Libel compensation worth £60,000 is set to be awarded to a former Royal Bank of Scotland (RBS) director, it has emerged today (January 31st).
Irfan Qadir took legal action against Associated Newspapers after the media outlet published two articles in May and June 2011 in the Mail on Sunday claiming he had made numerous threats to the owners of the Penthouse nightclub in Leicester Square in a bid to seize control of the business.
The newspaper falsely claimed that the proprietors of the company had issued a writ to the High Court in which they said they feared for their lives due to Mr Qadir's threats, before then publishing another story about him without including his side of the story.
In this piece, it was noted that the Pakistani entrepreneur had declined to comment, but in actual fact he was unavailable to do so - a fact the High Court agreed amounted to malicious reporting.
Last year, Associated Newspapers appealed after the High Court ruled partially in Mr Qadir's favour, but has today decided to end this process.
It is expected the group will have to pay £60,000 in damages to the claimant, as well as £690,000 in costs.
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Posted by Chris Stevenson