The confiscation of property followed a six-year investigation by the National Crime Agency (NCA) into money laundering.
Zamira Hajiyeva has agreed to forfeit a mansion in Knightsbridge and an Ascot golf club which was purchased by her husband. The NCA believed these were purchased through proceeds of fraud, money laundering, false accounting and embezzlement.
The property in Knightsbridge was bought for £14m, while Mill Ride Golf Club near Ascot was bought for £10.5m in 2013.
The NCA had issued unexplained wealth orders (UWOs) for Jahangir’s properties in 2018, which were the first ever issued in the UK, which meant the properties could not be sold or transferred.
Tim Quarrelle, branch commander for asset denial at the NCA said: ‘NCA officers worked tirelessly to track the complex movement of these funds across the international banking system, through shell companies in multiple jurisdictions, in order to ascertain their source.