| From Timesonline.co.uk: Abu Dhabi's sovereign wealth fund, one of the largest in the world, has filed a claim against Citigroup accusing the US bank of fraudulent misrepresentation in an investment deal it signed in 2007.
The Abu Dhabi Investment Authority (ADIA) is demanding damages of over $4 billion or an end to the investment agreement which obliged the fund to buy $7.5 billion in Citigroup shares between March next year and September 2011 at prices about 10 times higher than their current market value......................................Full Article: Source
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