Sir Frederick Barclay faces court over cash tussle with ex-wife

A judge is due to decide what penalty the businessman should pay for contempt of court.
Sir Frederick Barclay and Lady Hiroko (Dominic Lipinski/Kirsty O’Connor/PA)
Jess Glass11 August 2022

Businessman Sir Frederick Barclay is expected to find out if he will be penalised for contempt of court after failing to give nearly £250,000 to his ex-wife.

Lady Hiroko Barclay had previously asked for 87-year-old Sir Frederick to be sent to a prison after claiming he had breached court orders to pay her more than £100 million following the breakdown of their 34-year marriage.

She said he had not paid the first of two £50 million lump sums and owed £185,000 to cover the cost of her legal bills and £60,000 in maintenance.

Lady Barclay argued that Sir Frederick had the means to pay but had not paid.

Sir Frederick Barclay (Kirsty O’Connor/PA)
PA Wire

However, Sir Jonathan Cohen ruled that Sir Frederick was not in contempt as a result of not paying the first of the two £50 million lump sums.

However, the judge found that Sir Frederick was in contempt for not paying the money he owed for legal fees and maintenance, ruling the businessman had the means to pay those sums.

A further hearing is now expected on Thursday where Sir Jonathan is due to decide what penalty to impose against Sir Frederick.

The hearing in London is set to begin at 10.30am.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in

MORE ABOUT