Dubai governor orders $ 734m daughter pay tribute in divorce case | Business and Economic Affairs

A London judge has ordered Sheikh Mohammed bin Rashid Al Maktoum to pay his estranged wife Princess Haya Bint Al Hussein.

A Dubai governor has been ordered to give his estranged wife and children at least $ 554 million ($ 734 million) in the largest financial award the UK’s family courts have ever seen.

A London judge has ordered Sheikh Mohammed bin Rashid Al Maktoum to pay Princess Haya Bint al-Hussein £ 251.5 million in three months to protect security and lost items such as jewelry and clothing. He should also pay around £ 11 million a year to pay for his children’s education, which will be protected by a 290 million bank guarantee, the judge ruled. The rest of the millions account for the old money and the education fund.

This will give Queen Haya a “break” time for the sheikh after his divorce, said Judge Philip Moor in a ruling published Tuesday. He asserted that his confession had been obtained through torture and that his confession had been obtained through torture.

All sheikh’s expenses for his family may be higher because of the security costs he pays each year to his children upon graduation.

The Sheikh said in his statement that he “always ensures that his children are cared for.” Princess Haya’s lawyers declined to comment on the verdict.

Family courts in London have become a popular venue for high-profile cases, with judges often being ready to order their share of property. Prior to Tuesday’s ruling, the judge’s highest bid for divorce was 450 million pounds for billionaire Farkhad Akhmedov’s wife – although the pair paid less than a third of the proceeds.

“Under Siege”

For the past two years, London courts have ruled in my favor in a number of cases and decisions involving the Dubai royal family.

Queen Haya said in the case she was “surrounded,” and that guarding the sheikh “would not be difficult and inconvenient,” according to the ruling. Just trying to make money for himself was a waste of his resources.

The case has also revealed a large sum of money for the kings of the Far East.

As part of the verdict, Judge Moor gave the couple more than $ 5 million a year to spend on vacation, including private flights. There are about 300,000 pounds a year to protect their horses and other pets as well as £ 39,000 to install two trampolines.

Queen Haya said in the case that her reliance on regular payments could pose an “increasing risk” to the family because “she will always be under the shadow of the case.” Judge Moor ruled that he could not be trusted with the money given to him.

He acknowledged that “the prosperous and unprecedented life of the Dubai parties” and that he had to “prove what is real and remember that the extraordinary wealth and extraordinary life of children during marriage. They do not understand this issue.”