Nike Oshinowo's Oil Tycoon Ex Gets Ordered To Pay Ex-wife £5million Even If He's In Coma

Date: 03-07-2015 9:52 pm (8 years ago) | Author: Mister Jay Wonder
- at 3-07-2015 09:52 PM (8 years ago)
Online (m)

An ailing oil tycoon, facing jail unless he pays his ex-wife £5m, has been told by a top judge in London that he must match up to his responsibilities 'even if he is in a coma.'

Multimillionaire oil man, Wade Cherwayko, failed to attend a divorce hearing at London's High Court today, citing health difficulties. DailyMail reports he had previously been ordered to turn up or risk being held in contempt of court. His legal team was told today that he risks two-year jail term if he fails to comply with the court's direction.

Mr Cherwayko, a Canadian of Ukrainian origin, made his fortune in African oil and went out for a
time with Miss Nigeria.

He married his wife and the mother of his child, Maya Cherwayko, 39, in 2005, but the couple have now split, and are fighting a bitterly contested divorce in the British courts.

Mrs Cherwayko, an interior designer who has an address in Mayfair, secured an order in February last year that her ex pay her over £5m, in three yearly chunks of £1.75m. In December, Mrs Cherwayko took her ex-husband before Mr Justice Mostyn at the High Court Family Division for failing to complete payment of the first of those instalments.

The tycoon was hit with a six-month suspended jail term. Today Mrs Cherwayko again asked a High Court judge to put him behind bars. Her barrister, Daniel Bentham, told Mrs Justice Parker, that since the last hearing Mr Cherwayko has indulged in an 'untrue, perjurous' bid to dodge paying up.
He told the judge Mr Cherwayko had provided £5m worth of share certificates to his wife's lawyers as security on the payments owing.

But he had promptly acquired duplicate certificates and sold the shares, leaving his wife's team holding worthless pieces of paper in their office safe. The barrister asked the judge to commit Mr Cherwayko - who did not attend the hearing - to prison for his defiance.

Duncan Watson, for Mr Cherwayko, told the judge that he was too ill to attend court, saying he had heart trouble and high blood pressure. He said that Mr Cherwayko has 'apologised' for obtaining the replacement share certificates. He would be able to pay his wife a sum in the region of £890,000 later this month, having sold some shares and called in some debts.

Mr Watson said the oilman 'has little in the way of cash resources' until that date.
'He has credit card debts. His main assets are shares in companies,' the barrister added.
Warning Mr Cherwayko that his health problems will not let him off the hook, the judge said:
'Even if he is in a coma, he might still be in breach (of the court's order). If he can physically get here, he must come.'
The judge adjourned the hearing to a later date, saying Mr Cherwayko could face 'two years max' behind bars, or a substantial fine.
'The issue is how serious the breach is,' she added.


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Posted: at 3-07-2015 09:52 PM (8 years ago) | Addicted Hero
- beneno at 3-07-2015 10:16 PM (8 years ago)
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nawa
Posted: at 3-07-2015 10:16 PM (8 years ago) | Addicted Hero
Reply
- joromy at 3-07-2015 10:20 PM (8 years ago)
(m)
NIGERIA OIL
Posted: at 3-07-2015 10:20 PM (8 years ago) | Gistmaniac
Reply
- Activated at 3-07-2015 11:29 PM (8 years ago)
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But wetin come concern Nike Oshinowo with this story. No be her dem dey pay the money.
Posted: at 3-07-2015 11:29 PM (8 years ago) | Upcoming
Reply
- Activated at 3-07-2015 11:30 PM (8 years ago)
(m)
But wetin come concern Nike Oshinowo with this story. No be her dem dey pay the money.
Posted: at 3-07-2015 11:30 PM (8 years ago) | Upcoming
Reply
- papadip at 4-07-2015 01:36 AM (8 years ago)
(m)
Hummm.....Money.
Posted: at 4-07-2015 01:36 AM (8 years ago) | Gistmaniac
Reply
- Ken1230 at 4-07-2015 04:23 AM (8 years ago)
(m)
Quote from: Activated on  3-07-2015 11:29 PM
But wetin come concern Nike Oshinowo with this story. No be her dem dey pay the money.

Don`t mind the poster.
Posted: at 4-07-2015 04:23 AM (8 years ago) | Gistmaniac
Reply
- Wysetots at 4-07-2015 06:29 AM (8 years ago)
(m)
Quack poster !!
Posted: at 4-07-2015 06:29 AM (8 years ago) | Hero
Reply
- Nicksam at 4-07-2015 08:00 AM (8 years ago)
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OK  NA
Posted: at 4-07-2015 08:00 AM (8 years ago) | Hero
Reply
- candela at 4-07-2015 09:00 AM (8 years ago)
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African women and money. Nigerian beauty queen with this man. Shameful, hungry and wretched black women
Posted: at 4-07-2015 09:00 AM (8 years ago) | Upcoming
Reply
- temi_1 at 5-07-2015 04:18 PM (8 years ago)
(f)
ok
Posted: at 5-07-2015 04:18 PM (8 years ago) | Gistmaniac
Reply
- ignis99 at 7-07-2015 08:25 PM (8 years ago)
(m)
them palaver
Posted: at 7-07-2015 08:25 PM (8 years ago) | Gistmaniac
Reply
- Paulevery at 9-07-2015 04:26 PM (8 years ago)
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Wetin u dey wait for, go pay am na, stop noise for here, nor let me vex enter house ooo
Posted: at 9-07-2015 04:26 PM (8 years ago) | Gistmaniac
Reply
- Sparky12 at 20-04-2016 12:28 AM (8 years ago)
(m)
kk
Posted: at 20-04-2016 12:28 AM (8 years ago) | Gistmaniac
Reply