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Nigerian oil tycoon and billionaire Kola Aluko‘s $50.9 million penthouse in the Billionaires’ Row building in New York has been foreclosed after failing to make mortgage payments.

Oil magnet Kola Aluko’s $50.9m New York Penthouse Foreclosed

A view of Central Park, taken from the Top of the Rock Observation Deck, showing the One57 building at left of picture on July 24, 2015 in New York. Super tall, super skinny and super expensive: a new generation of New York skyscrapers, some taller than the Empire State building, are altering the world’s most famous skyline. AFP PHOTO/WILLIAM EDWARDS (Photo credit should read William Edwards/AFP/Getty Images)


The billionaire, who is wanted by the Nigerian government for charges of money laundering, acquired the 6,240-square-foot full floor penthouse in December 2014 under a shell company listed in public records as One57 Inc.

A Luxembourg based Bank Banque Havilland, from which the Aluko took a $35.3million mortgage, according to New York Post is forcing a sale and has listed Aluko’s 213-foot yacht the Galactica Star as collateral, after the billionaire failed to repay the mortgage which was due a year later.

It is suspected that Aluko is hiding out on the Galactica Star, which he rented to JAY-Z and Beyoncé in 2015 for $900,000 a week.

Besides the unpaid mortgage, Aluko also owes property taxes and maintenance fees.

The apartment is scheduled for auction on July 19, according to real estate data firm PropertyShark.

The businessman is also close friends with Leonardo DiCaprio and made a large donation to DiCaprio’s environmental charity as well as attended the actor’s birthday party in New York City in 2013.
Kola-Aluko
The energy tycoon sold a 2.4-acre estate in Montecito, California, to Gwyneth Paltrow for an undermarket $4.9million dollars.

In 2012, he bought an 11,478-square-foot house in Bel Air for $24.5 million, then sold the property in 2016 for $21.5 million.

He also owns a home in Beverly Hills that was also purchased in 2012 for $14.7 million.

Aluko is also avoiding Nigerian authorities who tried to freeze his assets in February as part of a money-laundering probe.

Apartment 79 was sold to a Aluko in December 2014 for $50.9 million, making it the eighth most expensive unit in the building, according to New York City property records.

Less than a year later however, he took out a $35.5 million dollars mortgage from Banque Havilland in Luxembourg to help pay for the apartment.

When Aluko failed to pay the loan back a year later, the bank took possession of the 6,420-square-foot apartment, according to court documents.

Now the bank is planning to auction off the four-bedroom apartment on July 19 to regain the mortgage plus interest.

“It’s probably the most-expensive foreclosure we’ve ever seen in luxury development. I don’t know of a foreclosure that’s larger than that,” Donna Olshan, president of high-end Manhattan brokerage Olshan Realty Inc., told newsmen.

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Lionel Messi welcomes Baby #3

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It's a Goal!!!: Lionel Messi & wife Antonella Roccuzzo expects third child

Lionel Messi welcomes Baby #3

Barcelona forward Lionel Messi has again proved that he is a sharp shooter after he confirmed the birth of his third child.

The Argentine pulled out of the Barça squad due to face Malaga in La Liga on Saturday due to the big news.

Messi confirmed the arrival of Ciro on Instagram, publishing a photograph of the newborn holding his father’s hand and revealing that everything had gone well.

Lionel Messi welcomes Baby #3

“Welcome, Ciro!” Messi wrote. “Thanks to God, everything went perfectly. Mother and baby are doing really well. We are super happy.”

Barcelona announced that Messi had withdrawn from the game in Andalusia for “personal reasons” and it was later reported in the Catalan press that his wife, Antonella Roccuzzo, had given birth earlier in the day.

Messi and Antonella, who got married last summer in their native Rosario, already had two sons, Thiago, 5, and Mateo, 2.

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I feel 16 again; Uriel Oputa unveils the Mystery Man

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I feel 16 again; Uriel Oputa unveils the Mystery Man

I feel 16 again; Uriel Oputa unveils the Mystery Man

2017 BBNaija housemate Uriel Oputa seems to have finally found love as she took to her instagram page to share some amazing pictures.

The pictures she shared were some new images from a bridal shoot she took accompanied with a caption that got many asking if Uriel is set to walk down the aisle.

One of the photos which sees Uriel rocking a figure-hugging black dress striking a loved-up pose with a male model saw her writing;

”I am sprung from Lagos to my village and back I can not front, this man has made me laugh � all day my belly hurts, I feel 16 again, he has got me locked from the first sight of him does he know this, this can not be lust, this definitely feels like love ❤ mother i have a man finally can you hear me.”

More photos below;

I feel 16 again; Uriel Oputa unveils the Mystery Man

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Zambia Deports Zodwa Wabantu for not Putting on Her Panties

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Zambia Deports Zodwa Wabantu for not Putting on Her Panties

Zambia Deports Zodwa Wabantu for not Putting on Her Panties

Zambian immigration authorities on Saturday deported soutry South African dancer Zodwa Wabantu.

The popular erotic dancer was deported because she dances without underwear, the dancer’s promoter said.

Zodwa was billed to perform at an album launch later on Saturday evening, but was sent back when she landed in the morning at the Kenneth Kaunda international airport.

“I can confirm that Zodwa has been deported back to South Africa by the immigration department,” her promoter Lucky Munakampe told AFP, adding no reasons were given for her deportation.

Immigration department officials were not reachable on their phones for comment.

Zambia Deports Zodwa Wabantu for not Putting on Her Panties

Zambia’s religious affairs minister Godfridah Sumaili told AFP last week that Zodwa would not be allowed to perform in the country.

“Zambia is a Christian nation where morality and ethics have to be followed. We don’t expect a woman to dance without underwear,” Sumaili said.

Zambia is a largely conservative country where the majority of people practice Christianity.

Last year the censorship board in neighbouring Zimbabwe barred Wabantu from performing at an annual carnival after a protest by a local actress.

Following a backlash, censorship authorities later backtracked and allowed Wabantu to perform at a private venue, but she refused to go saying she was afraid.

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