Arm’s dealer’s ‘bad publicity blitz’

An arms dealer warned of a blitz of negative publicity against the Gulf state which had accused him of fraud, the High Court heard. Iranian American aviation executive Farhad Azima, 78, has been accused a huge swindle by officials from the 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 of US Dollars 1.5 billion during his…

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