Cum-Ex Made My Life a ‘Shambles,’ Duet Founder Gabay Says (1)

Henry Gabay, founder of now defunct London-based asset manager Duet Group, told a German court that he’s innocent and that the “devastating” Cum-Ex charges against him are built on lies by his former business associates.

Gabay, who addressed for the first time the Bonn court where he’s on trial, said he’s still shocked to be in this situation as he relied on legal advice that cleared the deals at the time. The probe destroyed his firm and his personal reputation, Gabay said, mainly because of the media coverage of his 2020 arrest, which was leaked to the press. ...