No dungeon in the palace at Ras-al-Khaimah

A Gulf state suing an arms dealer for fraud did not run a  ‘secret dungeon’ in the Ruler’s palace, 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 as boss and jailed for 15 years in…