Sheikha Latifa, The Dubai Princess Abducted By Her Father
December 12, 2020
Dubai, UAE is a world-famous place teeming with prosperity and luxury, revered by many for its splendour. However, the news surfacing in open for the last few years tell us that behind the smokes and mirrors of affluence, there is denial of liberty to many. Likewise, this violation to right to freedom also extends to people as privileged as the ones born with a royal golden spoon.
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The ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum ‘ordered and orchestrated’ the kidnapping of his daughter, Sheikha Latifa two years back after she tried escaping Dubai.‘ This was stated by a judgement of UK High Court in March.
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Mallya seeks access to funds held by UK court from sales of French asset
Deputy Insolvency and Companies Court Judge Robert Schaffer declined to allow a draw down from the court-held funds of an estimated amount of around 1.5 million pounds, accrued from the sale of Mallya s French luxury property Le Grand Jardin
PTI | December 11, 2020 | Updated 22:30 IST
Vijay Mallya
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India.
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court, seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India.
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The expansive growth of the virtual assets industry is primarily
due to the fact that they have become ubiquitous over the last few
years, prompting more national and regional authorities to grapple
with their regulation. With the inauguration of the Fintech Roadmap
Implementation Committee in Nigeria, one of the recommended areas
of implementation is to decide on the preferred classification of
crypto-currencies (either as Commodities, Securities or Currency).
Categorisation of these assets has been a hot topic in order to
determine the legal status and how the law would apply to them in