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by Mike Caswell

The cross-examination of Multivision Communications Corp.'s Aly Nazerali continued on Thursday afternoon, with defence lawyer Roger McConchie questioning him about names, dates and books. The purpose of the material was not immediately clear, but some of it appeared to show links between Mr. Nazerali and notorious Canadian Irving Kott. One of the books also linked him with what Mr. McConchie quoted as "one of the world's largest bank frauds."

Mr. Nazerali's testimony is part of a defamation lawsuit he is pursuing against a website called Deep Capture, which purports to expose wrongdoing in the markets. The suit is over several chapters that appeared on the website in 2011 which Mr. Nazerali claims wrongfully accused him of being a drug dealer, terrorist, fraud artist and gangster, among other things. The defendants include Patrick Byrne, the short-selling conspiracy theorist who runs Overstock.com Inc. and Deep Capture. Also a defendant is journalist Mark Mitchell. The men contest the allegations and are fighting the case.

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