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CFI 036/2014 Vannin Capital Pcc Plc v (1) Mr Rafed Abdel Mohsen Bader Al Khorafi (2) Mrs Amrah Ali Abdel Latif Al Hamad (3) Mrs Alia Mohamed Sulaiman Al Rifai (4) KBH Kaanuun Limited (5) Bank Sarasin-Alpen (ME) Limited (6) Bank J. Safra Sarasin Ltd (Formerly Bank Sarasin & Co Limited)

CFI 036/2014 Vannin Capital Pcc Plc v (1) Mr Rafed Abdel Mohsen Bader Al Khorafi (2) Mrs Amrah Ali Abdel Latif Al Hamad (3) Mrs Alia Mohamed Sulaiman Al Rifai (4) KBH Kaanuun Limited (5) Bank Sarasin-Alpen (ME) Limited (6) Bank J. Safra Sarasin Ltd (Formerly Bank Sarasin & Co Limited)

February 21, 2018

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Claim No. CFI-036-2014

THE DUBAI INTERNATIONAL FINANCIAL CENTRE COURTS

IN THE COURT OF FIRST INSTANCE

BETWEEN

VANNIN CAPITAL PCC

for and on behalf of protected cell – Project Ramsey

Claimant

and

(1) MR RAFED ABDEL MOHSEN BADER AL KHORAFI

(2) MRS AMRAH ALI ABDEL LATIF AL HAMAD

(3) MRS ALIA MOHAMED SULAIMAN AL RIFAI

(4) KBH KAANUUN LIMITED

Defendants


 CONSENT ORDER


UPON reviewing the Consent Order issued by Assistant Registrar Natasha Bakirci on 18 May 2016 pursuant to which a sum of US$7,788,346.47 was preserved for the benefit of the Claimant and a sum of US$1,450,000 was preserved for the benefit of the Fourth Defendant against funds paid into Court by the defendants in CFI-026-2009

AND UPON the sums preserved for the benefit of the Claimant and the Fourth Defendant having been paid by the Court directly to the Claimant in the amount of US$7,788,346.47 and directly to the Fourth Defendant in the amount of US$1,450,000 pursuant to joint instructions received from the parties pursuant to paragraph 8 of the Consent Order dated 18 May 2016

AND UPON subsequent agreement by the parties

IT IS HEREBY ORDERED BY CONSENT THAT: 

1. Case No. CFI-036-2014 is discontinued.

2. There be no order as to costs.

 

Issued by:

Ayesha Bin Kalban

Assistant Registrar

Date of issue: 21 February 2018

At: 4pm

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