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Man ordered to pay mother £75m after assisting 'schemes' by billionaire father to hide divorce money

A person has been ordered to pay £75m to his divorced mom after serving to his father conceal cash and belongings from her, a court docket has dominated.

Temur Akhmedov, 27, labored as his fathers “lieutenant” towards Tatiana Akhmedova, 48, in keeping with a Top Courtroom ruling.

In 2016, Ms Akhmedova used to be awarded a 41.five% percentage of 65-year-old Farkhad Akhmedov’s £1bn-plus fortune.

Temur Akhmedov said he was sure he could recover his initial losses through more trading
Temur Akhmedov used to be ordered to pay £75m

This quantities to about £453m, and is considered the largest award of its sort.

On the other hand, judges have heard that to this point handiest about £5m has been won by means of Ms Akhmedova – and her Russian businessman ex-husband has now not “voluntarily” paid a penny.

Ms Akhmedova is pursuing her former partner in courts in more than one international locations as she says he’s hiding cash from her, the use of their son to lend a hand him.

The court docket heard the billionaire had moved the possession of his £340m superyacht Luna right into a believe in Lichtenstein.

Mrs Justice Gwynneth Knowles made the ruling towards the couple’s son on the Circle of relatives Department of the Top Courtroom in London, announcing huge sums of cash have been despatched to him.

She stated: “The spouse has been the sufferer of a sequence of schemes designed to position each and every penny of the husband’s wealth past her succeed in.

“Their eldest son, Temur, showed in his oral proof that the husband would relatively have observed the cash burnt than for the spouse to obtain a penny of it.

“Regrettably, the ones schemes had been performed with Temur’s wisdom and lively help.

“I reject his case that he used to be an insignificant go-between for his father: the proof indicated another way.

Tatiana Akhmedova was awarded £453m in 2016
Tatiana Akhmedova used to be awarded £453m in 2016

“Temur instructed me in his proof that he had helped his father offer protection to his belongings from his mom’s claims.

“He used to be, certainly, his father’s lieutenant.

“Temur has discovered neatly from his father’s previous behavior and has completed and stated all he may to stop his mom receiving a penny of the matrimonial belongings.

“He lied to this court docket on a lot of events, breached court docket orders, and failed to supply complete disclosure of his belongings.

“I in finding that he’s a bent particular person who will do the rest to lend a hand his father, undoubtedly as a result of he’s totally depending on his father for monetary toughen.”

The more youthful Akhmedov’s spokesman stated: “Like hundreds of thousands of younger folks, Temur has been stuck up within the break-up of his oldsters’ marriage. He by no means sought to take aspects or become involved however inevitably discovered himself sucked into the vortex of a sour circle of relatives dispute.

“His next movements had been handiest ever motivated by means of his want to finish the conflict between his oldsters.

“Whilst he basically disagrees with this judgment, he would believe it a value price paying for will have to it result in an inexpensive agreement between the oldsters he loves.”

Superyacht Luna owned by Russian billionaire Farkad Akhmedov is docked at Port Rashid in Dubai, United Arab Emirates March 28, 2019. REUTERS/Christopher Pike
The superyacht Luna owned by means of Farkhad Akhmedov is considered price round £340m

Ms Akhmedova stated in a observation: “Lately’s judgment is the inevitable conclusion given Farkhad’s failure to act honourably within the first example.”

And her ex-husband Farkhad Akhmedov stated: “Fully predictably, given its unique improper and erroneous judgment, the London court docket has dominated in favour of visiting ‘the sins’ of the daddy on an blameless and constant son.”

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