'Fat Cat' Banker’s Wife Can't Get to $29 Million in U.K. Assets
- London judge rules in first unexplained wealth order case
- Foreign banker’s wife may be identified unless she wins appeal
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The wife of a foreign "fat cat" banker lost a bid to regain control of 22 million pounds ($29 million) worth of property in the U.K. that prosecutors say was bought with stolen funds. She may be able to keep her name out of the press for a little bit longer.
The woman, identified for now only as Mrs. A, had asked a London judge to block one of the first-ever "unexplained wealth orders," which freezes property when the owner cannot explain the source of the funds used for the purchase.