Showing posts with label divorce settlements. Show all posts
Showing posts with label divorce settlements. Show all posts

Tuesday, December 21, 2021

Ruler of Dubai Ordered to Pay Divorce Settlement That Could Exceed £500m

THE GUARDIAN: Payment to protect Princess Haya and children from threat sheikh poses to them is highest awarded by a UK court

Sheikh Mohammed bin Rashid al-Maktoum and Princess Haya attending Derby Day at Epsom Downs Racecourse in 2016. Photograph: David M Benett/Getty Images

The ruler of Dubai has been ordered to pay his ex-wife Princess Haya and their two children a divorce settlement which could reach over half a billion pounds – the highest ever awarded by a UK court – to protect them from the threat he poses to them.

In a written judgment, Mr Justice Moor said that “uniquely” the “main threat” to Haya and the children came from Sheikh Mohammed bin Rashid al-Maktoum, who is also prime minister of the United Arab Emirate, a close Gulf ally of Britain.

Haya fled to Britain in April 2019 with her two children. Since then, in a series of hearings concerned with custody, access and financial support, which have so far cost over £70m in legal fees, high court judges have found on the balance of probabilities that: » | Haroon Siddique, Legal affairs correspondent | Tuesday, December 21, 2021

Dubai ruler’s divorce settlement reveals ‘truly opulent’ standard of living: Couple spent £2m on strawberries in a summer and children had annual £10m allowances »