Arton Capital Announces Next Step in IMC Defamation Case

Dubai, Uae (ots/PRNewswire) -

Dubai Court confirms defamation and violation of media practice

Arton Advisors, part of the Arton Capital group of companies,
global leaders specializing in investor programmes for residency and
citizenship, is planning to file for compensation as a next step in
its case against the Investment Migration Council (IMC). In June of
last year, Arton Advisors FZE filed a Court case with reference no.
521/2017 against a highly defamatory report, instigated by the
Investment Migration Council (IMC), which contained many inaccuracies
resulted in significant reputational damage to Arton Advisors.

The Dubai Court expert confirmed on March 13 all the defamatory
materials mentioned in IMC's report and considered such action
adversely affects the reputation of Arton Advisors. The case
no.521/2017 is now concluded.

The Court media expert agreed the report was defamatory under
Dubai law. Based on the findings, Arton Advisors, as part of the
Arton Capital group of companies, reserves the right to pursue
anybody that promoted, or funded this report, in the criminal courts
of Dubai.

The case centres on the publication of the report "In Whose
Interest - Shadows Over the Hungarian Residency Bond Program", which
was sponsored and publicised by the IMC. At the time IMC had a
representative office in Dubai run by Citizenship Invest.

Despite repeated warnings from Arton Advisors' lawyers, the IMC
continued to promote the report and even proceeded with discussing it
in a special session at its annual meeting in Geneva in 5-7 June
2017. The IMC also promoted the report at a press conference in
Budapest, Hungary on March 16 2017, and through numerous articles
which were published in the aftermath.

Arton Advisors' rights have been reserved as it presses forward
with pursuing damages against those involved in the publication of
the report.

About Arton: Arton Advisors is part of the Arton groups of
companies, which empower individuals and families to become global
citizens by investing in alternative residency and citizenship around
the world. This is accomplished through a bespoke service experience,
which simplifies complexity and is supported and sustained by
long-term relationships.

As a global financial advisory firm specializing in investor
programmes for residence and citizenship, the company plays a
critical role in empowering governments, consultants, legal and
financial professionals, and investors to meet their goals
efficiently, effectively and responsibly.

CONTACT INFORMATION

MEDIA CONTACT ARTON ADVISORS:

Rupert Wright

Ashbright

Tel: +44-7557-371908

rw@ashbright.com

ots Originaltext: Arton Capital
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