A property entrepreneur involved in one of Britain’s biggest divorce cases was handed a six-month jail term on Wednesday for failing to provide details of his finances.
Scot Young, 51, whose estranged wife says he was worth £400 million in 2006, was found to be in contempt of court by judge Philip Moor at London’s High Court.
“All I want is justice,” said his wife Michelle Young, 48, with whom he has two daughters. The pair have been involved in a long legal battle.
Scot Young was ordered two years ago to pay her £27,500 a month, but says he is bankrupt and cannot pay.
Lawyers for Michelle Young argued in court that her husband had hidden “enormous assets” since their 2006 separation, and lived a life “consistent with considerable wealth”.
He has been described at previous hearings as a “property tycoon”, while media reports said he had acted as a “fixer” for billionaires including Russian oligarchs.
The financial claims are due to be argued further at a trial scheduled to begin later this year.
The High Court had ordered Young — who is representing himself in court — to provide specific financial details in November, but he indicated in written papers that delays were due to health problems, the judge said at an earlier hearing.
Property mogul jailed for six months in divorce case
