Sunday, May 01, 2011

Step forward the real diamond king

The highway is for gamblers, better use your sense
Take what you have gathered from coincidence

http://www.guardian.co.uk/business/2011/apr/25/diamond-arkady-gaydamak-lev-leviev

Salient sentence being:

However, Gaydamak states in his claim that he really owned 24.5% of the company and that his involvement was kept secret after "it was agreed that the public positioning of [Leviev] as owner and controller of the relevant assets was for convenience only. [Leviev] was a trustee vis-a-vis [Gaydamak's] share of the relevant assets".


A curious arrangement.