Russian Tycoon Faces Legal Turmoil Amid Bitter Divorce Battle
Russian oil tycoon Mikhail Kroupeev received a suspended jail sentence in London for contempt of court, following non-compliance with legal orders in his multi-million-dollar divorce case. Accused of living a double life and subject to a freezing order on substantial assets, Kroupeev is embroiled in a complex legal battle with ex-wife Elena Kroupeeva.
- Country:
- United Kingdom
A Russian oil tycoon has been handed a suspended 28-day prison sentence in absentia by a London court for contempt, due to repeated non-compliance with court rulings in his multi-million-dollar divorce proceedings.
The judge criticized Mikhail Kroupeev, chairman of energy company Gulfsands, for being 'arrogant' and 'disrespectful' towards both his ex-wife, Elena Kroupeeva, and the court system. Kroupeev resides in Cyprus and did not appear in court as ordered.
The divorce case involves a significant freezing order on Kroupeev's assets, valued at £38 million. His ex-wife alleges the discovery of his double life after over two decades prompted their separation. The case is entangled with substantial assets and international business interests.
(With inputs from agencies.)
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