July 31, 2014 / 8:21 AM / 3 years ago

BRIEF-UK's fraud office settles Robert Tchenguiz claims

1 Min Read

July 31 (Reuters) - Serious Fraud Office (SFO):

* The Serious Fraud Office and Robert Tchenguiz announce settlement of civil claims

* SFO has now agreed to pay Robert Tchenguiz, r20 and trustee total sum of 1.5 million stg in full and final settlement

* Trial scheduled to commence in October 2014 will not now take place

* Settlement of these claims means that civil damages actions against SFO relating to searches and arrests of Vincent and Robert Tchenguiz are concluded

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