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Russian oligarch gets suspended UK jail term for contempt in divorce case
Published by Global Banking & Finance Review®
Posted on June 25, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 25, 2025
2 min readLast updated: January 23, 2026
Mikhail Kroupeev, a Russian oligarch, was given a suspended 28-day jail term in London for contempt of court in his divorce case.
LONDON (Reuters) -A Russian oil tycoon was on Wednesday given a suspended 28-day jail sentence in his absence in London for contempt of court after he repeatedly failed to comply with legal rulings made in his bitter multi-million dollar divorce case.
Judge Richard Harrison last week said Mikhail Kroupeev, the non-executive chairman of energy company Gulfsands, had not complied with a series of court orders which followed the collapse of his 36-year marriage to his wife Elena Kroupeeva.
Harrison said Kroupeev, who is residing in Cyprus and did not attend in person on Wednesday despite a court order, had been "arrogant, controlling and profoundly disrespectful, both to your wife and to the court".
The judge imposed a 28-day prison sentence, suspended on terms that Kroupeev comply with an order to pay just over 195,000 pounds towards Kroupeeva's legal fees.
Kroupeev is subject to a freezing order covering 38 million pounds ($51.8 million) of his assets, in a divorce case his ex-wife's legal team says will run into many hundreds of millions of pounds.
Kroupeeva's lawyers said in court filings that the couple separated in "tempestuous" circumstances after she discovered in 2023 that her husband had, for most of the last 20 years, been living a double life with a secret second family in Russia.
The pair, who are both Russian nationals but have British citizenship, moved to Britain in 1993.
As well as Gulfsands, which Kroupeeva's lawyers said had a contract to export oil from Syria, Kroupeev's other business interests included Jupiter Energy, which is involved in oil and gas exports in Kazakhstan, and Waterford Finance which specialises in energy projects.
Her lawyers say the couple's assets included a 15 million-pound house in London, luxury homes in Portugal and Turkey, and properties in Russia worth 10 million pounds.
Last week, Kroupeev's lawyer Michael Glaser said his client denied the allegations about having a double life and apologised for not complying with the orders.
(Reporting by Michael Holden and Sam Tobin, editing by Ed Osmond)
Mikhail Kroupeev was given a suspended 28-day jail sentence for contempt of court after failing to comply with legal rulings in his divorce case.
Kroupeev is subject to a freezing order covering 38 million pounds of his assets, and the divorce case is expected to involve many hundreds of millions of pounds.
Mikhail Kroupeev is residing in Cyprus and did not attend the court hearing in London despite a court order.
Judge Richard Harrison described Kroupeev as 'arrogant, controlling and profoundly disrespectful' towards his wife and the court.
The couple's assets include a 15 million-pound house in London, luxury homes in Portugal and Turkey, and properties in Russia worth 10 million pounds.
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