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Al Shams Global loses US$117 000 lawsuit

BUSINESSMAN Jayesh Shah’s Al Shams Global has lost a US$117 000 lawsuit after the Supreme Court overturned a High Court ruling initially granted in favour of the company. The ruling comes after the defunct Interfin Bank advanced a loan of US$117 335 to Rodstreet Trading in 2012. However, Interfin Bank later advised Rodstreet Trading to…

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