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Maxwell `had hopes of secret rescue'

Thursday 09 November 1995 00:02 GMT
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Maxwell `had hopes of secret rescue'

The identity of a would-be rescuer of the Maxwell group had to be kept secret because of sensitivity about an Arab-Israeli peace conference, the Maxwell trial jury heard yesterday. Kevin Maxwell described his hopes that a group of Abu Dhabi investors including the ruler would inject pounds 400m into the crisis-hit group. Kevin, his brother Ian and former financial adviser Larry Trachtenberg deny conspiracy to defraud by misusing shares. Kevin denies a separate charge of conspiring with his father to defraud.

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