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This British tycoon is facing jail for failing to pay his ex-wife $94m

London | British businessman Frederick Barclay, who amassed a lucrative empire with his late twin brother, faces being sent to prison for failing to pay his former wife 50 million pounds ($94 million) as part of one of the UK court’s biggest divorces.

In May, a London court ordered Barclay, 87, to pay his ex-wife, Hiroko, 100 million pounds, with half the amount due within three months. Hiroko Barclay has made an application for the reclusive tycoon to be held in contempt of court, which could make him face a fine, asset freeze or even imprisonment.

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    Original URL: https://www.afr.com/world/europe/british-tycoon-faces-jail-for-failing-to-pay-ex-wife-94m-20211203-p59ekx