"The details about Sasan Ghandehari, who funded Farage's tickets to the summit, emerged in court papers about a 4m claim brought by a British Virgin Islands firm, which accuses Christie's auction house of misrepresentation when it sold the art. Ghandehari, a British citizen who is reported to have a $10bn (7.3bn) family trust, is described in the original claim as a representative who arranged the deal for the firm, Brewer Management Corporation."
"Court documents show Ghandehari, who was a guarantor for the sale, was reluctant to provide details of his income from HP Trust or its reported $10bn of assets over worries about it getting into the public domain, with his lawyer saying it would be an invasive exercise. The documents raise questions for Farage about the lack of transparency around Ghandehari's $10bn trust, after it was listed under the Reform UK leader's name as sponsoring his Davos pass."
A British Virgin Islands firm, Brewer Management Corporation, has brought a £4m claim alleging Christie's misrepresented a Picasso sale. Sasan Ghandehari, an Iranian-born British citizen linked to a reported $10bn HP Trust, is described as arranging the purchase and acted as guarantor. A judgment indicates his wife, Yassmin Ghandehari, is the ultimate beneficial owner of the BVI company. Christie's filed a £16m counterclaim alleging failure to pay for Femme dans un rocking-chair and sought security over concerns Brewer could not meet costs. Court papers show Ghandehari resisted disclosing trust income and assets citing confidentiality. Reform UK leader Nigel Farage accepted a Davos pass listed as sponsored by Ghandehari, raising transparency concerns.
Read at www.theguardian.com
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