According to The Times website today, the damages and costs are more than £1 million.
AN EDINBURGH property developer has been awarded more than £1m in damages and costs against a Dubai newspaper after it wrongly said that he had deceived Middle East investors.
Mark Emlick, chairman and founder of Dunedin Independent, one of Scotland’s largest privately-owned independent financial advice businesses, won his case against the Gulf News in the High Court in London this week.
He brought the case for defamation of character after Gulf News reported in April last year that he and a partner were being sought in Dubai and in the UK by investors who claimed he had absconded with their money after a property deal that involved his company Strategic Property Investment group (SPI) went sour.