According to press reports, the Court of Cassation in Bahrain (the country's highest court) has overturned the decision of the Court of First Instance and the Appeals Court to reject Mr. AlSuwaidi's lawsuit against Mr. Janahi. The Court of Cassation has remanded the case to another Appeals Court.
Mr. AlSuwaidi is seeking US$125 million in compensation related to "The Energy City in Qatar". As per the article originally he and Mr. Janahi were parters in a Caymans registered company "Gulf Energy Company" which was to develop the Qatar Energy City. It's not explained how, but Mr. Janahi acquired control the project which the article states cost several billion dollars and opened in March 2006.
Here's a report from AlKhaleej (UAE) and AlQabas (Kuwait).
You're not likely to see anything in the Bahraini press given the constraints imposed by the Press Law (Law #47 of 2002). And that's why in the Bahraini press the name of the former CEO of The International Banking Corporation was not mentioned in the article on his arrest. Or why the Bahrain press will not publish the name of a businessman or company declared bankrupt by the court.
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