Crispin odey, the uks highest-profile hedge investment supervisors, has-been faced with indecent assault.

Mr odey, 61, the president of mayfair-based investment company odey investment management, is facing a courtroom case over an incident more than two decades ago.

In a statement on friday, the crown prosecution provider stated mr odey was charged with indecent assault following a problem by a lady over an incident in 1998. he could be considering appear at westminster magistrates court on september 28.

Its all-in the courts fingers, he told the financial instances. it absolutely was in the past, he included.

In an independent statement, mr odey included the allegation is rejected and i will highly contest this matter.

The alleged incident happened at an address in swan walk, chelsea, where mr odey has a target, on or just around july 13 1998, in accordance with a statement through the metropolitan police. mr odey had been charged in-may in 2010, it stated.

Unlike lots of their lower-profile hedge fund colleagues, mr odey has usually held it's place in the headlines. he's a donor into the conservative celebration and contributed to prime minister boris johnsons management promotion, and ended up being a vocal backer of brexit.

Just last year he dismissed as crap suggestions which he had backed mr johnson to be able to profit from a potential no-deal brexit, and predicted that mr johnson is a good prime minister in brand new jerusalem after brexit.

Mr odeys investment, which will be understood in hedge investment industry circles if you are the most aggressive into the sector, made large gains from wagers against some uk stocks and a wager on silver during the 2016 brexit referendum, but ultimately completed the year down virtually 50 %.

Mr odey, who was simply informed at harrow class and christ church college, oxford and create his firm odey resource management in 1991, is amongst the uks richest hedge investment supervisors. regarding his partner nichola pease, his lot of money is calculated at 825m, in accordance with the sunday days rich list.