Singapore:A Singapore-based Indian billionaire has dragged a British intelligence and cyber security company to the high court in London in a case which features a UK country house - once the marital home of Prince Andrew, a Kazakh tycoon, Morgan Stanley - and allegations of money laundering.
Arvind Tiku, founder and chairman of AT Capital group, a private investment company headquartered in Singapore, has filed a lawsuit seeking compensation and a declaration from S-RM Intelligence and Risk Consulting Limited that the personal data held by them about him is inaccurate.
S-RM provides insights to clients on individuals which includes due diligence, and background checks to help them “navigate complex risks”. From November 2014 till February 2020, S-RM is alleged to have made four reports on Tiku and disclosed it to third parties.
In February 2021, Tiku made a data subject access report seeking a full copy of the personal data in those reports. In the UK, individuals have the right to access and receive copies of their personal data and other information held by companies to see how and for what purpose it is being used. In March 2021, S-RM provided a redacted copy of the Morgan Stanley report to Tiku, and declined to identify the entities who had commissioned additional reports, saying that they were outside the territorial scope of the UK/EU General Data Protection Regulation (GDPR). This also possibly means that the data contained in these reports were effectively transferred outside the UK and European Union.
