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Bankrupt Katie Price sells £230K diamond rings

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London/New Delhi, Dec 4 (IANS) Katie Price, declared bankrupt by a London court a few days ago, is said to have been forced to sell her 230,000-pound (Rs 2.15 crore) diamond engagement rings ex-husband Peter Andre gave her, a media report said.

A mother of five, Katie was given three engagement rings by singer Peter, with whom she has two kids — Junior and Princess.

The Mirror reported that the couple met on ‘I’m A Celebrity’ in 2004 and married in 2005, only to separate four years later.

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Katie was declared bankrupt in November after she failed to pay off thousands of pounds in debt despite warnings from her creditors.

Katie, earlier known by pseudonym Jordan, is a media personality, model, and author.

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She was declared bankrupt after she blew her entire 45-million-pound (Rs 413 crore; USD 57 million) fortune over the years.

She didn’t turn up in person or sent a lawyer to fight her case in court.

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In September, a bankruptcy charge was laid on her West Sussex mansion.

At a hearing in October 2018, she was given time to negotiate a deal with taxmen over her finances and her proposal for an IVA was accepted on November 30, 2018.

–IANS

tsb/saurav/kr

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