Ashish Thakkar has told ‘a blatant lie’ in his divorce case, London judge rules
Thakkar, his father and sister all testified that Ashish had no control over Mara Group and Inspire Group, which Judge Philip Moor said was ‘’palpable nonsense’
London — Ashish Thakkar, who co-founded Africa banking conglomerate Atlas Mara with former Barclays plc head Bob Diamond, lost a ruling over the ownership of family assets in a London divorce case, with a judge questioning Thakkar’s truthfulness. Judge Philip Moor ruled that Thakkar, and not his mother and sister, was the owner of disputed assets in the divorce. He found that the 35-year-old owned 100% of Mara Group Holdings and other corporate entities. The result will have ramifications in the proceedings where a judge will have to decide how much Thakkar — described in videos posted on his foundation’s website as Africa’s youngest billionaire — is worth. Thakkar says he has assets of £445,532 while his wife, Meera, says he is far richer. Thakkar, his father and sister all testified over three days in a bid to persuade the court that Ashish had no control over Mara Group Holdings and Inspire Group Holdings. Thakkar has argued that the beneficiaries of his companies are his mother ...
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