I wish I knew the answer to that question. One would think not, but who knows? How old are these gents? Is there an amount sufficient enough to send someone off into the sunset?
The most interesting point I've seen to date is the possibility that Etihad Airways is going to go public via an IPO on the NYSE. This would mean that Etihad would have to obtain SEC approval through a vigorous and transparent vetting process. Were they to gain such approval how could an independent panel of 3 judges appointed by the PL find them to be involved in what amounts to large scale fraud? That would be ridiculous. Also, my understanding is Etisalat is already 40% publicly owned and is, therefore, already subject to reporting and review by the appropriate regulatory bodies. Are they duping everyone as well?
Also, are Silver Lake in on a massive fraud or victims of SM's deceitfulness? As if an equity firm the size of Silver Lake would be so easily taken in by a fraud of such magnitude when making the decision to invest heavily into CFG.
And while we're at it, it takes some balls to straight up accuse a member of the UAE Royal Family of being an absolute cheat and a fraudster. It's one thing to make sure people are following the rules, but it's another to bring forth this type of charge.
115 charges my ass!! What an obvious agenda driven shitshow this all really is.
And all these ridiculous twats coming onto social media with their mini documentaries thinking they can spell out exactly what it is City have done. Yeh, sure, we're to believe SM, Kaldoon, Soriano, the lot of them are the biggest idiots in the world using major sponsorship contracts to inflate their revenue. And they're doing it with major sponsors from the UAE to boot. Can a plot be more obvious?
The whole thing is a joke. Either you can ascertain that deals were made at substantially above market value or you can't. And in failing that, which is a given, you then need to prove the sponsors in question did not make the payments to City but rather SM himself did. Even if that were the case it would be impossible to prove without testimony supported by documentation from someone within these companies entrusted with this level of financial activity.
I would bet my last dollar if anyone is kicking the can down the road right now it's the Prem. They are certain that their case is a loser and are buying time to figure out a way to get out of this while saving face and meanwhile they're getting the side benefit of City's name being dragged through the mud.
This is only going to end one way and that's with City being exonerated, simple as...
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