Friday, May 3, 2024
spot_img

Dubai ruler must pay ex-wife $700M in divorce settlement

The High Court said Sheikh Mohammed bin Rashid Al Maktoum must pay 251.5 million pounds to his sixth wife, Princess Haya Bint Al Hussein, and make ongoing payments for their children Al Jalila, 14, and Zayed, 9, underpinned by a bank guarantee of 290 million pounds.

A British court on Tuesday, December 22, ordered the ruler of Dubai to pay his ex-wife and their children close to 550 million pounds ($730 million), one of the most expensive divorce settlements in British history, a report in the Indian Express says,.

The High Court said Sheikh Mohammed must pay 251.5 million pounds to his sixth wife, Princess Haya Bint Al Hussein, and make ongoing payments for their children Al Jalila, 14, and Zayed, 9, underpinned by a bank guarantee of 290 million pounds.

The total amount the children receive could be more or less than 290 million pounds, depending on factors including how long they live and whether they reconcile with their father. 

The settlement also includes 11 million pounds a year to cover security costs for Princess Haya and the children.  

Judge Philip Moor said the family needed “water-tight security and the main threat to them came from Sheikh Mohammed himself, rather than outside sources.

Haya, 47, fled to the U.K. in 2019 and sought custody of her two children through the British courts. 

 

Daughter of the late King Hussein of Jordan, the princess said she was “terrified” of her husband, who is alleged to have ordered the forced return of two of his daughters to the Gulf emirate.

The Sheikh, 72, is also the vice president and prime minister of the United Arab Emirates and a major horse breeder. He is on friendly terms with Queen Elizabeth II.

An Oxford University graduate, Heya is also a keen equestrian and competed in show jumping for Jordan at the 2000 Sydney Olympics.

A separate British family court judge had ruled in October that Sheikh Mohammed had authorised the hacking of Princess Haya’s phone during their legal battle.

Judge Andrew McFarlane said the sheikh gave his “express or implied authority” to hack the phones of the princess and her attorneys using Pegasus spyware produced by NSO Group of Israel, the court said. The software is licensed exclusively to nation states for use by their security services.

McFarlane earlier ruled that Sheikh Mohammed had conducted a campaign of fear and intimidation against his estranged wife and “had ordered and orchestrated” the abduction and forced return to Dubai of two of his adult daughters: Sheikha Shamsa in August 2000 and her sister Sheikha Latifa, in 2002 and again in 2018.

Tuesday’s settlement includes a holiday budget of 5.1 million pounds, an annual sum of just over 450,000 pounds for the children’s staff and around 275,000 pounds for their animals, including two ponies and a horse.

************************************************************************

Readers

These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.

Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world.  We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.

Please help us to keep our journalism independent and free.

In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.

For more information: pravasisamwad00@gmail.com

David Solomon
David Solomon
(For over four decades, David Solomon’s insightful stories about people, places, animals –in fact almost anything and everything in India and abroad – as a journalist and traveler, continue to engross, thrill, and delight people like sparkling wine. Photography is his passion.)

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

EDITOR'S CHOICE

Register Here to Nominate