30 Mar 2017
A court in London Wednesday dismissed a lawsuit by Unaoil and its controlling family to quash the fruits of a search police in Monaco conducted last year at the request of the UK Serious Fraud Office.
The lawsuit alleged the SFO relied on misstatements and omissions when it asked authorities in Monaco to raid offices and homes connected to Unaoil and its chairman Ata Ahsani, and his sons Cyrus and Saman.
Cyrus is the former chief executive of Unaoil and Saman is the chief operating officer.
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