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Woman who spent $21 million at Harrods fights U.K. order to explain source of her wealth

October 10, 2018 3:15 PM
23 0

Hajiyeva’s husband, former International Bank of Azerbaijan chairman Jahangir Hajiyev, was sentenced to 15 years in jail in his home country in 2016 for fraud and embezzlement.

The case marks Britain’s first use of Unexplained Wealth Orders, introduced this year in a bid to curb London’s status as a haven for ill-gotten gains. The orders allow authorities to seize assets over 50,000 pounds ($66,000 U.S.) from people suspected of corruption or links to organized crime until the owners account for how they were acquired.

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Source: thestar.com

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