OLIGARCHS TRADE BLOWS IN COURT BATTLE

A RIVAL oligarch has accused billionaire Oleg Deripaska of "telling lies on a grand scale" to sidestep a 2001 contract over a stake in RUSAL, the world's top aluminium producer, the High Court heard yesterday at the start of a multi-billion-dollar legal battle. Businessman Michael Cherney accuses Deripaska of “re-writing history" to erase their partnership, according to court documents. Deripaska denies a partnership with Cherney.