Saudi Investment Chief Ordered To Appear In Court As PGA-LIV Golf Legal Drama Heats Up

  • 📰 Forbes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Yasir bin Othman Al-Rumayyan, governor of the $500 billion (assets) Public Investment Fund of Saudi Arabia, has 21 days to respond to the summons as the bitter professional golf power struggle boils over into geopolitics.

the PGA Tour’s request to include Al-Rumayyan and the Saudi Arabian Public Investment Fund as defendants in its lawsuit against LIV, a suit filed in response to LIV’s ongoing lawsuit against the tour for allegedly breaking federal antitrust laws in its attempt to quash LIV in its inaugural 2022 season.

Lawyers representing the PGA Tour proposed the summons against Al-Rumayyan Wednesday, shortly before lawyers for the Saudi delegation a motion to stay orders requiring the Public Investment Fund and Al-Rumayyan to comply with the court’s requests, claiming the court discovery process would “violate Saudi law.”LIV burst onto the golf scene in 2022, with billions of dollars from the Saudi investment fund helping it sign away some of the PGA Tour’s best-known golfers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It is hypocrisy to criticize islamic fundamentalism and terrorism on one hand and as a country ally with such evil! Contact your local representative and tell them stopsuportingsaudi

Britain and Amerca you are facilitating the biggest humanitarian crisis of our times in Yemen by being allies, arms dealers! You are endorsing their denying woman, homosexuals and other minorities of human rights with that and other dealings with them with other Western countries

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines