2 London properties valued at £4million reportedly traced to Ekweremadu - Welcome to Uju Ayalogu's Blog

Breaking News

Post Top Ad

Thursday, 1 March 2018

2 London properties valued at £4million reportedly traced to Ekweremadu

2 London properties valued at £4million reportedly traced to Ekweremadu

The ownership of two London high-end properties valued at £4million has allegedly been traced to Ekweremadu, the deputy president of the Nigerian Senate. Ekweremadu's foundation reportedly uses one of the buildings as an office.

- Two London properties have been traced to the deputy Senate president, Ekweremadu

- The properties are valued at £4million

- Ikeoha Foundation, allegedly established by Ekweremadu, reportedly uses one of the buildings as office

READ ALSO :  Hate speech offenders to die by hanging in Senate's new bill - Newspaper review

The ownership of two London high-end properties valued at £4million has allegedly been traced to Ike Ekweremadu, the deputy president of the Nigerian Senate.

Sahara Reporters said it obtained the United Kingdom land registry documents which list the addresses of the properties as 52 Aylestone Avenue, London, NW6 7AB and Flat 4, Varsity Court, 44, Homer street, London, W1H 4NW.

According to a UK land registry document, the first property, with title number MX361292, is on a freehold, which means the deputy Senate president reportedly has outright ownership of the property and the land on which it stands.

The documents reportedly showed that the property is owned by a company, Property Circle Limited, incorporated in the British Virgin Islands, but in care of Trident Trust Company (B.V.I.) Limited, Trident Chambers, PO Box 146, Road Town, Tortola, British Virgin Islands and of Leo Stan Ekeh, founder of Zinox Technologies.

The document lists the price paid for the property on January 27, 2011, as £2,900,000.

Sahara Reporters said it reached out to Leo Stan Eke to request his explanation for the reason his name was used for the offshore transaction but he had not responded to inquiries yet.

The second property, Flat 4, Varsity Court, 44, Homer Street, London, W1H 4NW, is reportedly equally on a freehold, held by SJW Estates Limited of 15 Esplanade, St Helier, Jersey, Channel Islands, JE1 1RB, and two leases, with one held by Ikeoha Foundation of Nigeria, an organization allegedly established by Ekweremadu.

It has the title number NGL390222.

The title of Ikeoha Foundation’s leasehold is reportedly listed as NGL711130. The foundation, incorporated in Nigeria, is listed as having its addresses as Flat 4, Varsity Court 44 Homer street, London W1H 4NW and 14 Iyienu Street, Independence Layout, P. O. Box 3615, Enugu, Nigeria.

READ ALSO :  Stop Paying Former Governors Pension - Saraki To States

The other lease (NGL688343) is held by C & V Management Company Limited. The price of the property is listed as £830,000.

The documents indicate that the ownership information was valid as at February 18, 2018.

We previously reported that the federal high court on Wednesday, February 28, in Lagos ordered final forfeiture of two penthouses linked to a former minister of petroleum, Diezani Alison-Madueke. Justice Mojisola Olatoregun on December 5, 2017, ordered an interim forfeiture of the properties after an ex parte (without notice) application, was argued by the Economic and Financial Crimes Commission (EFCC).

EFCC’s application, marked FHC/L/CS/1793c/17, has as respondents, Alison-Madueke, Donald Amagbo, Schillenburg LLC and Sequoyah Properties Ltd.

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music and Submit your story  on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tel/+44(0)7590363984 Subscribe to Ujuayalogusblog.com News!

For More:  Visit Us at Uju Ayalogu's Blog

Share This

No comments:

Post a Comment

Post Bottom Ad

Pages