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Judge rules 'dishonest' son of U.K. oligarch must pay $100 million to mom in divorce payout


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The son at the center of the U.K.’s largest divorce lost a London court ruling over his role in hiding assets from his mother with a judge calling him “a dishonest individual who will do anything to assist his father.”
Temur Akhmedov worked with his billionaire father, Farkhad Akhmedov, to do “all 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.
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EXECUTIVE CHANGES: Prudential names board of Jackson Financial


EXECUTIVE CHANGES: Prudential names board of Jackson Financial
Fri, 30th Apr 2021 16:16
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:
Prudential PLC - London-based insurer - Names board for US business Jackson Financial Inc, which become effective upon Jackson s demerger from Prudential. In addition to Non-Executive Chair Steven Kandarian and Chief Executive Officer Laura Prieskorn, who will be an executive director, Prudential named five additional independent directors. Gregory Durant is vice chair of accountants Deloitte LLP. Derek Kirkland is former managing director & co-head of the Global Financial Institutions Group at Morgan Stanley s Financial Institutions Group in Investment Banking. Martin Lippert is former head of global technology & operations at insurer MetLife Inc. Russell Noles is former chief operating officer of Nuveen, a subsidiary ....

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In UK's Largest Divorce Case, Temur Akhmedov Ordered To Pay $100 Million To Mom


Temur Akhmedov is son of billionaire Farkhad Akhmedov.
The son at the center of the U.K. s largest divorce lost a London court ruling over his role in hiding assets from his mother with a judge calling him a dishonest individual who will do anything to assist his father.
Temur Akhmedov worked with his billionaire father, Farkhad Akhmedov, to do all 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.
The trial attracted scrutiny after Temur revealed he d lost more than $50 million day trading while a college student. He d argued that far from hiding his father s money from his mother, he d instead lost some of it with bad trades. ....

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