Property billionaire Vincent Tchenguiz has launched a £2.2bn legal action against accountancy firm Grant Thornton and Icelandic bank Kaupthing.
A number of individuals are also named in the documents, filed with the high court, as being part of a conspiracy against Tchenguiz, surrounding the Serious Fraud Office’s collapsed legal case against him.
Tchenguiz claims that Grant Thornton and Kaupthing, along with Stephen Akers and Hossein Hamedani, two Grant Thornton partners, and Johannes Runar Johannsson, a lawyer involved in the winding-up of Kaupthing, conspired to instigate the SFO investigation in order to quash Tchenguiz’s £1.6bn claim against the collapsed Icelandic bank.
A Kaupthing spokesman said that Tchenguiz’s claims had ‘no basis in fact or in law and will be very vigorously contested.
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