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Wife wins £2.4m divorce settlement

Wife wins £2.4m divorce settlement

The former wife of a multi-millionaire was awarded £2.4 million in a divorce settlement.

Peter Brandon was ordered to hand over the money to his ex-wife Christina after the Court of Appeal found that he had been concealing assets worth £2 million to prevent his former spouse from receiving them, reported the Daily Mail.

The court was told how Mr Brandon hid gold bars, which were handed down to him from his grandfather, once he decided to leave his wife.

He was found to have been deliberately concealing the gold, in addition to assets, foreign bank accounts and properties, in preparation of the couple's divorce in 2008.

Lord Justice Ryder originally gave the ruling in July 2010 but Mr Brandon said it would leave him 'impoverished'.

However, the recent discoveries have convinced the court to stand behind Lord Justice Ryder's decision.

The outcome was settled just before the Court of Appeal ends its current term today (December 21st 2010) before opening again later in the new year.

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Posted by Daniel Stevens