In UK's "Largest Divorce" Case, Son Ordered To Pay $100 Million To Mom
NDTV
Azerbaijan-born Farkhad made much of his wealth from the sale of his stake in a Russian gas producer in November 2012 for $1.4 billion.
The son at the center of the U.K.'s largest divorce lost a London court ruling over his role in hiding assets from his mother with a judge calling him "a dishonest individual who will do anything to assist his father." Temur Akhmedov worked with his billionaire father, Farkhad Akhmedov, to do "all he could" to stop his mother from obtaining a 450 million-pound ($627 million) court-approved divorce payout, Judge Gwynneth Knowles said in a ruling Wednesday. The judge ruled Temur should pay his mother more than $100 million. The trial attracted scrutiny after Temur revealed he'd lost more than $50 million day trading while a college student. He'd argued that far from hiding his father's money from his mother, he'd instead lost some of it with bad trades. "Temur has learned well from his father's past conduct and has done and said all he could to prevent his mother receiving a penny of the matrimonial assets," the judge said.More Related News