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The UK funder has been challenged by counsel for the Citi more why he continued to seek an agreement with Citi on debt EMI Summer 2009 while believing he was deceived by the Bank to pay too much for the music label. "I think that fraud is a word very, very strong and I was trying to find a path without destroying any relationship between the Citi and us," Mr. said that the last day of a bruising hands first week of trading in Manhattan drew to a close.

Terra Firma capital private investment company founded by Mr. Hands, says Citi billion in damages, alleging that in May 2007, the deceived us Bank Terra Firma to too high a bid for EMI, society of music with the Beatles a stable.

More specifically, the hands of Mr. alleges that David Wormsley, head of banking investment UK Citi and an old friend of Mr. Hands, three times during the weekend before submissions were due to the Cerberus, a rival company, would pay a certain price, knowing it was pas.CITI denies the allegations. Theodore V Wells, senior counsel, Citi, asked Mr. hands, if he believed that he had been misled by M. Wormsley it do not call him during the summer 2009 before eventually filed a lawsuit in December of the same year.

Mr. hands told the jury that it would be inappropriate, although he said that talks to restructure debt EMI that Chad Leat, a senior at Citi, he felt that he had been misled.The American Bank lent Terra Firma ￡ 6bn to 5.3 ￡ 4 for EMI, one of the last purchase 2 Deals sealed before the financial crisis swept markets.

Several hours of cross-examination, Mr. Wells has challenged the hands of Mr., within hours of Terra Firma submit their final bid on the morning of Monday, May 21, he was already an indication that Cerberus can not made a final offer.

The Court has shown an email forwarded to Mr. hands by Andrew Dowler, a leader of public relations has hands of Mr. as client.Le E-mail lists issues that newspaper the Financial Times (FT) knowledge would have been auctioned for EMI Monday, with the third of four points ball reading "Cerberus is."

Mr. Hands, 51, told the Court that "I don't know even if I've read it (e-mail)" and that "the FT get bad things on a totally consistent basis.

Mr. hands is due to finish testifying before Mr. Wormsley, who spent sitting week a line behind his former client, take stand later that day is Monday.

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