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Dubai princess wins $733m from sheikh in UK settlement

The princess who is the half sister of the King of Jordan and her children will need a lifetime of security according to Judge Philip Moore. He also ruled that a $333 million one off payment must be made by the sheikh to his ex-wife to compensate for her financial losses and to payoff Haya's racehorses, jewellery and other debts.

Dubai's ruler, Sheikh Mohammed Bin Rashid Al Maktoum, has been ordered by the High Court in London to provide a British record of more than £554 million ($733 million) to settle a custody battle with his ex-wife over their two children, reports Reuters.

The bulk of the massive award to Princess Haya Bint Al-Hussein, half-sister of Jordan's King Abdullah, and the couple's two children, is to ensure their lifetime security, not least to address the "grave risk" posed to them by the sheikh himself, said the judge, Philip Moor.

The judge said: "She is not asking for an award for herself other than for security" and to compensate her for the possessions she lost as a result of the marital breakdown.

He directed Mohammed to make a one-off payment of £251.5 million ($334.60 million) within three months to Haya for the upkeep of her British mansions, to cover the money she said she was owed for jewellery and racehorses, and for her future security costs.

The sheikh, who is vice president and prime minister of the United Arab Emirates, was also told to provide £3 million ($4 million) towards the education of Jalila, 14, and Zayed, 9, and £9.6 million ($12.8 million) in arrears. He was also asked to pay £11.2 million ($14.9 million) a year for the children's maintenance, and for their security when they become adults.

These payments will be guaranteed via a £290 million ($385.8 million) security held by HSBC bank. The final sum, despite being believed by some London lawyers to be the largest public award ever ordered by an English family court, is less than half of the £1.4 billion ($1.86 billion) that Haya had originally sought.

READ: What we have learnt from the Dubai ruler's custody battle

During almost seven hours of testimony, Haya, 47, said a large one-off payment would allow for a clean break and remove the sheikh's hold over her and their children.

"I really want to be free and I want them to be free," she told the court.

Following the ruling, a spokesperson for the sheikh said he "has always ensured that his children are provided for" and asked for the media to respect their privacy. A lawyer for Haya did not immediately respond to a request for comment.

The settlement is the latest development in a legal saga that began when the princess fled to Britain in April 2019, fearing for her safety after she began an affair with one of her bodyguards, and a month after she had asked the sheikh for a divorce.

Later that year, the London court ruled Mohammed had carried out a campaign of threats and intimidation that made her fear for her life, and that he had also previously abducted and mistreated two of his daughters by another marriage.

Earlier this year, the President of the Family Division in England and Wales, a senior judge, also determined that Mohammed had ordered the phones of Haya and her lawyers, one of whom is a parliamentary lawmaker, to be hacked using the sophisticated "Pegasus" state security software.

READ: Dubai ruler loses appeal preventing publication of UK court battle with estranged wife

Haya had not asked for any divorce settlement. She did not offer an explanation, but her lawyers said she would have been entitled to seek billions as the ex-wife of one of the world's richest men.

"The mother's financial claims, and the size of the relief that's being sought, are quite unprecedented," the sheikh's lawyer, Nigel Dyer, told the court during hearings which could not be reported until Tuesday.

He said her demands were excessive and she was really claiming for herself under the guise of her children. He also accused the princess of misusing the children's funds, saying that she had paid out £6.7 million ($8.9 million) to blackmailers, who were part of her security team, to keep an affair quiet.

The court did not hear from the alleged blackmailers. Haya said she used money from the children's accounts because she was frightened.

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