Skip to main content

Deputy Senate Ekweremadu sells off two US properties below market value to stop Nigerian government from seizing them

Deputy Senate President, Ike Ekweremadu, has reportedly sold two of his three properties in Kissimmee, Florida, United States of America to avoid them being seized by the Federal government.

According to SaharaReporters, the townhouses are located at 2747 Club Cortile Circle and 2763 Club Cortile Circle, Kissimmee, Florida. The properties which were bought in 2008 for $200,000 each were put on the market in January and sold for $150,000 to the same buyer on February 20 2018.

Both properties, according to SaharaReporters, were sold below prevailing market value by Ikweremadu and there are plans to also put the third one, situated at 4507 Stella Street, Bellavida Estate Kissime, Florida, up for sale, but he is yet to find a buyer.  The owner of the property said to be worth $500,000, is still listed as the Deputy Senate President, Ike Ekweremadu with his Enugu address clearly stated on the property did.

The two houses already sold were bought in January by a company, Y-Kat Enterprises Inc., with an address at 10143 Foxhurst Ct Orlando, Florida.
When SaharaReporters contacted the person listed as the owner, Mr. Russel Daya, he declined to speak with their reporters, claiming it was too late in the night. When asked if he knew Nigeria's deputy Mr. Ekweremadu, he answered in the negative and hung up immediately. The fire sale of the properties has, however, not concealed that they were previously owned by Mr. Ekweremadu.
Deputy Senate Ekweremadu sells off two US properties below market value to stop Nigerian government from seizing them

Documents exclusively obtained by SaharaReporters from Osceola County Tax Collector show  the deputy senate president as the taxpayer on the property at 4507 Stella Street, Bellavida Estate Kissime, Florida, till the end of 2017. 

A notice of Ad Valorem and non-Ad Valorem taxes from the tax collector, bearing Mr. Ekweremadu’s address of 4 Iyienu Street, Independence Layout, Enugu, showed that the Deputy Senate President paid a total of $6, 728.37 as tax on the house as at December 2017.
Deputy Senate Ekweremadu sells off two US properties below market value to stop Nigerian government from seizing them
On the property at 2747 Club Cortile Circle, Kissimmee, Florida, the tax collector’s documents showed that the Deputy Senate President paid a total of $1,665.91 as at December 2017. The document similarly bears Mr. Ekweremadu’s Enugu address. Likewise, the Deputy Senate President paid taxes on the one at 2763 Club Cortile Circle, Kissimmee, Florida.
A report published by Sahara Reporters last month, alleged that Ekweremadu owns 22 properties worth millions of dollars . Though registered in his name, many of the properties were missing from the Deputy Senate President’s asset declaration form he submitted to the Code of Conduct Bureau in 2015, an indication that he hid them to avoid questions on how he acquired them. The report showed that in addition to the three properties in the US, the Deputy Senate President did not declare his ownership of 11, Evans Enwerem Street, Apo Legislative Quarters, Abuja; Plot 2633 Kyami, Abuja; Housing Estate (Plot 1106 CRD, Cadastral Zone 07-07, Lugbe, Abuja; and Plot 2782 Asokoro Extension, Abuja.

Deputy Senate Ekweremadu sells off two US properties below market value to stop Nigerian government from seizing them
Similarly, he neglected to declare houses at Citi Park Estate, Gwagwalada; Plot 1474 Cadastral Zone BD6, Mabushi; Congress Court; Flat 1, Block D25, Athletics Street, (24th Street) Games Village; and Plot 66, 64 Crescent, Gwarimpa Estate, all in Abuja.

Two London properties, Flat 4 Varsity Court, Harmer Street, WIH 4NW, London; and 52 Ayleston Avenue, NW6 7AB, London; were equally omitted from his assets declaration form dated 5 June 2015.
In addition to these are his properties in the United Arab Emirates. These include Room 1903, The Address Hotel, Downtown Dubai; The Address Boulevard, 3901, Dubai; two Flats of Burij Side Boulevard (the signature), Dubai; Emirate Gardens Apartment No. EGG1/1/114, Dubai; Emirate Gardens Apartment No. EGG1/115, Dubai; and Apartment No. DFB/12/B 1204, Park Towers, Dubai.
Others are Flat 3604, MAG214, Dubai; and Villa No 148, Maeen 1, The Lakes Emirates Hills, Dubai.
The Federal government has already filed a motion at the Federal High Court in Abuja to freeze the undeclared assets traced to the Deputy Senate President.  The motion was filed on behalf of the Federal Government by Lagos lawyer, Festus Keyamo.

Comments

Post a Comment

Popular posts from this blog

Tyga and his 5-year-old son King Cairo sued by Simon Cowell's ex-fiancee

                        Tyga and his 5-year-old son are being sued over unpaid rent. According to TMZ, they are being sued by Simon Cowell's makeup artist and ex-fiancee,  Mezhgan Hussainy . The report claims that Tyga rented a  Beverly Hills  house from Hussainy for $40K a month. He moved in March of 2017 and was paying his rent until he stopped. In the report, Hussainy claims that the rapper stopped paying rent in January 2018. She's hoping to evict Tyga from her property and wants to get all of the rent back.  The suit against Tyga also lists his five-year-old son  King Cairo  because he listed him on the lease. In the suit, the child is listed as "other defendants." 
Post a Comment
Read more

APC youth leader shot dead by suspected armed robbers while attempting to rescue female petrol station attendant in Edo State

  Unknown gunmen suspected to be armed robbers on Wednesday, March 28, shot dead the youth leader of All Progressives Congress (APC) in Etsako West local government of Edo State, Samson Sedi. Sedi, popularly known as Power Remain, was allegedly killed by armed robbers while attempting to rescue a female petrol station attendant at  NNPC mega in Jattu, Etsako West Local Government Area, who was being robbed on Wednesday in Jattu. The Governor of Edo State, Godwin Obaseki, has expressed shock at the news of the brutal killing of Mr Sedi. "I was shocked on receiving the news of Mr. Samson Sedi’s death. My heart goes out to his family. I have ordered the relevant security agencies to arrest the killers and prosecute them without delay,” Obaseki said. He described the late Sedi as “a grassroots mobiliser, a philanthropist who cared for orphans and a great lover of people, whose death is a huge loss to Edo people and the APC.” “I learnt he was d...
Post a Comment
Read more

Father insists man who killed his pregnant daughter in Rivers State must marry her corpse before burial

The father of late Ozigie Betty Nwovueze, 32, who was killed by her boyfriend in Wimpy area of Rumuepricom,  Port Harcourt has insisted that the suspect must marry her corpse.    Prince Uwabie also known as J-Boy, 34, who is said to have a history of physically abusing the deceased, beat her on December 2nd until she slumped and died in his house. He hurriedly dug a grave inside his one room apartment and buried her. Read previous story  Here         The father of the deceased, Mr.Wilfred Nwovueze, insists the J-BOY, must marry the corpse of his daugther and perform the full traditional  marriage rites as the customs and tradition of Ndele people in Emohua local Government area.   Nwovueze told Journalists  on Thursday, December 6, that the marriage is in line with a compulsory traditional rites of Ndele people in Emohua Local Government Area of Rivers State where the deceased hailed from....
Post a Comment
Read more