Arms dealer accused of forgery

An arms dealer being sued for fraud by a Gulf state forged documents to inflate the value of a flight simulator he sold in a joint venture, the High Court heard. Iranian American aviation executive Farhad Azima, 78, has been accused of misleading the Gulf state of Ras-al-Khaimah (RAK). The Emirate claims he colluded with Dr Khater Massaad, the former chief executive of the state’s investment body, RAKIA. Dr Massaad was convicted of global embezzlement and mismanagement during his tenure…