UT (Tax & Chancery) UT-2022-0000150 - [2024] UKUT 00254 (TCC)

Question 4 (“Q4”) was:

“Was there any connection between either the Agreement or the fees paid under it and the Qataris’ participation in the capital raising so far as you were aware at the time?”

Mr Kalaris responded “No. Not in my view”.

The Authority’s position was that this statement was untrue: in cross-examination, Mr Stanley asked Mr Kalaris: “you are lying in that answer, aren’t you?”.