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Arms dealer drops on Marbella

March 2, 2010  •  Andalucia, Lead2, Malaga  •  0 Comments

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THE arms dealer who once owned Spain’s most expensive real estate is set to return for a charity dinner in Marbella.

Multi-millionaire magnate Adnan Khashoggi – former owner of La Zagaleta development in Benahavis – will attend the Children for Peace event at Hotel Incosol.

After a 17-year absence from Spain the business tycoon will attend the dinner scheduled for March 27 with second wife Lamia – the charity’s vice president.

In 1988 Khashoggi was jailed in Switzerland for concealing funds but was acquitted two years later.

Born in Mecca, Khashoggi was regarded as the world’s richest man in the 1980s and his yacht, the Nabila, was used in James Bond film Never Say Never Again.

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Arms dealer drops on Marbella

MAGNATE: Khashoggi once owned whole of La Zagaleta development

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The Olive Press is the English language newspaper for Andalucia. Local news from Costa del Sol and inland Andalucia plus national news from around Spain. A campaigning, community newspaper, the Olive Press represents the huge and growing expatriate community in southern Spain - 29,000 copies printed monthly with an estimated readership, including the website, of more than 170,000 people a month.