London: Temur Akhmedov, son of a billionaire had to cough up $100 billion (Rs 10 crore approximately) as payment to his mother during a divorce hearing for his parents. This is said to be one of the UK's "largest divorce" cases.
Temur lost a London court ruling for hiding his father's assets from his mother. One of the judges called him "a dishonest individual who will do anything to assist his father."
According to reports, Temur did everything he could to stop his mother from obtaining a 450 million-pound ($627 million) court-approved divorce payout, Judge Gwynneth Knowles said in a ruling Wednesday. The judge ruled Temur should pay his mother more than $100 million.
Read moreThe trial took a different turn and all eyes were on Temur after he revealed that he had lost over $50 million in day trading.
Temur's mother, Tatiana Akhmedova, wanted the keys to a luxury apartment overlooking London's Hyde Park to recover some of the cash.
Tatiana is also hoping to gain ownership of a 115-meter (377-foot) superyacht once owned by Roman Abramovich that is currently in Dubai, and a collection of modern art worth more than $140 million in a secure storage facility in Liechtenstein known as the "Treasure House."
Azerbaijan-born Farkhad had moved to Russia after the initial divorce order in 2016. But by getting an English ruling against Temur, a UK resident, it'll be easier for his mother to obtain his local assets.
Read moreAt the trial last year, Temur said his father made his own decisions. He said his mother's choice to draw him into the litigation has been "tremendously upsetting and in many ways quite frightening."
He said in a statement that while he disagreed with the ruling, "he would consider it a price worth paying for should it lead to a reasonable settlement between the parents he both loves."
