NEWS

Wednesday 5 September 2012

Chelsea Owner Roman Abramovich wins £3 Billion Court Battle in UK HighCourt


Russian oligarch Boris Berezovsky has lost his High Court battle with Chelsea Football Club owner Roman Abramovich.
Berezovsky, 66, was claiming more than £3bn damages at a High Court trial after accusing the 45-year-old Russian billionaire businessman of blackmail, breach of trust and breach of contract, but the judge said the former billionaire had been "clearly making his evidence up as he went along."
Berezovsky told the trial, which started in London last October and ended in January, that Abramovich "intimidated" him into selling shares in a Russian oil company at a fraction of their value.

He also told judge Mrs Justice Gloster that Abramovich broke a promise made during a deal relating to a Russian aluminium company.
Abramovich, who was not in court to hear his victory, disputed the claims.
Announcing her decision, Mrs Justice Gloster said she found Abramovich "to be a truthful, and on the whole reliable, witness".
Berezovsky was "an unimpressive, and inherently unreliable witness who regarded truth as a transitory, flexible concept."
During the trial, Berezovsky labelled Abramovich a "gangster". Abramovich said there was at times "something of a megalomaniac" about Berezovsky.

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