A High Court judge has accused Robert Tchenguiz of lying in a legal battle over a €2bn deal to gain control of the Spanish headquarters of Santander bank.
Mr Justice Popplewell, sitting in the High Court’s commercial division, said that the flamboyant entrepreneur was “not a good witness . . . [and] was prepared to say whatever he thought would assist [his] case” as he ruled against Mr Tchenguiz’s Edgeworth Capital, a Luxembourg-registered company, in his fight with Aabar Investments, an Abu Dhabi investment business.
In the judgment published last week, Mr Justice Popplewell said: “He [Mr Tchenguiz] seemed to take little care in his language or the accuracy of his evidence, often contradicting something he had said previously.