Robert Tchenguiz was paid a fee, thought to be about £1 million, by a property investor to introduce him to the collapsed Icelandic bank Kaupthing it emerged this weekend. Moises Gertner went on to borrow significantly from Kaupthing and later bought a big stake in the bank. A spokesman for Tchenguiz said he could not comment on whether the tycoon had received a fee from London-based Gertner, but denied he had been paid by Kaupthing for making the introduction.
Tchenguiz was arrested and questioned last week by the SFO. Six others were also questioned, including his brother Vincent and three former Kaupthing bosses. The two other men questioned, Tim Smalley and Aaron Brown, were also central figures in Robert Tchenguiz's business empire and were used to help run his stakes in listed British companies.
The Mail on Sunday
