Aviation Magnate Hits UAE Fund With Hacking Countersuit

Law360, London (August 17, 2019, 12:59 AM BST) -- Aviation magnate Farhad Azima filed a $16.7 million counterclaim in England's High Court on Friday against an Emirati state-owned investment authority he alleges hacked his email accounts and leaked details about him on the internet.

A High Court judge had given Azima permission on Aug. 6 to file his counterclaim that introduced hacking claims against Ras Al Khaimah Investment Authority, or RAKIA, but refused to let it go to trial alongside the main fraud dispute between the parties.

The counterclaim is the latest move in a legal battle in which Azima is being sued by RAKIA, a sovereign wealth fund owned...

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