Saudi Arabia has reportedly threatened to imprison bankers and consultants involved in the LIV Golf merger if they cooperate with a probe by US lawmakers. In November, the Public Investment Fund (PIF) sued its advisers in a Saudi court to prevent information from being shared with the US Senate committee on homeland security and governmental affairs.
Violating the court order could lead to a 20 years imprisonment. US lawmakers criticized the lack of cooperation with advisers citing potential criminal penalties under Saudi law. PIF claimed the requested documents are unprecedented and they are making efforts to comply with Saudi laws. Despite assurances, opposition to the LIV Golf merger persists with concerns about political complications.
Jayson Tatum put on a historic performance as the Boston Celtics cruised to a 123-98…
Tyson Fury and Oleksandr Usyk have created one of boxing’s most memorable rivalries with their…
Manchester United's woes deepened with a dismal 3-0 home loss to Bournemouth, marking their second…
Tottenham manager Ange Postecoglou's entertaining style faced a tough test as Spurs suffered a heavy…
Bournemouth's 3-0 win at Manchester United was hailed as a remarkable achievement by Andoni Iraola,…
Joao Fonseca became the second-youngest winner of the Next Gen ATP Finals, defeating American Learner…