The reclusive billionaire owner of the Daily Telegraph could be sent to jail, after allegedly failing to pay his ex-wife £50m in one of the biggest divorce settlements in UK history.
Sir Frederick Barclay’s ex-wife has asked a judge to commit him to prison after claiming the businessman failed to make payments ordered by the high court.
Lady Hiroko Barclay said 87-year-old Sir Frederick is in contempt of court and accused him of breaching orders relating to the payment of money and production of documents.
Earlier this year Lady Barclay was awarded a settlement of £100m following the breakdown of their 34-year marriage. She now says Sir Frederick has failed to hand over the first half of the money and to produce relevant material. Lawyers representing Sir Frederick indicated he would mount a defence. » | Jim Waterson and agencies | Thursday, December 2, 2021
