Altaf Hussain has lost £10 million (Rs3.36 billion) worth of London properties, including his house, to MQM-P after the party won a case in a London court.

The Muttahida Quami Movement Pakistan which disowned Altaf Hussain following his controversial August 2016 speech had filed the case in London and IT Minister Syed Aminul Haque represented the party in the UK court.

The High Court of Justice Business and Property Court of England and Wales ruled on Monday that Altaf Hussain had resigned as the party head following his fiery speech in 2016. It said MQM-P was the real MQM and its members are the true beneficiaries of the trusts that control London’s properties.

Currently, Altaf Hussain controls these properties. They include the upmarket north London house where Altaf Hussain has been living since 2001. The house is valued at £3 million.

“As on 23 August 2016 Mr Altaf Hussain stood down from any role in or involvement with MQM-P. Whether temporarily or permanently that did not alter before his expulsion from MQM-P when he formed a new association operating from London,” Judge Clive Jones wrote.

Altaf Hussain tried to sell the properties in 2010 but a London court stopped the sale when MQM-P sprang into action.

During the hearing, Altaf Hussain, 67, dismissed the new party as an “imposter” and said that the six properties in the dispute had nothing to do with MQM-P, which he maintained was established after the split.