A legal battle over a Picasso painting has pulled back the curtain on the offshore bank accounts of Sasan Ghandehari, the businessman who paid for Nigel Farage’s trip to the World Economic Forum in Davos.

The case centers on a company based in the British Virgin Islands that is tied to Ghandehari. This company is currently suing Christie’s auction house. In response, Christie’s has filed a counterclaim to recover unpaid funds.

Court records reveal that Ghandehari was hesitant to share specifics about his family trust, which is reportedly worth 10 billion dollars. This lack of openness has sparked questions about the transparency of the money used to support Farage.

Ghandehari’s legal team argued that keeping such trusts private is standard practice. After reviewing the case, a judge ruled that the offshore firm does not have to pay a deposit, or "security for costs," to cover legal fees if they lose the case.