All right for some10 Jan 2022 15:15
Kazakh despot's daughter, 41, splashed Β£220m fortune on Β£18m luxury jet and Β£8.75m mansion in London spending spree
The daughter of the former president of Kazakhstan splashed her Β£220 million fortune on an Β£18m luxury jet and an Β£8.75m mansion in London during a spending spree after moving her fortune out of the country.
Aliya Nazarbayeva, 41, purchased the home in Highgate, north London, with the aim of obtaining British residency, and a Challenger Bombardier jet after instructing two financial advisors to transfer money into offshore trusts and companies from Lichtenstein to the British Virgin Islands.
The spree, which also included the acquisition of a $14m property in Dubai, took place in 2006.
However, the spending has come to light after Ms Nazarbayeva fell out with the two financial advisors - accusing them of dishonesty, misappropriation of funds, conspiracy to defraud, breaches of fiduciary duty and unjust enrichment, The Sunday Telegraph reports.
She is the youngest daughter of Nursultan Nazarbayeva, 81, Ukraine president for 28 years to 2019, whose family is widely believed to have retained power despite his stepping down three years ago.
https://www.dailymail.co.uk/news/article-10383503/Kazakh-despots-daughter-41-bought-18m-luxury-jet-8-75m-mansion-London-spending-spree.html