expire-images:2008-11-9

Prince Jefri Ordered To Give It All Back

One of the world's most extravagant spenders, Prince Jefri, the younger brother of the Sultan of Brunei has been ordered to give back his toys. Five English judges have settled a billion-dollar battle between Jefri and the Sultan of Brunei. Prince Jefri has been ordered to give up ownership of two hotels: the New York Palace Hotel, Hotel Bel-Air in Los Angeles, three houses: Cavell House in London, St John's Lodge in London and in 3-5 Place Vendôme, Paris as well as paintings, jewels and a large trust fund.

Prince Jefri has denied stealing his nation's assets and says that he did receive the large sums but they were not misappropriated. Pirnce Jefri is a father of 17 and is the former Finance Minister of Brunei. The Brunei authorities had sued the Prince for embezzlement and aan out-of-court settlement was reached in 2000. Jefri, however, was insistent that his brother had said that his brother had said he could maintain his lifestyle. The judges ruled that the brother's generosity wouldn't extend quite that far. Prince Jefri has vowed to fight the ruling.

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Tags: brunei, expire-images:2008-11-9, prince jefri, PrinceJefri, sultan of brunei