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Member Article

High Court judge freezes assets of ex-Leeds United MD David Haigh

A High Court judge has barred former Leeds United managing director David Haigh from dealing in his assets.

Haigh has been in prison in Dubai since May after being accused of fraud after dealings with Bahrain’s Gulf Finance House, who previously owned Leeds United, before selling to Italian firm Eleonora Sports, headed by Massimo Cellino.

The consortium that he was affiliated with, Sports Capital, issued a winding up peition against Leeds United earlier this year.

Mr Justice Males today imposed an asset freezing order on former Leeds United managing director David Haigh at a High Court hearing in London according to the Yorkshire Post.

Lawyers representing the Bahrain finance company which has taken civil court action applied for a freezing order relating to any assets Mr Haigh owned in England and Wales. His assets have also been frozen in a similar case in Dubai.

The judge reportedly said he was satisfied that GFH Capital had a “good arguable case” and said there was evidence of a “risk of a dissipation of assets”.

The judge also said Mr Haigh was known to operate through “overseas trusts and offshore companies”, Sports Capital for example, is based in Guernsey.

This was posted in Bdaily's Members' News section by Clare Burnett .

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