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The coming battle between two gemstone plutocrats in London’s High Court could embarrass Angola’s secretive diamond marketing organisation, Angola Selling Corporation (Ascorp). Uzbekistan-born Israeli diamond magnate Lev Leviev, who has major interests in Angola and Namibia, is pitted against his former ally, Russian-Israeli oligarch Arkady Gaydamak (AC Vol 42 No 11). Gaydamak is suing Leviev, alleging that he swindled him out of commission and dividends from Ascorp averaging US$3 million a month since 2004. A four-day trial is scheduled for May....

(This article contains approximately 317 words)

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Keywords:

Uzbekistan, Israeli, Lev Leviev, Namibia, Russian, Arkady Gaydamak, Berel Lazar, Manuel Hélder Vieira Dias Júnior, Kopelipa, Sociedade de Comercialização de Diamantes

Tag Cloud:

(4) ascorp(5) diamond(5) diamonds(3) gaydamak(5) leviev(8) namibia(2)