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High Court Rules Russian Tycoon in Contempt in High-Value Divorce

He faces up to two years in prison after repeatedly flouting orders to disclose assets and pay his wife’s legal fees

Overview

  • Judge Richard Harrison found Mikhail Kroupeev in contempt for deliberately breaching financial disclosure and payment orders and adjourned sentencing until next Wednesday
  • Elena Kroupeeva says she ended their 36-year marriage in late 2023 after discovering her husband had maintained a secret second family in Russia for two decades
  • Kroupeev now owes more than £837,000 in unpaid legal fees and maintenance, having ignored a February order to pay £195,789 and subsequent court directives
  • A freezing order covers £38 million of his assets, which span energy interests in Gulfsands, Jupiter Energy and Waterford Finance as well as luxury homes in London, Russia, Portugal and Turkey
  • Attending by videolink from Cyprus, Kroupeev denies the secret-family claims and says his failure to comply stems from complications caused by the asset freeze