Wanted Nigerian Oil Mogul, Kola Oluko, To Foreclose $50.9m New York Penthouse

A Nigerian oil tycoon, Kolawole “Kola” Aluko, owes a European bank millions of dollars for a mortgage he took out to purchase a $50.9 million luxury condo in New York, according to the New York Post.

Banque Havilland, based in Luxembourg, issued a $35.3 million loan to Mr. Aluko to purchase the 79th-floor penthouse at 157 East 57th Street in New York, but the oil tycoon has missed several payments, leading the bank to force a sale of the property next month.


The New York Post reports that the residential foreclosure could be the biggest in New York history.

The bank has listed Mr. Aluko’s 213-foot yacht as collateral and will collect the mortgage payment it’s owed, which was due last fall, plus interest.

In addition to his mortgage payment, Mr. Aluko owes property taxes and maintenance fees. The New York Post reports that he has not been seen “for some time” and could be hiding in his yacht.

The yacht, which he rented to Jay-Z and Beyonce in 2015 for $900,000 a week, was last registered in the Bahamas on May 3, but since then has been “out of range.”

Mr. Aluko is under investigation by the Nigerian government for money laundering in a scandal involving former Minister of Petroleum Diezani Alison-Madueke. It was alleged that Mr. Aluko, along with Jide Omokore, stole over $1.7 billion in oil assets from the federal government.

Atlantic Energy, a company owned by Mr. Aluko and Mr. Omokore, was granted several lucrative oil contracts, allegedly on the instructions of Mrs. Alison-Madueke.

The Nigerian government subsequently attempted to freeze Mr. Aluko’s assets, including properties in California and Switzerland.

However, authorities have been unable to track down the billionaire, who is believed to be traveling in his yacht.

He has also been declared wanted by British authorities, who requested that Swiss authorities assist them in arresting Mr. Aluko.

Mr. Aluko has recently been selling off his expensive properties. The New York Post reports that he sold a 2.4-acre estate in Montecito, California to Gwyneth Paltrow. In 2012, Mr. Aluko purchased a mansion in Beverly Hills, California for $14.7 million dollars. He rented the property to singer Ariana Grande before selling it for $13 million in 2016.

The oil tycoon has recently tried selling another New York apartment at 1049 5th Avenue, which he purchased for $8.5 million in 2013. He owes $61,000 in taxes to the city.

en

SOURCE :sahara reporters (news)

86 thoughts on “Wanted Nigerian Oil Mogul, Kola Oluko, To Foreclose $50.9m New York Penthouse

  • 22nd October 2020 at 10:45 pm
    Permalink

    I blog often and I really thank you for your
    content. This article has truly peaked my interest.
    I’m going to take a note of your site and keep checking for new information about once
    a week. I subscribed to your Feed as well.

    Reply
  • 19th November 2020 at 7:44 am
    Permalink

    Thank you for every one of your effort on this blog. Kate take interest in making time for investigations and it is simple to grasp why. Most of us learn all concerning the powerful ways you deliver good thoughts on your web blog and even welcome response from some other people on this matter plus our daughter is always discovering a great deal. Have fun with the rest of the new year. You’re the one carrying out a stunning job.

    Reply
  • 12th December 2020 at 6:08 pm
    Permalink

    I’m impressed, I have to admit. Genuinely rarely will i encounter a blog that’s both educative and entertaining, and let me tell you, you’ve hit the nail to the head. Your notion is outstanding; the problem is something which not enough persons are speaking intelligently about. I’m happy i came across this in my search for some thing about it.

    Reply
  • 13th December 2020 at 7:43 am
    Permalink

    Willie G youllied

    Hey there! I just would like to give you a huge thumbs up for the excellent info
    you have got here on this post. I will be returning to your website for more soon.

    Reply
  • 13th December 2020 at 8:27 pm
    Permalink

    Independance Immobilière – Agence Dakar Sénégal
    Av. Fadiga, Immeuble Lahad Mbacké
    BP 2975 Dakar
    +221 33 823 39 30

    Agence Immobilière Dakar

    I’m extremely impressed with your writing
    skills and also with the layout on your weblog.
    Is this a paid theme or did you customize it yourself?
    Either way keep up the excellent quality writing,
    it’s rare to see a nice blog like this one today.

    Reply
  • 13th December 2020 at 8:50 pm
    Permalink

    Taxi moto line
    128 Rue la Boétie
    75008 Paris
    +33 6 51 612 712  

    Taxi moto paris

    Thanks to my father who stated to me concerning this web
    site, this blog is really awesome.

    Reply
  • 13th December 2020 at 9:19 pm
    Permalink

    M.E.C Mon Electricien Catalan
    44 Rue Henry de Turenne
    66100 Perpignan
    0651212596

    Electricien Perpignan

    Hey there! I understand this is kind of off-topic
    however I had to ask. Does operating a well-established website such as yours take a large amount of work?
    I’m completely new to running a blog however I do write in my diary daily.
    I’d like to start a blog so I can share my own experience and thoughts online.

    Please let me know if you have any ideas or tips for brand new aspiring bloggers.
    Appreciate it!

    Reply
  • 26th December 2020 at 1:39 am
    Permalink

    Hi, I’ve been a lurker around your blog for a few months. I love this article and your entire site! Looking forward to reading more!

    Reply
  • 27th December 2020 at 6:29 pm
    Permalink

    as soon as I found this internet site I went on reddit to share some of the love with them.

    Reply
  • 28th December 2020 at 12:01 am
    Permalink

    I am curious to find out what blog system you are using? I’m experiencing some small security problems with my latest site and I’d like to find something more risk-free. Do you have any suggestions?

    Reply
  • 28th December 2020 at 9:04 pm
    Permalink

    New York Travel Tips… […]below you’ll find the link to some sites that we think you should visit[…]…

    Reply
  • 29th December 2020 at 7:43 am
    Permalink

    Hello there, just became alert to your blog through Google, and found that it is truly informative. I’m gonna watch out for brussels. I’ll be grateful if you continue this in future. Numerous people will be benefited from your writing. Cheers!

    Reply
  • 29th December 2020 at 6:33 pm
    Permalink

    An fascinating discussion is value comment. I feel that you must write extra on this matter, it may not be a taboo topic but generally individuals are not enough to speak on such topics. To the next. Cheers

    Reply
  • 31st December 2020 at 6:21 pm
    Permalink

    of course we need to know our family history so that we can share it to our kids’

    Reply
  • 1st January 2021 at 8:51 pm
    Permalink

    Nice post. I find out some thing much harder on various blogs everyday. Most commonly it is stimulating to see content off their writers and exercise a little something from their store. I’d would prefer to apply certain while using content in this little weblog whether or not you do not mind. Natually I’ll provide a link on your own web weblog. Thank you sharing.

    Reply
  • 3rd January 2021 at 11:34 pm
    Permalink

    Nice post. I learn something harder on distinct blogs everyday. Most commonly it is stimulating to learn content from other writers and exercise a specific thing from their store. I’d choose to use some while using content in my weblog whether you don’t mind. Natually I’ll supply you with a link in your internet blog. Thank you for sharing.

    Reply
  • 4th January 2021 at 10:27 pm
    Permalink

    Therefore i’m as content with check this out. Really kind of hands-on that must be considering in no way our dog hype this is certainly with various blogs, forums. We appreciate you your own personal anything this valuable most useful file.

    Reply
  • 13th January 2021 at 10:00 am
    Permalink

    Wow, wonderful weblog format! How long have you ever been running a
    blog for? you made running a blog look easy.
    The full glance of your site is great, let alone the content!

    My web blog – o reilly stockton

    Reply
  • 13th January 2021 at 4:26 pm
    Permalink

    I’m extremely inspired along with your writing
    skills as neatly as with the format for your blog. Is this a paid
    theme or did you customize it yourself? Anyway keep up the excellent quality writing, it is uncommon to look a nice blog like this one today..

    Reply
  • 14th January 2021 at 10:07 am
    Permalink

    whoah this weblog is wonderful i love reading your articles.
    Stay up the great work! You recognize, lots of
    individuals are looking round for this information,
    you could aid them greatly.

    Reply
  • Pingback: Google

  • Pingback: Google

  • 1st February 2021 at 1:00 pm
    Permalink

    I used to be very pleased to search out this web-site.I wanted to thanks in your time for this excellent read!! I positively enjoying every little little bit of it and I have you bookmarked to check out new stuff you weblog post.

    Reply
  • 13th February 2021 at 1:00 pm
    Permalink

    Excellent items from you, man. I’ve keep in mind your stuff previous to and you’re simply extremely wonderful. I really like what you have received right here, really like what you are saying and the way in which you say it. You are making it enjoyable and you still take care of to keep it sensible. I cant wait to read far more from you. This is actually a tremendous site.|

    Reply
  • 14th February 2021 at 4:32 am
    Permalink

    When some one searches for his necessary thing, so he/she needs to be available that in detail, therefore that thing is maintained over here.|

    Reply
  • 18th February 2021 at 3:54 pm
    Permalink

    Thanks for the distinct tips shared on this website. I have realized that many insurance firms offer buyers generous discount rates if they prefer to insure several cars together. A significant amount of households include several autos these days, specifically those with elderly teenage young children still located at home, and the savings with policies might soon increase. So it pays off to look for a good deal.

    Reply
  • 19th February 2021 at 8:29 am
    Permalink

    Presumably the magazine doesn’t do deals with each source that it reproduces, so how does copyright law allow them to re-print editorial content that they don’t own without paying royalties?. . Also, can this law be applied internationally?.

    Reply
  • 7th March 2021 at 4:47 am
    Permalink

    Remarkable! Its truly awesome paragraph, I have got much clear idea concerning from this article.|

    Reply
  • 12th March 2021 at 7:59 am
    Permalink

    I do accept as true with all of the ideas you have offered in your post.
    They’re very convincing and will certainly work. Nonetheless, the posts are very quick for starters.

    May just you please lengthen them a little from next time?
    Thanks for the post.

    my site … Bmw key 7 series

    Reply
  • 13th March 2021 at 3:46 am
    Permalink

    Everyone loves what you guys are up too. This
    sort of clever work and reporting! Keep up the excellent works guys I’ve included you guys to our blogroll.

    Feel free to surf to my site bmw f30 key

    Reply
  • 15th March 2021 at 4:50 pm
    Permalink

    I have been exploring for a bit for any high quality articles
    or blog posts on this kind of house . Exploring in Yahoo
    I finally stumbled upon this site. Studying this info So i’m glad to show that I’ve a
    very good uncanny feeling I found out exactly what I needed.
    I so much surely will make sure to do not omit
    this site and give it a glance regularly.

    Review my web-site bmw 3 series key

    Reply
  • 16th March 2021 at 12:13 am
    Permalink

    Hi! I could have sworn I’ve been to this web site before but
    after going through some of the posts I realized it’s new bmw key fob
    to me. Anyhow, I’m definitely pleased I came across it and I’ll be book-marking
    it and checking back often!

    Reply
  • 24th March 2021 at 4:21 am
    Permalink

    Hi mates, its impressive article about tutoringand completely defined, keep it
    up all the time.

    Reply
  • 24th March 2021 at 7:05 am
    Permalink

    Its like you learn my mind! You appear to grasp so much approximately this, like you wrote the book in it or
    something. I feel that you simply can do with a few p.c.

    to drive the message home a bit, however other than that,
    that is fantastic blog. A fantastic read. I’ll definitely be back.

    Reply
  • 23rd April 2021 at 12:28 pm
    Permalink

    ventolin prescription: ventolin for sale – buy ventolin inhaler without prescription
    tadalafil 20mg best price

    Reply
  • 26th April 2021 at 3:00 pm
    Permalink

    erection pills that work ed drugs – cures for ed
    the best ed pill

    Reply
  • 10th May 2021 at 11:02 pm
    Permalink

    My family all the time say that I am wasting my time here at web, except I know I am getting know-how all the time by reading thes nice articles or reviews.|

    Reply
  • 17th May 2021 at 2:33 pm
    Permalink

    I’m extremely impressed with your writing abilities as neatly as with the layout to your weblog. Is that this a paid theme or did you modify it your self? Anyway stay up the excellent quality writing, it is uncommon to see a great blog like this one today..|

    Reply
  • Pingback: legitimate dating sites free

Leave a Reply

Your email address will not be published.