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Pay your mother: Oligarch’s son ordered to shell out $100M in UK

Pay your mother: Oligarch’s son ordered to shell out $100M in UK

Al Jazeera
Wednesday, April 21, 2021 07:03:12 PM UTC

Temur Akhmedov did ‘all he could’ to stop his mother from getting a $627m divorce payout, a United Kingdom judge said.

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.
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