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