Berezovsky did not provide a cent to Abramovich empire, court told

The bitter public feud between two Russian oligarchs descended into further trading of insults yesterday as Boris Berezovsky was described as having a "lively sense of his own importance".

Mr Berezovsky, said to be worth £500m, is embroiled in a court-room clash with the Chelsea football club owner Roman Abramovich, estimated to be worth £8.6 bn.

Mr Abramovich is being sued by Mr Berezovsky, who alleges breach of trust and of contract over the oil firm Sibneft and is claiming more than £3.2bn in damages. He claims he was "intimidated" into selling shares in the Russian oil company at a fraction of their value.

But yesterday the club owner's QC Jonathan Sumption accused Mr Berezovsky of grandstanding to members of his "private circle". He told the High Court that his actions appear to conform to the "classic psychology of the political exile". Mr Berezovsky is due to give evidence today at the Commercial Court in London in a trial that promises to lay bare the shadowy gangland world of mid-1990s Russia over the next two months.

Mr Abramovich denies the allegations, disputes that "oral agreements" were made and insists Mr Berezovsky is not entitled to damages, having not "contributed a single cent" to acquiring or building up Sibneft, nor made any managerial contribution.

His lawyer has told judge Mrs Justice Gloster that Mr Berezovsky left Russia in 2000 after a dispute with Vladimir Putin and subsequently settled in England.

He described Mr Berezovsky at the time as a "power broker" paid by businesses controlled by Mr Abramovich for his services as a "political godfather" following the collapse of communism in Russia in the 1990s.

In written papers presented to the judge, Mr Abramovich's lawyer said Mr Berezovsky's claims for damages are "difficult to justify".

"It may well be that Mr Berezovsky genuinely believes that having put Mr Abramovich on the road to one of the world's largest personal fortunes in 1995, Mr Abramovich owes him in some loose sense part of the benefits," said Mr Sumption, in a written outline argument before the court.

But he added: "Like many of his statements to members of his inner circle, it is grandstanding by a man with a lively sense of his own importance."

The hearing continues.

Voices
Hunted: A stag lies dead on Jura, where David Cameron holidays and has himself stalked deer
voicesThe Scotland I know is becoming a playground for the rich
News
newsMcKamey Manor says 'there is no escape until the tour is completed'
News
people'When I see people who look totally different, it brings me back to that time in my life'
Arts and Entertainment
Soul singer Sam Smith cleared up at the Mobo awards this week
newsSam Smith’s Mobo triumph is just the latest example of a trend
PROMOTED VIDEO
News
ebooksAn unforgettable anthology of contemporary reportage
News
news
News
people

Britain First criticised for using actress's memory to draw attention to their 'hate-filled home page'

Arts and Entertainment
A photograph taken by David Redferm of Sonny Rollins
people
News
news

Emergency call 'started off dumb, but got pretty serious'

Extras
indybest
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Business Analyst - Surrey - Permanent - Up to £50k DOE

£40000 - £50000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

***ASP.NET Developer - Cheshire - £35k - Permanent***

£30000 - £35000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

***Solutions Architect*** - Brighton - £40k - Permanent

£35000 - £40000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

Senior Research Fellow in Gender, Food and Resilient Communities

£47,334 - £59,058 per annum: Coventry University: The Centre for Agroecology, ...

Day In a Page

Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker