A luxurious Manhattan apartment previously owned by an on-the-run Nigerian billionaire is up for sale for $11million less than he bought it for.
Disgraced Nigerian energy businessman Kolawole 'Kola' Aluko, 48, bought Apartment 79 in the One57 building in 2014 for $51.9million.
And now as he tries to evade authorities - the penthouse apartment is now up for sale for just $39.9million.
The seller is apparently anxious to get rid of the property - as it is listed by a 'MOTIVATED SELLER!!!'
The property was supposed to be sold at a foreclosure auction in July.
However, that sale fell through for an unknown reason and it has now been put back on the market by a 'motivated seller'.
The 6,240 square foot apartment is described as a four bed, four-and-a-half bathroom penthouse with stunning views of Central Park, the Hudson and East rivers, the Empire State building and the Statue of Liberty.
It is described as a 'once in a lifetime investment opportunity' as it's the 'last remaining full floor residence at Manhattan's New Crown Jewel, One 57 Condominium.
Aluko bought the sprawling penthouse for $51.9million in 2014, but in less than a year later however he was forced to take out a $35.5million mortgage from Banque Havilland in Luxembourg to help pay for the apartment.
When the owner failed to pay the loan back a year later, the bank took possession of the 6,420-square-foot apartment, according to court documents.
'The home was in foreclosure, but it is now being sold by a third party as an alternative to foreclosure,' a source close to the property told the New York Post.
Aluko has been accused of making money by bribing Nigeria's oil Minister Diezani Alison-Madueke, in a $1.76billion dollar scheme to defraud the country's oil sale profits.
The justice department lawsuit claims that Aluko and one other laundered money by purchasing $144million in properties including the penthouse and yatch, where he is thought to be hiding out to evade arrest.
Beyonce and Jay Z rented that same yacht in 2015 for $900,000 a week.
Aluko is currently under investigation for alleged money-laundering crimes in Nigeria and Europe.
He was last seen in Hong Kong and May and his yacht is currently in the Bahamas.
In 2014 a Nigerian court tried to freeze his assets - including the jaw-dropping penthouse, but never found him to serve papers.
from dailymail
Oga Aluko vomit our money
ReplyDeleteStella you no get better picture of this man. Upon the money, he still worwor. permit me to use that for him
ReplyDeleteKola kola! Naomi Campbell's boyfriend (or handbag?). Wehndonesah 💪💪
ReplyDeleteThis one na COAT abi na SUIT...He use needle and thread sew the COAT ni..
ReplyDeleteHe's in a tailoring shop getting his suit bespokely made, I guess.
DeleteIf you look at the picture you will see he's at a professional tailor's fitting room 😊 He's most likely trying to get bespoke tailored suits. And they can be quite quite expensive 👌🏽
Delete😂
DeleteWith his face like that of a beaver.wehdone sir
ReplyDelete😂😂😂girl you did not just say beaver...😂😂😂😂😂
DeleteSee his thieving dentition. Mschewwww
ReplyDelete😂😂😂😂😂😂
DeleteHe just looks like a tout in a nice environment😂
Waste of our resources. This amount could put up a good standard hospital or any other business in Nigeria, at least to employ our youths. Ndi ara.
ReplyDeleteThey lack wisdom to do the right thing only to steal and keep stealing.
Delete#Hang out with people who make you forget to look at your phone*
ReplyDeleteDo face like yam
ReplyDelete......That he couldn't whiten his teeth???
ReplyDeleteWell done Jare bros,keep running and 'outsmarting' awa Naija authorities!!
ReplyDeleteIf I patronise you, my money is at risk then.
DeleteNa so you dey use 'outsmart'those wey dey patronize u baa?criminal tendency exposed
DeleteI saw him in Hong Kong, liking very trim. He's lost a bunch of weight.
ReplyDelete