Virginia Dowty

A defunct company controlled by British businessman Keith Leslie King has failed in an attempt to have a former client imprisoned in the Isle of Man. City & International Securities Ltd. had petitioned the High Court of Justice to hold

A now defunct Isle of Man stockbroking company controlled by offshore businessman Keith King has lost a second civil lawsuit brought by a former client. Defendant City & International Securities was found to have illegally transferred GBP200,000 out of the account of The Mannin Foundation, of Liechtenstein, to fund a new stockbroking firm that collapsed within 12 months and was compulsorily wound up by the Isle of Man High Court.

Judgment in Mannin Foundation v. City and International Securities Limited and Edenbridge Investments Limited v. Sunil Pabari at the Isle of Man High Court.

The Mannin Foundation vs. City & International Securities Limited - Plaintiff's Closing Submissions - Isle of Man High Court of Justice - July 13, 2000