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Revealed: Alleged Money Launderer, Kola Aluko’s Properties, Mansion in Switzerland…

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Photos and details of a multi-million dollar home in Switzerland owned by Kola Aluko, a suspected money launderer for former President Goodluck Jonathan and Petroleum Minister, Diezani Alison-Madueke have been obtained by Saharareporters. Mr. Aluko’s palatial home is nestled in the beautiful canton of Ticino, in southern Switzerland. Ticino is renowned for its mild winters and boasts some of the highest number of sunshine hours in Switzerland. Continue reading…

In a week when UK law enforcement authorities arrested Mrs. Alison-Madueke in London and agents of the Economic and Financial Crimes Commission (EFCC) searched her homes in Nigeria, Mr. Aluko was reportedly holed up in his Swiss mansion located at Catonale 17, 6948 Porza in Tocina, according to a source familiar with his whereabouts. Mr. Aluko is famous as one of the hitherto obscure individuals dusted up by the former Petroleum Minister to be fronts for her shady billion dollar schemes in the oil sector. A flamboyant man, Mr. Aluko relished his meteoric rise to stupendous wealth, purchasing villas, expensive cars, and a yacht, dating former supermodel Naomi Campbell, and partying with movie and entertainment stars in the UK, Europe and the US.

Several reports have been written about Mr. Aluko’s role as one of the launderers of billions of dollars illicitly cornered by the embattled former Minister of Petroleum and former President Jonathan.

An investigation pointed to a falling out between Mr. Aluko, on the one hand, and Mrs. Alison-Madueke and Mr. Jonathan, on the other. The major contention was centered on Mr. Aluko’s indiscreet and flashy lifestyle, which triggered the former minister’s fears that his opulent acquisitions and taste could attract unwanted attention. According to sources close to both parties, the relations between Mrs. Alison-Madueke and her front soured badly after Mr. Aluko was seen in numerous photographs accompanied by Ms. Naomi Campbell. They said Mr. Aluko stopped traveling to Nigeria and absconded with a massive amount of looted money he was supposed to launder for Mr. Jonathan and the former Petroleum Minister.


Intelligence documents leaked described Mr. Aluko as a “money launderer” and “money manager,” for elite politicians in Nigeria—especially Mrs. Alison-Madueke. The documents claimed that Mr. Aluko purchased several real estate properties in Los Angeles and New York for as much as $23 million. SaharaReporters has also learned that hip-hop power couple, Jay Z and Beyoncé, spent a vacation on Mr. Aluko’s $50 million yacht.

Mr. Aluko’s Swiss estate, known as Villa Rezzonico, is described by one Italian language newspaper as having “an area of 1,400 square meters, dozens of rooms, and is surrounded by a park of 4,700 square meters with a swimming pool, fitness area and several oases for relaxation.” The paper described the villa as “one of the most beautiful architectural relics of the early twentieth century or twentieth century in Switzerland.” The newspaper identified Mr. Aluko as the new owner of the mansion, adding that he carried out significant renovations and equipped the property with a sophisticated security system.

As part of our ongoing investigation into Mr. Aluko’s role as a money launderer, our correspondent rang his home number, +41 91 940 27 14. An employee who answered the call confirmed that Mr. Aluko lived at the house, but claimed he was “unavailable to speak on the phone.” This employee told our correspondent that she would pass the message to Mr. Aluko. However, he did not return our call at the time of this publication.

Mr. Aluko’s sudden wealth came from his ownership of Atlantic Energy, a shady firm that received generous oil export contracts from the Nigeria National Petroleum Corporation (NNPC) six months before it was legally established as a company. Mrs. Alison-Madueke also recommended the award of at least five oil blocks to Atlantic Energy.

Mr. Aluko also owns Tenka AG, a company based in Zug, Switzerland that was formed in late 2012. Tenka AG is described as a food and hospitality company and owns a capital of 500,000 Swiss francs.

Source: Saharareporters

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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