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Saudi bank fights Saad on limitation grounds

By Benjamin Clarke

12 February 2019

Saudi bank fights Saad on limitation grounds iStock.com/Alphotographic.com

Saudi bank Samba has asked an English appeals court to prevent the joint liquidators of Cayman-incorporated Saad Investments Company (SICL) from amending a share claw-back claim they first filed against the bank in 2013, on grounds of limitation.