Stella Dimoko Korkus.com: Wanted Nigerian Billionaire Kola Aluko Puts Up His $51m Apartment For Sale For Just $39m

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Thursday, 21 September 2017

Wanted Nigerian Billionaire Kola Aluko Puts Up His $51m Apartment For Sale For Just $39m

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

20 comments:

Miss Ess said...

Oga Aluko vomit our money

Yori Yori Princess Loveme Jeje said...

Stella you no get better picture of this man. Upon the money, he still worwor. permit me to use that for him

Chikito The Professional Fire for Fire a.k.a Ugegbe Chike Teflon said...

Kola kola! Naomi Campbell's boyfriend (or handbag?). Wehndonesah πŸ’ͺπŸ’ͺ

Hot P!nk Lips said...

This one na COAT abi na SUIT...He use needle and thread sew the COAT ni..

Cakes by LuliGrace (London) said...

He's in a tailoring shop getting his suit bespokely made, I guess.

Chikito The Professional Fire for Fire a.k.a Ugegbe Chike Teflon said...

If 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 πŸ‘ŒπŸ½

Esther Mgbolu said...

With his face like that of a beaver.wehdone sir

Lipstickalley said...

See his thieving dentition. Mschewwww

Rhoda Rex said...

πŸ˜‚

Queen_Bee said...

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.

St.FranKooL.... said...

#Hang out with people who make you forget to look at your phone*

jelly said...

Do face like yam

Anonymous said...

......That he couldn't whiten his teeth???

TheLagosShopper(Goods and services 4rm the popular Lagos markets to anywhere in naija?07030493148) said...

Well done Jare bros,keep running and 'outsmarting' awa Naija authorities!!

Anonymous said...

πŸ˜‚πŸ˜‚πŸ˜‚girl you did not just say beaver...πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

Yemi7up said...

They lack wisdom to do the right thing only to steal and keep stealing.

Anonymous said...

If I patronise you, my money is at risk then.

The General's Wife said...

πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚


He just looks like a tout in a nice environmentπŸ˜‚

Anonymous said...

Na so you dey use 'outsmart'those wey dey patronize u baa?criminal tendency exposed

SashaJames2 said...

I saw him in Hong Kong, liking very trim. He's lost a bunch of weight.

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