Zamira Hajiyeva (pictured 2010) is the subject of Britain's first Unexplained Wealth Order

Zamira Hajiyeva (pictured 2010) is the subject of Britain's first Unexplained Wealth Order

Zamira Hajiyeva (pictured 2010) is the topic of Britain’s first Unexplained Wealth Order

The spouse of a disgraced former boss of Azerbaijan’s largest financial institution who was topic to the UK’s first Unexplained Wealth Order when she spent £16million in Harrods will probably be freed on bail.

Zamira Hajiyeva used 35 bank cards issued by her husband’s financial institution to splash out £16 million over a decade at Britain’s most extravagant division retailer, situated only a stone’s-throw from her lavish London dwelling.

The 55-year-old will probably be launched on bail pending makes an attempt to extradite her to Azerbaijan, the place she faces allegations of embezzlement.

She was the topic of two UWOs obtained beneath the so-called McMafia legal guidelines by the Nationwide Crime Company (NCA) in opposition to properties value a complete of £22 million. 

The 55-year-old was arrested by the Metropolitan Police final week appearing on an extradition request from the Azeri authorities.

She was granted bail pending an extradition listening to at Westminster Magistrates’ Court docket however remained in custody due to an enchantment by prosecutors. 

On the Excessive Court docket in London on Thursday, Mr Justice Jeremy Baker dismissed the enchantment on behalf of the Azeri authorities, ruling there have been no ‘substantial grounds’ to disclaim Mrs Hajiyeva bail. 

Zamira Hajiyeva seen walking her dog near her home in central London. She is seen here wearing designer clothes estimated to be worth £8,500

Zamira Hajiyeva seen walking her dog near her home in central London. She is seen here wearing designer clothes estimated to be worth £8,500

Zamira Hajiyeva seen strolling her canine close to her dwelling in central London. She is seen right here sporting designer garments estimated to be value £8,500

Zamira Hajiyeva's husband, Jahangir Hajiyev, speaks during session at the World Economic Forum (WEF) Annual Meeting of the New Champions in 2011

Zamira Hajiyeva's husband, Jahangir Hajiyev, speaks during session at the World Economic Forum (WEF) Annual Meeting of the New Champions in 2011

Zamira Hajiyeva’s husband, Jahangir Hajiyev, speaks throughout session on the World Financial Discussion board (WEF) Annual Assembly of the New Champions in 2011

A sapphire and ruby serpent pendant allegedly purchased by Zamira Hajiyeva

A sapphire and ruby serpent pendant allegedly purchased by Zamira Hajiyeva

A sapphire and ruby serpent pendant allegedly bought by Zamira Hajiyeva

As chairman of the Worldwide Financial institution of Azerbaijan, Jahangir Hajiyev and spouse Zamira loved all of the privileges of the super-wealthy – travelling the world in a Gulfstream personal jet and consuming the best wines.

Solely a short kidnapping by her husband’s enemies in 2005 seems to have troubled putting brunette Zamira’s gilded life.  

Whereas by no means incomes greater than £54,000 a yr on the financial institution, the couple assumed big wealth, shopping for two-adjoining Belgravia townhouses for £11.5 million in money in 2009 and an unique Berkshire golf course value £10.5 million a number of years later.

Mrs Hajiyeva’s dwelling in Knightsbridge, central London, was purchased via a British Virgin Islands agency with a mortgage of ‘as much as £7,475,000’ the Night Customary studies. 

Nevertheless the highly effective couple’s multi-million monetary empire got here crashing down when Hajiyev was arrested in his native Azerbaijan in December 2015 accused of embezzling greater than £100 million from the financial institution.  He’s at the moment serving a 15-year jail sentence within the nation for fraud and embezzlement.

She may face losing this 17-acre Mill Ride golf club, which is valued at about £10.5million

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She may face losing this 17-acre Mill Ride golf club, which is valued at about £10.5million

She could face shedding this 17-acre Mill Experience golf membership, which is valued at about £10.5million

Mrs Hajiyeva also owns a private jet like the Gulfstream that is pictured in this file photo 

Mrs Hajiyeva also owns a private jet like the Gulfstream that is pictured in this file photo 

Mrs Hajiyeva additionally owns a non-public jet just like the Gulfstream that’s pictured on this file picture 

Luxurious gadgets Zamira purchased at Harrods throughout her ten-year £16-million spending spree included a £48,600 piece of Cartier jewelry and three gadgets of Boucheron jewelry value £40,000, £42,000 and £39,000 – simply weeks earlier than shopping for her £11,500 million Belgravia dwelling.

Heralded for his skilled acumen, Hajiyev was awarded the distinguished Queen Victoria Commemorative Medal and named Finest Banker in a Disaster by Europe’s enterprise leaders, for his function in main Azerbaijan via the 2008 monetary disaster.

Hajiyev’s private wealth was valued at £55 million in 2011, courtroom paperwork have revealed. 

Zamira revealed her husband gave her a £1 million-plus current and acquired a month-to-month allowance of £20,000 however she started promoting off the ‘household silver’ at Christie’s, after he was arrested, courtroom papers have proven.

Zamira fled Azerbaijan however she was arrested ‘in absentia’ on prices of ‘misappropriation of state funds’ and stays on Azerbaijan’s ‘wanted-list’. 

Mrs Hajiyeva lived in this sprawling mansion in Knightsbridge - just a stone's throw from Harrods - with her husband 

Mrs Hajiyeva lived in this sprawling mansion in Knightsbridge - just a stone's throw from Harrods - with her husband 

Mrs Hajiyeva lived on this sprawling mansion in Knightsbridge – only a stone’s throw from Harrods – along with her husband 

Thrown to the wolves by the Azerbaijan’s ruling elite that he as soon as known as pals, Hajiyev was jailed for 15 years and ordered to pay again £28 million, following a extremely publicised show-trial in October 2016.

Zamira (pictured in 2017) remains on Azerbaijan's 'wanted-list'

Zamira (pictured in 2017) remains on Azerbaijan's 'wanted-list'

Zamira (pictured in 2017) stays on Azerbaijan’s ‘wanted-list’

Zamira sought sanctuary in London and fearing for her security in her native Azerbaijan, she requested to dwell completely within the UK, making use of to the House Workplace for ‘Go away to Stay’.

In the meantime monetary advisers arrange a sequence of off-shore shell corporations to guard the Hajiyeva’s huge property from the Azeri authorities.

Their adjoining Belgravia townhouses was purchased by Vicksburg World Inc, an organization integrated within the British Virgin Islands for £11.5 million in 2009. Just a few years later one other off-shore firm purchased the unique Mill Experience Golf Membership in Ascot, Berks, for a cool £10.5m.

Zamira Hajiyeva is the useful proprietor of each corporations, the British Virgin Island Monetary Investigation Company have confirmed.

Jet-setting round Europe or strolling alongside the tidy streets of Belgravia, Zamira Hajiyeva was simply one other wealthy ex-pat who had hidden her cash in London.

As chairman of the International Bank of Azerbaijan, Jahangir Hajiyev and wife Zamira enjoyed all the privileges of the super-wealthy. Pictured one of the properties they owned in London

As chairman of the International Bank of Azerbaijan, Jahangir Hajiyev and wife Zamira enjoyed all the privileges of the super-wealthy. Pictured one of the properties they owned in London

As chairman of the Worldwide Financial institution of Azerbaijan, Jahangir Hajiyev and spouse Zamira loved all of the privileges of the super-wealthy. Pictured one of many properties they owned in London

The banker's daughter Leyla and her husband Anar Makmudov live in this home in London

The banker's daughter Leyla and her husband Anar Makmudov live in this home in London

The banker’s daughter Leyla and her husband Anar Makmudov dwell on this dwelling in London

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What’s an Unexplained Wealth Order?

The ‘unexplained wealth order’ was launched in January this yr to assist officers establish and seize British property suspected of being purchased by soiled cash laundered by corrupt international criminals.

A UWO is an investigation order issued by the Excessive Court docket on satisfaction of quite a lot of checks.

A UWO requires an individual who within reason suspected of involvement in, or of being related to an individual concerned in, critical crime to clarify the character and extent of their curiosity specifically property, and to clarify how the property was obtained.

A UWO can be utilized to politicians or officers from exterior the European Financial Space, or these related to them i.e. Politically Uncovered Individuals.

Boris Johnson, on the time the international secretary, mentioned that using the orders ‘can be intensified’ in response to the novichok assault in Salisbury.

The institution of UWOs, as a part of the Legal Finance Act, will allow the authorities to freeze and get well property if people are unable to clarify how they acquired property in extra of £50,000. 

Businesses which might apply for a UWO embody: the Nationwide Crime Company, Her Majesty’s Income and Customs, the Monetary Conduct Authority, the Critical Fraud Workplace, or the Crown Prosecution Service.

However a brand new legislation focusing on gangsters, corrupt politicians, terrorists and cash launderers threatens to strip Ms Hajiyeva of her huge wealth, which the Nationwide Crime Company (NCA) consider was the stolen by her husband from the Worldwide Financial institution of Azerbaijan the place he labored.

NCA investigators are demanding the 55-year-old clarify how can afford her luxurious life-style together with British property value £22 million, making her the topic of an ‘Unexplained Wealth Order’ (UWO).

The UWO, which is a part of the Legal Finance Act, permits British authorities to freeze and get well the property of people who’re unable to clarify how they acquired property value greater than £50,000.

An UWO might be enforced by the Nationwide Crime Company, Her Majesty’s Income and Customs, the Monetary Conduct Authority, the Critical Fraud Workplace or the Crown Prosecution Service.

Nevertheless Ms Hajiyeva denies her property are the proceeds of crime, claiming her wealth is the results of husband’s skilful investments.

She instructed the Excessive Court docket in a witness assertion: ‘My husband was in 2009 a person of considerable means. He was very nicely off after we married in 1997 and has amassed capital and wealth because the early 1990’s.

‘As to the acquisition of the property, this was husband’s accountability. I had no information of any of the funds made to buy the property, our household dwelling, their supply or another particulars.’

She is preventing the NCA all the way in which. Ms Hajiyeva has instructed a workforce of extremely expert attorneys, together with a £500-an-hour barrister, James Lewis QC, to argue her case within the courts.

Three separate loyalty cards were issued by department store Harrods, where she spent more than £16 million between September 2006 and June 2016

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Three separate loyalty cards were issued by department store Harrods, where she spent more than £16 million between September 2006 and June 2016

Three separate loyalty playing cards had been issued by division retailer Harrods, the place she spent greater than £16 million between September 2006 and June 2016

Hajiyeva has been determined to maintain her identify out of the information, along with her attorneys asking for all courtroom proceedings to be held in personal.

Nevertheless successive judges within the Excessive Court docket and the Court docket of Attraction have refused functions to maintain her nameless and Zamira Hajiyeva can at this time be named for the primary time as the topic of Britain’s first Unexplained Wealth Order.

The Nationwide Crime Company had been in a position to observe Mrs Hajiyeva’s lavish spending.

Court docket papers revealed three separate loyalty playing cards had been issued to Mrs Hajiyeva, and between September 2006 and June 2016, a complete of £16,309,077.87 was spent by way of the playing cards beneath the Harrods Buyer Loyalty Rewards Card Scheme. 

The papers add: ‘Enquiries present {that a} important variety of these playing cards, particularly 35 American Specific, Mastercard and Visa playing cards had been issued by the Financial institution [International Bank of Azerbaijan].’

Mrs Hajiyeva was just lately noticed strolling her Pomeranian canine within the streets near her home.

A neighbour mentioned: ‘I’ve seen her strolling her little canine round. However we do not actually discuss to the neighbours. It is why you purchase a home within the space. And it is a part of its appeal. It’s useful for Harrods although.’

Supervisor of the Mill Experience Golf Course mentioned they weren’t conscious of any courtroom motion.

Robin Greenwood mentioned: ‘We’ve got coping with the mother or father firm however I’ve by no means dealt along with her [Mrs Hajiyeva]. We do not know something about this.’ 

The NCA welcomed the information that Mrs Hajiyeva can now be recognized.

Donald Toon, Director for Financial Crime on the NCA, mentioned:

‘The NCA totally helps an open and clear justice system that helps reveal our willpower to make sure that the UK is just not seen as a tender goal for the funding of illicit finance.

‘The place we can’t decide a reputable supply for the funds used to buy property and prime property it’s completely proper that we ask probing inquiries to uncover their origin.

‘Unexplained wealth orders have the potential to considerably scale back the enchantment of the UK as a vacation spot for illicit revenue.

‘They permit the UK to extra successfully goal the issue of cash laundering via prime actual property in London and throughout the UK, and we’ll now search to maneuver additional instances to the Excessive Court docket.’ 

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