Sir Frederick Barclay has been ordered to pay his estranged wife £100million after a judge blasted the Telegraph owner for selling a luxury yacht and keeping the proceeds for himself.
Mr Justice Cohen said Sir Frederick Barclay, 86, sold a luxury yacht and applied the equity for his own use in breach of orders.
He said he regarded that as reprehensible , in a ruling published on Wednesday.
The judge said he had ruled that Lady Hiroko Barclay should receive lump sums totalling £100million. She had wanted £120million.
Judge Mr Justice Cohen said he had ruled that Lady Hiroko Barclay (pictured with lawyer Fiona Shackleton outside the High Court in London at an earlier hearing) should receive lump sums totalling £100million