Ritz sold for ‘half market price’ after billionaire was 'secretly recorded'
about 5 years in The guardian
Sir Frederick Barclay was victim of ‘commercial espionage on a vast scale’, court told
Sir Frederick Barclay’s nephews sold the Ritz hotel for “half the market price” after secretly recording conversations between the billionaire co-owner and a Saudi investor offering £1.3bn for the London landmark, the high court has heard.
Barclay, 85, and his daughter Amanda are suing three of his twin brother Sir David Barclay’s sons - Alistair, Aidan and Howard - and Aidan’s son Andrew over 1,000 conversations secretly recorded over several months. Continue reading...
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