Anthony @ Equity Investigations, Dear Anthony, Message Board

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To: mmmary who wrote (68975)	3/27/2001 9:42:24 PM
From: StockDung	of 122087

Adnan Khashoggi in the news Saturday, 6 June, 1998 dispatch.co.za -------------------------------------------------------------------------------- R65m gambling debt settled LONDON -- The casino at London's Ritz Hotel yesterday settled out of court its lawsuit against billionaire arms dealer Adnan Khashoggi for R65 million in gambling debts. A London High Court judge was told the parties had come to terms, which neither side disclosed. Costs of the case are thought to be more than R8m. The judge heard that the 63-year-old Saudi businessman between January and April 1986 gambled a total of R80m. His luck quickly ran out and he had to sign 16 cheques which his bank refused to honour. -- Sapa-AFP

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