A multimillionaire Saudi businessman has remained clenched in a lengthy dispute with a Mayfair casino over an alleged gambling debt amounting to 2 million.
Sheikh Salah Hamdan Al Balawi, who is known for having assets exceeding 100 million, has been charged with a failure to settle a debt with the Les Ambassadeurs Club. The global assets of the Sheikh were halted in February 2020 after the London-based casino claimed that it had been unable to reach the Sheikh. According to reports, the 52-year-old Sheikh become inaccessible when cheques issued in September 2019 bounced and the Les Ambassadeurs Club failed to recover the money.
Now, the legal fight went to the High court, where a judge lifted the freezing order, which was imposed o…
Read the full article at: http://www.casinoguardian.co.uk/2020/05/28/legal-dispute-between-mayfair-casino-and-saudi-businessman-over-gambling-debt-remains-open/