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JUL 31, 2013 - Business Insider

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Saudi Prince Alwaleed Ordered To Pay Millions For Selling His Private Jet To Col. Gaddafi

A billionaire Saudi prince has been ordered by the high court to pay $10m (£6.5m) in commission to a British-based Jordanian woman for selling his luxurious private jet to Colonel Muammar Gaddafi. Prince Al-Waleed bin Talal bin Abdul-Aziz Al Saud, who owns the Savoy hotel in London, had given evidence in court playing down Daad Sharab's role in the $120m deal with the former Libyan leader in 2005. The prince disputed her claim that any agreement was made for a "specific commission", saying she would have been paid at his discretion. He decided not to reward her because during the ... Read More

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