Feb
21
Africa’s ‘Youngest Billionaire’ Loses Asset Ruling in Divorce
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Judge rules Ashish Thakkar, not family, owns disputed assets
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London judge says that Thakkar’s claims are a ‘blatant lie’
Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara Ltd. with ex-Barclays Plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness.
Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities…
Africa’s ‘Youngest Billionaire’ Loses Asset Ruling in Divorce
