Shadowy Oligarch at the Centre of Britain’s Biggest Divorce Case

The high Court has branded Russian Oligarch who is fighting to avoid paying his wife hundreds of millions of pounds he owes as part of a divorce settlement, ‘shadowy’. Meanwhile, the couple’s son has become embroiled in proceedings as he seeks to hide details of his wealth from journalists.


London, UK - October 25, 2015: Known as The Law Courts, The Royal Courts of Justice, located in Westminster, houses the High Court and Court of Appeal of England and Wales. Credit: BrasilNut1
London, UK - October 25, 2015: Known as The Law Courts, The Royal Courts of Justice, located in Westminster, houses the High Court and Court of Appeal of England and Wales. Credit: BrasilNut1
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LONDON (WithinTheLaw) - The Daily Mail is reporting that Temur Akhemedov, son of Farkhad Akhemedov and Tatiana Akhmedova, has launched a bid to limit how much journalists can reveal about the latest round of Britain’s biggest divorce case.  

His parents are currently battling over £453million which Akhemedov owes his estranged as part of a divorce settlement. Back in 2016 a British judge Mr Justice Haddon-Cave, awarded her 41.5% of the oil baron’s £1bn fortune. However, Mr Akhemedov has so far not paid a single penny.

Mrs Justice Gwynneth Knowles who is presiding over a public virtual hearing will deliver a ruling on the son’s application in the near future. However, she has had some choice words about the Oligarch, branding him a ‘shadowy figure’ who is attempting to thwart British justice.

Mr Akhemedov had argued that because he and his wife were not married in Britain a British court should have no power in any divorce proceedings. Although his ex-wife has so far received £5million, the oil baron has not so far voluntarily paid her anything. 

Both are Russian citizens and were divorced in Moscow. In both the Russian and British hearings Ms Akhemedova admitted adultery with Mark Isle, a Surrey based IT specialist, and a school friend of one of her sons. 

As part of her action, she claims her husband and her son have worked to put certain assets beyond her reach such as a £346 million yacht and a modern art collection. Temur Akhemedov, who lives in London and works as a trader, denies the allegations. However, he is keen to avoid too much information about his wealth and the court proceedings making their way into the public domain.

 

(Written by Tom Cropper, edited by Michael O'Sullivan)

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