Igho Sanomi, Nigerian billionaire forfeits private jet, 3 London homes over $3m debt - Welcome to Uju Ayalogu's Blog

Breaking News

Post Top Ad

Wednesday, 17 April 2019

Igho Sanomi, Nigerian billionaire forfeits private jet, 3 London homes over $3m debt

Igho Sanomi, Nigerian billionaire forfeits private jet, 3 London homes over $3m debt

Igho Sanomi, a Nigerian billionaire has lost his three apartments in London to a Swiss bank over $3million debt.

Credit Suisse, the Swiss bank, has also seized Sanomi’s private jet.

Bloomberg, Sanomi was guarantor for a credit facility extended to one of his companies by Credit Suisse Group AG.

Aside the Swiss Bank, Banque Cantonale de Geneva has already made a freezing order against the London properties, just as ING Groep NV has also filed a suit against Sanomi for Taleveras’s unpaid debts.

READ ALSO :     How University Teachers Undermined 2019 Polls - Prof. Jega

In a written submission to a London court last week, Andrew Brown, counsel to Credit Suisse, said “three properties owned by Sanomi, including apartments in Chelsea, West London, and Belgravia, in the heart of London’s diplomatic quarter, have already been identified as assets that may have to be forfeited if he loses”.

Sanomi wasn’t represented in court, and his lawyers at Clyde & Co didn’t respond to request for comments but affirmed knowledge of the case.

According to the bank’s lawyer, Sanomi “has not put in any defence or objection to the charging orders”.

Sanomi’s company, Taleveras Energy, trades more than 100 million barrels of crude oil annually and is targeting investments in biofuel.

READ ALSO :     Onnoghen: Buhari Must Extend Probe To Other Judges - SANs
     
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

For More:   Subscribe to Ujuayalogusblog.com

Share This

No comments:

Post a Comment

Post Bottom Ad

Pages