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Al Fayed To Pay $2.2M in Gems Suit

March 9, 2000

LONDON (AP) _ Mohammed Al Fayed, the owner of Harrods department store, agreed Thursday to pay more than $2.2 million to his former business rival’s widow after she claimed someone stole gems from her safe deposit box at the store.

The suit was brought by Josephine Rowland, widow of Tiny Rowland, the entrepreneur who battled Fayed for control of the store in the 1980s. She said she had lost 20 emeralds, seven rubies and four tanzanite stones.

Her attorney, Christopher Moger, said in court that Fayed had agreed to pay her claim for the jewels, valued at $2.2 million.

Al Fayed and three employees previously were found liable for about $400,000 in damages due to three break-ins dating back to 1995.

Christopher Carr, the attorney representing Al Fayed, said the defendants agreed to pay compensation ``expressly on the basis that they had no personal responsibility for taking or stealing the stones.″

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