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==Early life and education==
==Early life and education==
Akhmedov was born in Baku, Azerbaijan Soviet Socialist Republic. He comes from an ancient family with roots in the Western (Zangezur) region of historical Azerbaijan. He spent his childhood in the city of Goychay located in the central region of Azerbaijan, where his father worked. He graduated from high school there in 1971.
Akhmedov was born in [[Baku]], Azerbaijan Soviet Socialist Republic. He comes from an ancient family with roots in the Western (Zangezur) region of historical Azerbaijan. He spent his childhood in the city of [[Goychay (city)|Goychay]] located in the central region of Azerbaijan, where his father worked. He graduated from high school there in 1971.


His father, Teymur Faraj oglu Akhmedov, held senior management positions for many years. The last position was the Director of the Goychay Cannery Factory, which had been constructed under his supervision. In 1969 he became its first director. Teymur Akhmedov was arrested in 1971 on trumped-up charges of misappropriation of socialist property, convicted and sentenced to death by shooting. He was executed in 1973 and the burial place discovered in 2012).
His father, Teymur Faraj oglu Akhmedov, held senior management positions for many years. The last position was the Director of the Goychay Cannery Factory, which had been constructed under his supervision. In 1969 he became its first director. Teymur Akhmedov was arrested in 1971 on trumped-up charges of misappropriation of socialist property, convicted and sentenced to death by shooting. He was executed in 1973 and the burial place discovered in 2012).
Line 22: Line 22:
The arrest and execution of his father led to de facto isolation of all members of his family and the restriction of their civil rights. For this reason, Akhmedov left Azerbaijan in 1971, at the age of fifteen, and moved to Moscow. He arrived in the Russian capital with just 48 roubles in his pocket and a minimal knowledge in the Russian language. In Moscow he entered Vocational Technical School No. 85 (assembling fitter) before being called up for military service, serving from 1975 to 1977 in the Navy as a senior sergeant and platoon commander.
The arrest and execution of his father led to de facto isolation of all members of his family and the restriction of their civil rights. For this reason, Akhmedov left Azerbaijan in 1971, at the age of fifteen, and moved to Moscow. He arrived in the Russian capital with just 48 roubles in his pocket and a minimal knowledge in the Russian language. In Moscow he entered Vocational Technical School No. 85 (assembling fitter) before being called up for military service, serving from 1975 to 1977 in the Navy as a senior sergeant and platoon commander.


At the end of his service, on the recommendations of his naval commanders, he submitted an application for admission to the Moscow State Institute of International Relations (MGIMO) but was turned down  because of his father's conviction.
At the end of his service, on the recommendations of his naval commanders, he submitted an application for admission to the [[Moscow State Institute of International Relations]] (MGIMO) but was turned down  because of his father's conviction.


In 1978, Akhmedov entered the Moscow Veterinary Academy named after K.I. Skryabin, graduating on an extra-mural basis in 1983 with a degree in Technology and Merchandising Process of Fur Products.
In 1978, Akhmedov entered the Moscow Veterinary Academy named after K.I. Skryabin, graduating on an extra-mural basis in 1983 with a degree in Technology and Merchandising Process of Fur Products.


==Business==
==Business career==
From 1986 to 1994, Akhmedov lived in London, initially engaging in the sale of furs in international markets. Later he founded and headed the Tansley Trading company specialising in the supply of equipment for the oil and gas industry of the USSR and also traded in oil and oil products.<ref>{{Cite web|title=Farkhad Akhmedov|url=https://www.forbes.com/profile/farkhad-akhmedov/|access-date=2021-12-01|website=Forbes|language=en}}</ref>
===Northgas===
In 2005, threatened with the loss of his license to produce gas by the Russian state, Akhmedov agreed to give [[Gazprom]] 51% of his shares, in return for not pursuing any claims against Akhmedov.<ref>[http://www.themoscowtimes.com/business/article/gazprom-wrests-back-control-over-northgas/222602.html Gazprom Wrests Back Control Over Northgas | Business]. The Moscow Times (14 June 2005). Retrieved on 4 May 2016.</ref><ref>{{cite web|url=http://www.gazprom.com/press/news/2005/june/article63166/|title=Gazprom and Nortgaz's shareholders seal Agreement on Cooperation and Conveyance of Nortgaz's 51% stake to Gazprom Group|website=www.gazprom.com|accessdate=28 September 2018}}</ref>


At the turn of 1990s, he took part in international negotiations on the development of deep-water oil and gas fields in the Caspian Sea basin. Using previously established contacts, he helped to attract American oil companies, Amoco Eurasia Petroleum Corporation and [[McDermott International]] to the project. He also made a significant contribution to the subsequent implementation of the so-called "''Contract of the Century''" - an agreement signed in Baku on 20 September 1994 between the newly independent Azerbaijan and an international consortium of oil companies on the development of Caspian energy resources. It laid the foundation for the current level of development and prosperity of Azerbaijan.
In 2012, Akhmedov threatened to claim against Gazprom in the London Court of International Arbitrage for failing to abide by the 2005 settlement agreement signed by Akhmedov and the then-CEO of Gazprom, now Prime Minister of Russia [[Dmitry Medvedev]],<ref>{{cite news|url=https://www.wsj.com/articles/SB120416183086198405|title=Medvedev Reveals Little, Save Loyalty|first1=Gregory L.|last1=White|first2=Alan|last2=Cullison|newspaper=The Wall Street Journal|date=28 February 2008|accessdate=28 September 2018|via=www.wsj.com}}</ref> by increasing tariffs on gas production and reducing the quotas which Northgas was permitted to produced.<ref>[http://rapsinews.com/judicial_news/20120613/263404404.html Gazprom suspected of violating shareholders' agreement | Russian Legal Information Agency (RAPSI)] {{webarchive|url=https://web.archive.org/web/20151210203031/http://rapsinews.com/judicial_news/20120613/263404404.html |date=10 December 2015 }}. Rapsinews.com (13 June 2012). Retrieved on 4 May 2016.</ref>


According to Akhmedov's memoirs, these negotiations, which began before the collapse of the [[Soviet Union|USSR]], presented political, organisational and technical challenges. The team which helped bring them to a successful conclusion included Natik Aliyev and Khoshbakht Yusifzade who later became Heads of the [[SOCAR|State Oil Company of Azerbaijan]].<ref>{{Cite web|title=«Российская газета»: «Аналитики не верили в стратегию Гейдара Алиева, но жизнь подтвердила обратное» - Кремлевский официоз о значимости «Контракта века»|url=https://haqqin.az/news/158906|access-date=2021-12-01|website=haqqin.az}}</ref>
Akhmedov sold his 49% remaining stake to Novatek in 2012.<ref>{{Cite web|url=https://www.forbes.com/pictures/hekk45ii/farkhad-akhmedov-14/#57216f29221a|title=Farkhad Akhmedov – $1.4 billion – pg.72|last=Munson|first=Lee|website=Forbes|language=en|access-date=10 May 2018}}</ref><ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2018-01-31/russian-billionaire-s-ex-wife-fighting-for-missing-642-million|title=Russian Billionaire's Ex-Wife Fights for $642 Million Order|work=Bloomberg.com|access-date=10 May 2018|language=en}}</ref>

Since 1995, Akhmedov has concentrated on business in Russia. He took a minority stake in [[Northgas]], a company which developed gas fields in Northern Siberia. Simultaneously he headed the Board of Directors of the FARCO Securities investment company (1995 - 1998) and entered the Board of Directors of Northgas Closed Joint Stock Company (1994-2001).

He headed the Board of Directors of Northgas, CJSC in 2002.  Under his leadership the company moved into long term profitability.<ref>{{Cite web|title=Михаил Алексеев: «Мутное» настоящее в поисках «тёмного прошлого»|url=https://polit.ru/article/2019/12/26/az/|access-date=2021-12-01|website=polit.ru}}</ref> In 2005, under pressure from the Russian gas monopolist [[Gazprom]], he ceded 51% of Northgas shares to it.<ref>{{Cite web|title=Gazprom and Nortgaz's shareholders seal Agreement on Cooperation and Conveyance of Nortgaz's 51% stake to Gazprom Group|url=https://www.gazprom.com/press/news/2005/june/article63166/|access-date=2021-12-01|website=www.gazprom.com|language=en}}</ref>

In 2012,  Akhmedov sold his 49% stake in Northgas to [[Novatek]] for $1.375 billion, changing his status as an oil and gas trader to a private investor.<ref>{{Cite web|title=Farkhad Akhmedov - $1.4 billion|url=https://www.forbes.com/pictures/hekk45ii/farkhad-akhmedov-14/|access-date=2021-12-01|website=Forbes|language=en}}</ref>

Alongside his entrepreneurial activity, he completed an extramural post-graduate programme at the Russian State University of Oil and Gas named after I. M. Gubkin and submitted his dissertation for the degree of Candidate of Economic Sciences. He was elected a Corresponding Member of the International Academy of Technological Sciences.


==Politics==
==Politics==

Revision as of 11:26, 1 December 2021

Farkhad Akhmedov
File:Fərhad Əhmədov.jpg
Farkhad Akhmedov
Born (1954-09-15) 15 September 1954 (age 70)
Baku, Azerbaijan SSR, Soviet Union
CitizenshipRussian, Azerbaijani
OccupationBusinessman

Farkhad Teimurovich Akhmedov (Azerbaijani: Fərhad Teymur oğlu Əhmədov, English: Farkhad Akhmedov; born 15 September 1955) is a Russian businessman and politician of Azerbaijani origin, a patron of arts and philanthropist.

Early life and education

Akhmedov was born in Baku, Azerbaijan Soviet Socialist Republic. He comes from an ancient family with roots in the Western (Zangezur) region of historical Azerbaijan. He spent his childhood in the city of Goychay located in the central region of Azerbaijan, where his father worked. He graduated from high school there in 1971.

His father, Teymur Faraj oglu Akhmedov, held senior management positions for many years. The last position was the Director of the Goychay Cannery Factory, which had been constructed under his supervision. In 1969 he became its first director. Teymur Akhmedov was arrested in 1971 on trumped-up charges of misappropriation of socialist property, convicted and sentenced to death by shooting. He was executed in 1973 and the burial place discovered in 2012).

The arrest and execution of his father led to de facto isolation of all members of his family and the restriction of their civil rights. For this reason, Akhmedov left Azerbaijan in 1971, at the age of fifteen, and moved to Moscow. He arrived in the Russian capital with just 48 roubles in his pocket and a minimal knowledge in the Russian language. In Moscow he entered Vocational Technical School No. 85 (assembling fitter) before being called up for military service, serving from 1975 to 1977 in the Navy as a senior sergeant and platoon commander.

At the end of his service, on the recommendations of his naval commanders, he submitted an application for admission to the Moscow State Institute of International Relations (MGIMO) but was turned down  because of his father's conviction.

In 1978, Akhmedov entered the Moscow Veterinary Academy named after K.I. Skryabin, graduating on an extra-mural basis in 1983 with a degree in Technology and Merchandising Process of Fur Products.

Business career

From 1986 to 1994, Akhmedov lived in London, initially engaging in the sale of furs in international markets. Later he founded and headed the Tansley Trading company specialising in the supply of equipment for the oil and gas industry of the USSR and also traded in oil and oil products.[2]

At the turn of 1990s, he took part in international negotiations on the development of deep-water oil and gas fields in the Caspian Sea basin. Using previously established contacts, he helped to attract American oil companies, Amoco Eurasia Petroleum Corporation and McDermott International to the project. He also made a significant contribution to the subsequent implementation of the so-called "Contract of the Century" - an agreement signed in Baku on 20 September 1994 between the newly independent Azerbaijan and an international consortium of oil companies on the development of Caspian energy resources. It laid the foundation for the current level of development and prosperity of Azerbaijan.

According to Akhmedov's memoirs, these negotiations, which began before the collapse of the USSR, presented political, organisational and technical challenges. The team which helped bring them to a successful conclusion included Natik Aliyev and Khoshbakht Yusifzade who later became Heads of the State Oil Company of Azerbaijan.[3]

Since 1995, Akhmedov has concentrated on business in Russia. He took a minority stake in Northgas, a company which developed gas fields in Northern Siberia. Simultaneously he headed the Board of Directors of the FARCO Securities investment company (1995 - 1998) and entered the Board of Directors of Northgas Closed Joint Stock Company (1994-2001).

He headed the Board of Directors of Northgas, CJSC in 2002.  Under his leadership the company moved into long term profitability.[4] In 2005, under pressure from the Russian gas monopolist Gazprom, he ceded 51% of Northgas shares to it.[5]

In 2012,  Akhmedov sold his 49% stake in Northgas to Novatek for $1.375 billion, changing his status as an oil and gas trader to a private investor.[6]

Alongside his entrepreneurial activity, he completed an extramural post-graduate programme at the Russian State University of Oil and Gas named after I. M. Gubkin and submitted his dissertation for the degree of Candidate of Economic Sciences. He was elected a Corresponding Member of the International Academy of Technological Sciences.

Politics

Russia

Akhmedov was Chairman of the Committee on Legal and Judicial Affairs in the Russian Federation Council from 2004 to 2009. He helped push through several laws regarding child protection, animal rights, and also in favor of decreasing bureaucracy within the state and increasing transparency for Russian officials.[7]

In 2016, Akhmedov was credited by Mevlüt Çavuşoğlu – the Minister of Foreign Affairs (Turkey) for helping to improve relations between Russia and Turkey. Notably, Mevlüt Çavuşoğlu stated that I also have a friend Farkhad Ahmedov, a former Russian senator, whom I know since my work in PACE. Farkhad grew up in Russia, grew stronger in economic terms and even was a senator. Then he returned to Azerbaijan. He very much loves Azerbaijan, Turkey and Russia. He was also in close contact with Putin and knows him well. Farkhad Akhmedov offered our president to write a letter to Vladimir Putin. He said that a letter will be more effective than numerous meetings of Turkish and Russian delegations. If we look at the contents of the letter, we will see that it reflects what Farkhad Akhmedov said. Proposals by Farkhad Akhmedov as a man, who knew Putin as a close friend, were very valuable.[8]

Akhmedov is on the list of Russian "oligarchs" named in the CAATSA unclassified report to the U.S. Congress.[9]

Azerbaijan

Akhmedov was a monitor from the Parliamentary Assembly of the Council of Europe in the 2010 Azerbaijani parliamentary election. Some say that Akhmedov's role was biased because he was born in Azerbaijan. However, Akhmedov did produce recommendations on future elections and the public noted that Ilham Aliyev's father, Heydar Aliyev ordered the execution of Akhmedov's father, Teymur. This could have made Akhmedov's position biased against the current president at that time, hence the Parliamentary Assembly of the Council of Europe continued allowing Akhmedov to be a monitor and even allowed him to have the final decision in whether to accept and recognize the elections, which Aliyev won. Many political analysts see this as being the most important decision, which was in Akhmedov's hands, in deciding whether to allow the Aliyev legacy to continue.[10]

Divorce proceedings

In 2003, Akhmedov's wife, Tatiana Akhmedova, to whom he was married since 1993, filed for a divorce in the UK, where she resided with their two children. During the proceedings, Farkhad Akhmedov claimed the marriage had already been dissolved due to her disloyalty in 2000 by a Russian decree granted in the Moscow Court. However, no official records of the proceedings have been found by Russian lawyers or the UK court. As a result, the UK court determined that "The inference to be drawn [...]is that the 2000 Moscow divorce documents [...] were, at all material times, forged.[11][12][13] Akhmedov applied to the Moscow court in July 2018 to reinstate the alleged divorce, but his application was dismissed there too.[14] He went on to apply to a higher Moscow court, attempting once more to prove the marriage was dissolved 16 years ago. But in mid-October 2018 his claims were dismissed again as the court decided to uphold the lower court's ruling that Akhmedov failed to submit credible evidence of an earlier divorce.[15]

In 2008, the divorce petition filed in 2003 was dismissed after an official reconciliation.[16] Farkhad Akhmedov maintained that the relationship from this point on was not a real marriage, that he visited the UK only to see his two children, however, the court determined that the marriage was real based on photos taken of the children with their mother and father.[17] The couple finally divorced in the UK in 2015 after Tatiana petitioned for a divorce in 2013.[18] In December 2016, the UK High Court awarded Tatyana £453 million, a 41.5% share of the Akhmedovs' marital assets[19] and one of the largest divorce payouts in UK history. Despite Mr. Akhmedov's claims of "special contribution", the judge did not depart from the equality principle, and ruled that due to both parties' equal contribution to the marriage, the assets obtained during the marriage are to be split equally.[20] Akhmedov referred to this judgement as "toilet paper" and has not paid his ex-wife the judgement awarded to date.[21][22] Due to Akhmedov's lack of cooperation, the court placed a world-wide freezing order on all his assets.[23] In addition, in October 2017, Akhmedov's yacht "LUNA" was impounded in Dubai[24] by UK court order, in collaboration with the UK and the Dubai International Financial Centre (DIFC) court in Dubai.[25][26] In mid-April 2018, the UK Court ruled that ownership of the yacht is to be transferred to Tatiana.[27]

On 6 May 2018, it emerged that Akhmedov's ex-wife hired Burford Capital, a finance litigation company quoted on the London Stock Exchange, to help her fund her legal actions[28]

On 9 May 2018, Akhmedov secured a favorable ruling in Dubai's commercial court in the legal battle over Luna. The DIFC court ruled that the freezing order on the Luna, which was obtained against Straight Establishment in February 2018, would remain in place but also ruled that the lower court had no jurisdiction over the Trust.[29]

In July 2018, it was reported that the case had been removed from the DIFC courts by Dubai's Joint Judicial Commission (JJC). It ruled the case must be heard by the local sharia courts on the grounds that it is a matrimonial dispute not a commercial or maritime matter. The case is expected to begin in October 2018.[30]

Akhmedov maintains that the UK divorce was politically motivated and continues to dispute the ruling in Tatiana's favour. On 2 August 2018, Mr. Justice Haddon-Cave ruled that Mr. Akhmedov was in contempt of court and warned that he faced a possible jail term if he entered UK.[31]

On 12 August, Dubai's civil courts considered an application made jointly by Akhmedov and the family trust which owns Luna to have the freezing order placed on the yacht lifted.[32] This appeal was rejected by the Dubai courts and Mr Akhmedov was forced to pay Ms Akhmedova's costs.[33] It was also reported in August that the British embassy had intervened to ensure members of the 50-strong crew of Luna had their UK passports returned to them after they were confiscated by the UAE authorities.[34]

In August 2018, A Dubai court has rejected an appeal filed by Farkhad Akhmedov to lift a freezing order on Luna[35]

In October 2018, it was reported that Akhmedov had earlier made two multi-million pound settlement offers to Tatiana without prejudice – in 2014 and 2015 – in an attempt to ensure current and future generations benefit from the family's financial legacy. Both offers were rejected.[36]

In a landmark ruling in November 2018, the court of first instance at the Dubai civil courts dismissed Tatiana Akhmedova's case against Akhmedov and the Akhmedov family trust and ordered her pay to legal and administration costs. The Dubai and UK media reported the ruling as a major blow for Tatiana and her backers Burford Capital.[37] The court ruled that the freezing order granted by the English High Court, under whose terms Luna was impounded, could not be enforced. Tatiana is believed to be considering an appeal.[38]

In March 2019, the Dubai court of appeal ruled that the Dubai lower courts' order to impound the yacht was wrong. The ruling was widely reported as a major blow to Tatiana Akhmedova and her backers, Burford Capital, and there was speculation that Luna could leave the port where she had been docked for over a year.[39] That was followed in April 2019 by a claim submitted in the Dubai courts for damages totalling $85m issued by Straight Trust, the Akhmedov family trust that owns Luna, against Akhmedova and Burford. Amongst other things, the claim stated that the wrongful arrest of Luna had resulted in damages to the vessel.[40] The UK media noted that Neil Woodford, one of the City's most renowned fund managers, is an investor in Burford through his fund Woodford Equity Income. A second $115m claim for damages was filed against Burford by Farkhad Akhmedov, taking the total damages faced by the company over the wrongful arrest of Luna to $200m. On the 1st October 2020, the Dubai Court of Cassation dismissed the damages claim in its entirety [41]

In October 2019, an independent expert appointed by the Dubai courts to assess the amount of damages incurred as a result of Luna's wrongful arrest filed his report. It found that Farkhad Akhmedov will be owed nearly £50m in lost rental income – covering the period when Luna was under arrest – if the damages claim is decided in his favour.[42]

A January 2020 High Court hearing in London considered an application from Tatiana Akhmedov and her financial backers Burford Capital to join the couple's son Temur, a commodities trader, to the legal claim against his father. Akhmedov demanded details of Tatiana's financial arrangement with Burford, arguing it is unlawful.[43] Ultimately, the High Court ruled that the financing arrangement was lawful and denied the application for disclosure.[44]

In an earlier High Court judgment,[45] Mrs Justice Knowles ruled that documents in the possession of a former Akhmedov adviser were admissible as evidence despite the existence of the confidentiality agreement former close financial adviser to Farkhad Akhmedov were admissible as evidence. This was despite the existence of the confidentiality agreement between the adviser, former Goldman’s and UBS banker Ross Henderson, and his former employer.

In August 2020, Dubai’s most senior judges, sitting in the emirate’s Court of Cassation, made  their final ruling that Tatiana and Burford had no right to seize the Luna which they ordered  should remain the property of an Akhmedov family trust. [46]

Despite this ruling, Tatiana and Burford pursued multi-jurisdictional litigation in at least six countries, including the USA, Russia, Liechtenstein and the Marshall Islands against Farkhad who continued to defend assets belonging to family trusts and to himself.

By the end of the 2020, four years after the English High Court award, Tatiana and Burford had recovered only one per cent of that settlement in the form of a decommissioned helicopter. The costs of the litigation were estimated to have exceeded £40 million.[47]

Litigation following the 2016 High Court Award continued into a fifth year into mid-2021 before Tatiana accepted a settlement of £100 million cash and a number of artworks from Farkhad.  The cash amount was identical to the amount offered by Farkhad in 2014 before the English court hearings began. Burford announced to the City that it had received “its full cash entitlement” of £75 million from Tatiana’s settlement.[48]

Art

Akhmedov has paid for exhibitions of major Azerbaijani artists throughout the world, mainly in London and Paris. He is known in Azerbaijan to have the largest private collection of Azerbaijani art, which is displayed in his museum Nar Gallery[49] in the Old City of Baku and is open to the public. He is a close friend of Farhad Khalilov, chairman of the Union of Artists of Azerbaijan, and has organised exhibitions of his works in Europe several times. Most notably, in March 2015 at the Saatchi Gallery.[50]

In 2015, Akhmedov emerged publicly as a major buyer in the art auction market. He purchased Mark Rothko's Untitled Yellow and Blue for US$46.5 million.[51]

Religion

Some reports have claimed that Akhmedov is a practicing Muslim, however according to his ex-wife, he did not comply with any Muslim rituals or traditions throughout their 20 years of marriage. The conflicting information is related to an ongoing divorce dispute between the two. Legal experts believe that the reason behind Akhmedov's religious claims was his intent to take the dispute to Sharia court where he believed he had better chances of a favorable judgement.[52]

Akhmedov denied this in an interview with the Russian media in which he spoke about his Muslim faith and made it clear his former wife was well aware of his Muslim heritage.[53]

References

  1. ^ "Forbes profile: Farkhad Akhmedov". Forbes. Retrieved 28 September 2018.
  2. ^ "Farkhad Akhmedov". Forbes. Retrieved 1 December 2021.
  3. ^ "«Российская газета»: «Аналитики не верили в стратегию Гейдара Алиева, но жизнь подтвердила обратное» - Кремлевский официоз о значимости «Контракта века»". haqqin.az. Retrieved 1 December 2021.
  4. ^ "Михаил Алексеев: «Мутное» настоящее в поисках «тёмного прошлого»". polit.ru. Retrieved 1 December 2021.
  5. ^ "Gazprom and Nortgaz's shareholders seal Agreement on Cooperation and Conveyance of Nortgaz's 51% stake to Gazprom Group". www.gazprom.com. Retrieved 1 December 2021.
  6. ^ "Farkhad Akhmedov - $1.4 billion". Forbes. Retrieved 1 December 2021.
  7. ^ Brown, Heidi. "Russia: The World's Richest Government". forbes.com. Retrieved 28 September 2018.
  8. ^ "Turkish FM: 'My friends Kamaladdin Heydarov and Farhad Ahmedov reconciled us with Russia'". azeridaily.com. Retrieved 28 September 2018.
  9. ^ "Report to Congress Pursuant to Section 241 of the Countering America's Adversaries Through Sanctions Act of 2017 Regarding Senior Foreign Political Figures and Oligarchs in the Russian Federation and Russian Parastatal Entities" (PDF). 29 January 2018.
  10. ^ "PACE Member File". www.assembly.coe.int. Retrieved 28 September 2018.
  11. ^ "Courts and Tribunals Judiciary, AAZ -v-BBZ (clause 40)" (PDF). judiciary.gov.uk. Retrieved 28 September 2018.
  12. ^ Courts and Tribunals Judiciary, Akhmedov -v- Akhmedova (clause 2 proves Akhmedov & Akhmedova are AAZ & BBZ)
  13. ^ Legal Correspondent, Jonathan Ames (11 August 2018). "Dubai hears divorce feud over yacht". The Times. ISSN 0140-0460. Retrieved 13 August 2018. {{cite news}}: |last= has generic name (help)
  14. ^ "Dubai hears divorce feud over $500 million yacht". ArabianBusiness.com. Retrieved 26 August 2018.
  15. ^ "Oligarch a Step Closer to Losing $585 Million Divorce Battle". Bloomberg.com. 19 October 2018. Retrieved 31 October 2018.{{cite news}}: CS1 maint: url-status (link)
  16. ^ Courts and Tribunals Judiciary, AAZ -v- BBZ (clause 41)
  17. ^ Courts and Tribunals Judiciary, AAZ -v- BBZ (clause 50)
  18. ^ "Courts and Tribunals Judiciary, AAZ -v- BBZ (clause 3)" (PDF).
  19. ^ Courts and Tribunals Judiciary, Akhmedov -v- Akhmedova (Clause 2)
  20. ^ "AAZ v BBZ and Others [2016] EWHC 3234 (Fam)". Retrieved 7 May 2018.
  21. ^ "Russian Billionaire has given wife 'virtually nothing' of record £453m divorce settlement, court hears". The Telegraph. 31 January 2018. Retrieved 28 November 2020.
  22. ^ "Billionaire Akhmedov refuses to pay his ex wife $600m". en.crimerussia.com.
  23. ^ "Russian billionaire's assets frozen after failing to pay £453,000,000 divorce bill". Metro. 27 February 2018. Retrieved 10 May 2018.
  24. ^ "Vessel details for: LUNA (Yacht) – IMO 1010222, MMSI 538071095, Call Sign V7NV8 Registered in Marshall Is | AIS Marine Traffic". MarineTraffic.com. Retrieved 7 May 2018.
  25. ^ Group, The Superyacht. "115m M/Y 'Luna' seized in Dubai – SuperyachtNews". Superyacht News. Retrieved 7 May 2018. {{cite web}}: |last= has generic name (help)
  26. ^ Courts and Tribunals Judiciary, Akhmedov -v- Akhmedova (Clause 17.3)
  27. ^ "Courts and Tribunals Judiciary, Akhmedov -v- Akhmedova" (PDF). judiciary.gov.uk. Retrieved 28 September 2018.
  28. ^ Harrington, Ben (6 May 2018). "Burford Capital helping Tatiana Akhmedova to recover £453m from her oligarch ex-husband". Retrieved 28 September 2018 – via www.thetimes.co.uk.
  29. ^ "Russian billionaire still clings to $492 million yacht at centre of record divorce, as Dubai court rules it should not have been seized". nationalpost.com. 10 May 2018. Retrieved 28 September 2018.
  30. ^ "Dubai Shariah court to decide fate of $460m super-yacht Luna". arabnews.com. 25 July 2018. Retrieved 28 September 2018.
  31. ^ "Billionaire Russian ruled in contempt over divorce payment". The Times. 3 August 2018. ISSN 0140-0460. Retrieved 13 August 2018.
  32. ^ "Dispute over $500m superyacht at centre of UK's costliest divorce heard at Dubai court". The National. Retrieved 26 August 2018.
  33. ^ "Dubai court rejects appeal over $500m superyacht". ArabianBusiness.com. Retrieved 20 September 2018.
  34. ^ Group, The Superyacht (6 August 2018). "Passports returned to superyacht crew caught up in divorce dispute – SuperyachtNews". Superyacht News. Retrieved 26 August 2018. {{cite web}}: |last= has generic name (help)
  35. ^ Nammour, Marie. "Dh1.67b yacht at centre of UK divorce battle to remain in Dubai". Khaleej Times. Retrieved 8 October 2018.
  36. ^ "The billionaire and the bullet-proof yacht: How Britain's biggest divorce settlement is charting new legal waters". inews.co.uk. 5 October 2018. Retrieved 14 November 2018.
  37. ^ "Sharia judges back oligarch in battle with ex-wife over yacht". 9 November 2018. Retrieved 15 February 2019 – via www.thetimes.co.uk.
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