Omar Sharif Amanat is an American entrepreneur, film producer, and investor in media, technology and hospitality companies.
In February 2014, Amanat co-founded with Adrian Zecha a new venture known as Aman Resorts Group Limited (ARGL) backed by a consortium of investors led by Vladislav Doronin.
The ruling, by the High Court, which was reviewed by the Wall Street Journal, reinstated Zecha as CEO, which was viewed as a victory for Amanat.
Fortune reported the following transcript of Judge Alan Gropper:[34] You might certainly be interested in reading how Mr. Amanat started off his Chapter 7 case, which was absolutely extraordinary.
[35] Fortune also reported that "[b]efore the case was over, the bankruptcy judge, Gropper, found that Amanat executed fraudulent conveyances, deceived creditors, and backdated documents.
[41] Defense lawyers accused the prosecution's star witness Stephen E Maiden of having high-ranking DOJ ties and of losing most of his funds money before investing in Kit.
Tuzman and Amanat had been accused of conspiring to inflate KIT's trading volume and share price between 2008 and 2011 in an effort to hide their devastating losses.
Three government witnesses who pleaded guilty, including two former KIT executives and a disgraced hedge-fund founder, told jurors of related frauds being directed by Tuzman and Amanat in an effort to hide their disastrous investment losses.
[1] Amanat has been a board member of Human Rights Watch, Malaria No More,[43][44] The Acumen Fund and the Ad Council[45] and worked as a spokesman for Bridges TV before its debut,[46] where he advocated for Muslims to undo negative misperceptions of themselves in media.