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Home Divorce

Russian oligarch at centre of UK’s biggest divorce combat keeps his £350 million superyacht out of his ex-wife’s fingers after sharia judges Dubai overrule British court

Kate Walton by Kate Walton
August 24, 2022
in Divorce
0

A Russian oligarch embroiled in Britain’s most luxurious divorce struggle has won the proper to preserve his £350 million megayachts out of the palms of his former spouse. Farkhad Akhmedov has been given authority to sail away within the yacht Luna after it turned into impounded in Dubai as a part of a bitter divorce war with ex-Tatiana. The mom-of- had previously received a freezing order on his worldwide assets after the oil and gas magnate refused to pay her 1/2 his £1bn fortune following their cut up.

But these days, an appellate courtroom within the United Arab Emirates has dominated an in advance decision through a lower court in Dubai impounding the luxury vessel has been incorrect. Russian oligarch Farkhad Akmedov has won the proper to hold his £350m superyachts and forestall it being surpassed to his ex-wife as a part of their long-status bitter-fought divorce struggle. Senior enchantment judges ruled the divorce agreement awarded to Mrs. Akhmedov by way of a British court docket couldn’t be enforced in Dubai.

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Russian oligarch at centre of UK's biggest divorce combat keeps his £350 million superyacht out of his ex-wife’s fingers after sharia judges Dubai overrule British court 1After 12 months of being moored within the Arab country, Mr. Akhmedov is now free to retake it out to sea to a destination of his choice. A spokesman for the oligarch said: ‘Mr. Akhmedov is extremely joyful; however, no longer surprised by these days’ court docket selection in favor of the Akhmedov’s own family agree.

‘Luna is one of the belongings of a family accept as true with which turned into an installation for the advantage of all his circle of relatives and dependants, and he’s confident that no court docket anywhere in the world will recommend Tatiana’s illegal tries to take it far away from them.’ The terrific yacht – one of the world’s most pricey vessels – has been in the center of an epic and high-priced divorce war for over three years. His ex-wife Tatiana had efficaciously received a freezing order on his global belongings after Akhmedov refused to pay her half his £1bn fortune.

Akhmedov’s ex-spouse Tatiana (above), had successfully won a freezing order on his global assets after he refused to pay her half of his £1bn fortune. She planned to promote the yacht and maintain the proceeds – with her ex vowing to promote it for scrap rather than relinquish manage. She deliberate to promote the yacht and preserve the proceeds – together with her ex vowing to sell it for scrap instead of relinquishing manipulate.

Mr. Akhmedov, 62, has refused a ruling through a British court docket that he has to pay his ex £453million, half of his fortune, claiming he and his spouse have been already divorced after they lived in Moscow. Officials in Moscow have stated they cannot locate any report of the split in 2002. However, Akhmedov insists he and his spouse had not been married while she filed for divorce in 2014.

The businessman, who made his fortune in gas and oil, has been unable to apply the yacht after it became impounded while it sailed in Dubai for maintenance. As one of the international’s fantastic yachts, Luna boasts a 20-meter doors swimming pool, a helicopter touchdown pad, and a mini-submarine. It changed into offered using Akhmedov from his pal Chelsea owner Roman Abramovich in 2014.

Kate Walton

Kate Walton

I am a lawyer. I love to write blogs on my free time. I like to write about all things related to the law. I have always been a writer and have been writing ever since I was in grade school. I believe that learning should be fun, engaging, and interactive. My articles are written for a general audience and contain basic legal information for those who need a quick reference or refresher.

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