The son at the center of Britain’s biggest divorce has lost a London court ruling over his role in hiding his mother’s assets, with a judge calling him “a dishonest person who will do anything to help his father”.
Temur Akhmedov worked with his billionaire father, Farkhad Akhmedov, to do “everything he could” to stop his mother from obtaining a court-approved divorce payment of £ 450 million ($ 627 million). Judge Gwynneth Knowles said Wednesday. The judge ruled that Temur should pay his mother more than $ 100 million.
The trial drew control after Temur revealed that he lost more than $ 50 million trading when he was a student. He had claimed that, far from hiding his father’s money from his mother, he had lost it by mistake.
“Fear learned well from his father’s past behavior and did and said everything he could to prevent his mother from receiving a penny from the matrimonial property, ”the judge said.
The son of the feudal couple “shocked” my father $ 600 million Divorce
Temur’s mother, Tatiana Akhmedova, wants the keys to a luxury apartment overlooking Hyde Park in London, in an attempt to recover some of the cash.
Farkhad, born in Azerbaijan, earned much of his fortune from selling his stake in a Russian gas producer in November 2012 for $ 1.4 billion. But the oligarch refused to make any divorce payments, leaving Tatiana, supported by the financier of the disputes. Burford Capital Ltd., to pursue cases in at least six countries.
Photographer: David Mirzoeff / PA Images / Getty Images
“Predictably, given the initial wrong and wrong judgment, the London court ruled in favor of visiting the” sins “of the father of an innocent and loyal son,” Farkhad said in a statement.
The fight led to Tatiana’s hitherto unsuccessful legal attempts to seize a 115-meter (377-foot) superyacht owned by Roman Abramovich, now in Dubai, and a collection of over 140 million worth of modern art. dollars in a secure deposit. from Liechtenstein, known as the “Treasure House”.
Farkhad moved to Russia after the initial divorce order in 2016. But, obtaining an English ruling against Temur, a resident of the United Kingdom, will make it easier for his mother to obtain her local property.
At last year’s trial, Temur said his father made his own decisions. He said his mother’s choice to sue him was “extremely troublesome and in many ways quite frightening”.
He said in a statement that although he did not agree with the ruling, “he would consider it a worthwhile price to pay if it led to a reasonable settlement between the parents he both loves.”
Tatiana said during the trial that her relationship with her eldest son “is now very tense.” She said FELT he had no choice but to sue him.
“I have always known that my power will prevail through smoke and mirrors as presented by Farkhad and his circus of illusionists,” Tatiana said in a statement after the ruling.
Temur said in the process that he had some initial trading successes, only to make a series of losses while studying at the London School of Economics. When he tried to recover the money, “convinced that this loss was just bad luck”, he increased his risk exposure and lost everything, he explained in court.
The judge rejected Temur’s explanation that his mother knew about his transaction, saying that the transfer of millions of dollars from his father’s account was, in fact, designed to make it available to her. The fact that he accumulated losses then was not at hand, she said.
“All happy families are the same, every unhappy family is unhappy in its own way,” Knowles said in his judgment. “With apologies to Tolstoy, the Akhmedov family is one of the most unfortunate people to ever appear in my courtroom.”
(Update with details on Tatiana’s strategy for the UK in paragraph 9.)