Posts Tagged ‘ADIA’

Panel rules for Citigroup in dispute

November 6, 2011, Posted by admin at 1:38 pm

Panel rules for Citigroup in dispute  November 06, 2011 An arbitration panel in New York has ruled against the Abu Dhabi Investment Authority (Adia) in its dispute with Citigroup over a US$7.5 billion (Dh27.54bn) investment. The ruling, which was handed down on October 14 but not announced publicly at the time, puts an end to [...]

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Lawsuit against ‘ADIA’ on Madoff’s ponzi scheme

April 17, 2011, Posted by admin at 5:22 am

Liquidators for a feeder fund that invested in Bernard Madoff’s ponzi scheme filed suit against the Abu Dhabi Investment Authority (ADIA) ADIA had invested large fund with Mr Madoff, by way of the Fairfield Sentry Fund. According to a media report, Fairfield Sentry Fund had more than $7 billion invested with Mr Madoff and was [...]

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