US Supreme Court Rejects ADIA’s $7.5 Billion Citigroup Dispute
Posted on 10/07/2014
Yesterday, the U.S. Supreme Court rejected a move by the Abu Dhabi Investment Authority (ADIA) to resume pursuing New York-based Citigroup for funds lost in a US$ 7.5 billion investment. ADIA was one of a number of sovereign wealth funds that bailed out Wall Street. The core issue is that ADIA claims Citigroup fraudulently convinced […]
