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Court Orders Dubai Prince To Pay $730m As Divorce Settlement - Family - Nairaland

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Court Orders Dubai Prince To Pay $730m As Divorce Settlement by chudez0147(m): 4:57pm On Dec 21, 2021
UK Court Orders Dubai Prime Minister To Pay $730m Divorce Settlement

The ruler of Dubai, Sheikh Mohammed bin Rashid Al-Maktoum was on Tuesday ordered to pay his former wife and children around £550 million ($730 million) in what is thought to be the highest divorce settlement set by an English court.

Sheikh Al-Maktoum was told he must pay Princess Haya Bint Al Hussein, a half-sister of Jordan's King Abdullah II, a lump sum of £251.5 million and provide a bank guarantee of £290 million to cover children's maintenance and security as adults.

Previously the largest settlement was approximately £450 million to Tatiana Akhmedova, the ex-wife of a Russian billionaire, in 2016.

Sheikh Al-Maktoum and Princess Haya married in 2004, his second official marriage. He divorced Princess Haya under Sharia law in 2019, without her knowledge, according to the court judgment.

DamnNigga
Isoright!!
Re: Court Orders Dubai Prince To Pay $730m As Divorce Settlement by Hathor5(f): 6:16pm On Dec 21, 2021
Why would an English court decide over the ruler of Dubai?

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Re: Court Orders Dubai Prince To Pay $730m As Divorce Settlement by chudez0147(m): 6:51pm On Dec 21, 2021
Hathor5:
Why would an English court decide over the ruler of Dubai?
I wish I know .
Let just wait and see how things unfolds

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