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He only recently (7 months ago now-December 2016 to be more precise) moved to his humongous Parkview palatial home, known to all as the “Palacio de Okeowo”, which still induces gasps from all and sundry who has seen it, for the sheer opulence. That property is conservatively valued at about ₦4billion Naira, land was bought for ₦1billion Naira and building built for ₦3billion, the edifice that we start describing from now till tomorrow is said to be a copy of one the most decadent and luxurious French palaces. The white 3 floors Victorian styled building overlooking the sea at one part, is said to be the biggest property of its kind bar none in Parkview, Ikoyi, Lagos area. What that means in actual fact, is that it has ‘dusted’ the former number 1 biggest one said to be owned by Musa Danjuma, younger brother of General TY Danjuma retired. Imagine someone sandfilling and claiming a good 5000 square metres of the sea to add to his land to build his property! The building took all of 11 months for it to be ready. The gargantuan edifice is built on 5 acres of prime land. This house which can stand side by side with any from any part of the world, has all the comforts that money can buy. It is stupendously cladded with marble in and out. The penthouse’s view can take one’s breath away as it overlooks the sea on one part and the stupendous view of Parkview on another part. It came with its own helipad, jetty and 40 seater private chapel, where the angels themselves would attest to the upscale taste of the owner of the property, the place is called “Solomon’s Chapel of Faith, named after the avowed wisest king of all to have ever lived. The facilities are 5-stars to 7-stars all the way, from the Lawn Tennis Court, to the Basketball Court, to Olympic Size Swimming Pool. It is a 16 room wonder of opulence that other confirmed rich men, admire and pray to be able to build too. Fountains and figurines of Roman era mythical characters share space all over the expansive compound. Everything is super well appointed and detailed. Obvious attention to detail is noticed everywhere. From the gargantuan pillars to ornate doors etc. Sir Olu Okeowo, just clocked 52 years old, just a few days ago and the dazzler of mean repute tickled every one’s fancy all over again last week, in a way and manner they hadn’t been tickled of recent, when his standout, dual toned chariot of an automobile landed with much aplomb and razzmatazz! The car is a special one by all ramifications, one that was made to strict specifications for him. It even has a special number plate. From the little information we could garner, there are [only just 50] of the cars made in the whole world and one of these special cars is owned by the property Czar and exemplary philanthropist, Olu Okeowo. That the Knight of the Anglican church (John Wesley Church to be more precise) is a car buff, is like saying he eats food and drinks water. His extraordinary garage speaks “hyperbolic volume”, of how far gone his love for special machines goes. He has in good numbers some of the best ones money can afford. Just imagine one man already owning 6 out of this world Rolls Royce. We hear that Sir Olu Okeowo was the only Nigerian and probably African that was recently invited to a special gathering of Rolls Royce owners held just last month, May of 2017. Apart from the many Rolls Royces, which would have set him back by a few million Pounds or Dollars, (6 Rolls Royce at an average cost of $200000, which is just starters would total a whopping $1.2 million Dollars), this wealthy property owner, also owns a few other, talk of the town automobile likes of Range Rovers, Mercedes Benz G Swag, Bentley and other gasp inducing range of cars. All of which are specially parked in their own, well air-conditioned homes (garages) to keep them in the best atmosphere and conditions. The value of cars in the garage(s) of this “philanthropist par excellence”, who we hear doesn’t play with anything that has to do with God, we hear can be as conservatively valued as $3million plus, that’s close to ₦1.2 billion Naira, if not more. Someone we know who is also very liquid spoke of Sir OKEOWO in awe and very hyperbolic terms saying, he is in a class of his own. Quoting the person, the dude said “Mate knows their mate”, this dude is world’s apart from many. This newly arrived baby, for which we heard a red carpet was set up to welcome it, is in a class of its own and most definitely takes the cake. It is valued at several hundreds of thousands of dollars and it is intimidating by all standards. The car in question is a “Bentley Mulsanne Extended WheelBase Limited Edition”, of which only 50 were made, Olu Okeowo’s own been the 13th one in the series. Meanibg he his one of the 50 envied owners of such a car. The car is a 2-tone wonder (better referred to as dual tone) masterpiece, with the top a bronze goldish colour and body part grey-silvery colour. The Blue 2 tone colour of the Mulsanne range was bought in March 2017, by Davido’s dad for his birthday, only that it’s not a limited edition extended wheel-base super car like the Okeowo’s type. Sir Okeowo’s masterpiece which is reputed to be a full option, is said to be about $400000 dollars, that’s ₦160,000,000 million Naira at $1 to ₦400, shipping cost about $6000 dollars, that’s another ₦2,400,000 Naira added, and car was probably cleared for another humongous amount making a total of ₦222,400,000 million Naira only, just for one car!!!! Heard the car was a birthday present for his 52 birthday. One of those at that birthday party was his very good friend, the former President of Ghana, John Dramani Mahama. We head Sir Okeowo and President Jacob Zuma of South Africa are also very good friends. The “Bentley Mulsanne Extended Wheel Base” is the most comfortable and luxurious of the Mulsanne range. It offers first class air-travel experience on road. It is said to be the “new benchmark in comfort and refinement”, moving from 0-60mph in 5.3 secs. Truly when you are big, you are B.I.G!!! And for the man whose surname “Okeowo” loosely translates as ‘carer of money’ “lord of money” or better put “Custodian/owner of Wealth” he is totally and totally in an esteemed class of his own. Salute to the “Generalismo in the field of wealth”. Like someone rightly said, it is not about having the money and you be rated as rich this, rich that, it is about you being able to spend it! So can you do like Sir Olu Okeowo?

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Between Gov. Hope Uzodimma And Imo Hoteliers…….



Governor Hope Uzodimma has prevented the proposed strike by the Imo Hoteliers Association.

The strike was scheduled to commence on Tuesday but the Chairman of the association, Mr. Chima Chukwunyere announced in Owerri that the strike has been suspended.

Chukwunyere said that the proposed strike was suspended after due consultations with Gov. Uzodimma.

According to him, Uzodimma promised to personally intervene to solve all the outstanding issues raised by the association.

“The governor condemned the actions of sealing and looting of the hotels illegally and directed that no ministry should use consultants in revenue collection.

” He promised to convene a meeting of the executives of the Imo Internal Revenue Service and those of the Nigeria Hotel Association, Imo chapter, to harmonize the demand notice issued to the hoteliers.“

Chukwunyere said that the governor also advised members to pay taxes to enable the Imo government to function and serve the state better.

The association on Sept. 10 threatened to embark on strike over alleged multiple taxations, illegal sealing of hotels, and unprofessional conduct of revenue collectors.


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Despite his “expulsion”, ADC presidential candidate, Kachikwu, makes INEC list



Mr Kachikwu was expelled from the party last Friday by the Ralph Nwosu-led NWC.

The embattled presidential candidate of the African Democratic Congress (ADC), Dumebi Kachikwu, has been named among candidates validly nominated by political parties for the 2023 presidential election despite his “expulsion” from the party.

Mr Kachikwu was among the 18 presidential candidates approved by the Independent National Electoral Commission (INEC) on Tuesday.

The Ralph Nwosu-led National Working Committee (NWC) of the party announced the expulsion of Mr Kachikwu from the party last Friday for alleged anti-party activities.

He was expelled along with seven other key party leaders following the recommendation of a seven-member disciplinary committee earlier set up by the ADC NWC. The NWC had earlier on 2 September placed the presidential candidate on suspension.

Mr Nwosu, in a statement issued late Friday, said the disciplinary committee found Mr Kachikwu guilty of allegations of gross misconduct, and gross violations of its constitution, among others.

But in its reaction the following day, the interim leadership of the ADC dismissed Mr Kachikwu’s purported expulsion.

The interim National Chairman of the Party, Patricia Akwashiki, in a statement, described the action of the erstwhile chairman, Mr Nwosu, as the antics of a sinking man clutching at straws.

The crisis rocking the ADC has its genesis in the call for the resignation of the national chairman by 27 state chairmen of the party, having spent 17 years in the office.

At the time of filing this report, we could not confirm if the party’s leadership had made formal or legal requests to the commission to remove the candidate from the list.

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Stella Obasanjo’s brother, John Abebe, arraigned for fraud



Dr. John Abebe, the younger brother of a former First Lady, Stella Obasanjo, was on Monday arraigned by the Economic and Financial Crimes Commission on Monday before the Lagos State Special Offences Court in Ikeja over allegations of fraud.

Abebe was arraigned alongside a former Head of Firstbank Plc, United Kingdom Correspondent Office, Kamoru Alade Oladimeji, before Justice Olubunmi Abike-Fadipe on six charges of conspiracy, stealing, and obtaining money under pretence.

Part of the counts against the defendants read: “That you, Dr. John Abebe and Kamoru Alade Oladimeji, on or about the 4th day of June 2013 in Lagos within the jurisdiction of this Honourable Court conspired amongst yourselves to commit felony to wit; stealing the sum of N120 million worth of property of Arsenal Technologies Limited.”

“That you, Dr. John Abebe and Kamoru Alade Oladimeji, on or about the 4th day of June 2013, in Lagos within the jurisdiction of this Honourable Court conspired amongst yourselves to commit felony to wit; obtaining by false pretence the sum of N120 million property of Arsenal Technologies Limited under the pretence that your property lying being and situate at 9, Magbon Close, Ikoyi-Lagos State, which you pledged as the security to the Arsenal Technologies Limited was unencumbered, which representation you knew to be false.”

“That you Dr. John Abebe and Inducon Nigeria Limited, on or about the 4th day of June 2013, in Lagos within the jurisdiction of this Honourable Court, with intent to defraud and to gain for yourself the sum of $1,000,000.00 or its Naira equivalent from Arsenal Technologies Limited by false pretence to procure the execution of valuable security to wit; a deed of assignment between Inducon Nigeria Limited and Arsenal Technologies Limited, wherein you falsely claimed that the property lying being and situate at No. 9, Magbon Close, Ikoyi-Lagos was unencumbered and that you have full powers to assign and transfer the said property to the assignor; Arsenal Technologies Limited.

According to EFCC, the offences committed are contrary to Sections 280(1), (12), 8 (7), 285(1) and 278(1)(b) of the Criminal Laws of Lagos State, 2011.

The defendants, however, pleaded not guilty to the charge.

Following their plea, the prosecutor, Sulaimon urged the court to fix a trial date and to remand the defendants in the custody of the Nigerian Correctional Services until the hearing and determination of the charge.

However, the defense counsel, Anthony Popo and Sam Etaifo urged the court to grant their clients bail in the most liberal terms.

While moving the bail application on behalf of Abebe, Popo told the judge that the matter before her is a commercial transaction between the first defendant and the nominal complainant, which he is ready to settle out of court.

He also claimed that Abebe had paid back the sums of $100,000 and N30 million to the complainant and had also deposited the title document of 26 acres of land and the documents of a property in London to show his seriousness to resolve the matter.

The lawyer further submitted that the defendant would not jump bail since he never violated the terms of the administrative bail granted to him by the EFCC.

The prosecutor did not oppose the application but urged the court to impose stringent terms that will ensure the defendant’s appearance in court for their trial.

In her ruling, Justice Abike-Fadipe granted the first defendant bail in the sum of N20 million with one surety in like sum.

She directed that the surety must be a resident of Lagos and must deposit the title document of a land property whose value must not be less than N20m

The judge also admitted the second defendant to bail in the sum of N10m with one surety in like sum, who must be a resident of the state.

Justice Abike-Fadipe further ordered that the defendant shall continue to enjoy the administrative bail earlier granted to them by the EFCC but if they failed after seven days to perfect the terms of the bail she granted them, they shall be arrested and remanded in prison.

She adjourned the case to December 6 for commencement of trial.

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