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Guy Hands, right, claims it was wrong to pay too much for EMI by Citigroup? s David Wormsley Photo: Reuters

Closing statements were made in a runaway New York courtroom, in the last fortnight heard claims that Terra Firma founder Guy Hands have been cheated pay too much for EMI by Citi's David Wormsley.

Mr. hands alleges that, until the eve of his book of multi-billion dollar bid in May 2007, Mr. Wormsley alleged that Cerberus, a rival company, would do so knowing that it was pas.CITI rejected the allegations.

David Boies, Terra Firma, lawyer said jurors that he "does common sense" Mr. Wormsley don't know Cerberus had abandoned because the documents show that banker Citi has been kept informed process in his capacity as Advisor of the EMI.

Guaranteed yield that lasted two-and-a-half hours, Mr. Boies said that Citi was hungry generate costs from the sale of EMI and Mr. Wormsley had used his close relationship with their hands for Mr. do.

Ted Wells, Citigroup, counsel also said eight jurors in New York that all they need is their common sense.

Pointing there was no written record that Mr. Wormsley told Mr. hands that Cerberus was going to submit a tender, Mr. Wells said: "' use your good sens.Il comes to America. somebody would have written it." "He added: "the reason why it is not written is because the conversation never happened."

In an emotional style which contrasts strongly with more methodical approach to Mr. Boies, lawyer of Citi said jurors that Mr. hands has only the trial because he wanted to blame the unfortunate buy EMI decision.

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