Igho Sanomi, young Nigerian billionaire forfeits his private jet to creditor

04/19/2019

Posted by: Oluwaseun Adeniji

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A young Nigerian billionaire, Igho Sanomi has lost his private jet to creditor and is about to forfeit his assets in London to pay other debts. Click here for full story!

Recently, a billionaire and an oil mogul lost his private jet to Suisse Group AG in servicing his $3 million debt. It was also learnt that he might also lose his three apartments located in London.

In a statement officially made by Andrew Brown, the Credit Suisse’s lawyer, Sanomi was found to stand as a guarantor for a credit facility being enjoyed by one of his companies.

His apartments in Chelsea, west London, and Belgravia, at the diplomatic quarter in the middle of London have been pinpointed as assets that he might forfeit if he loses the case in court.

image-of-sanmi-properties-forfeited-to-debt

Looks like there is fire on the mountain for Igho Sanomi if he loses the case in court over forfeiture

Banque Cantonale de Geneva is another lending institution asides the Credit Suisse, making Sanomi’s properties as target for debt servicing. A freezing order has already been made against his properties in London.

In accordance to report on document filed by a separate court last October, ING Groep NV has also filed a lawsuit against Sanomi’s company, Taleveras, for unpaid debts.

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Despite these potential financial setbacks, that doesn’t take away the business brilliance of Igho Sanomi, who was born on May 17, 1975. He is a geologist, philanthropist and public speaker with interests in maritime industry, aviation, telecommunication, oil and real estate.

>>> Catch up on more auto news & traffic update here on Naijauto news section!

Oluwaseun Adeniji
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Oluwaseun Adeniji

Oluwaseun Adeniji

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Oluwaseun Adeniji is a passionate writer and a poet with special interest in writing about cars. He is a master degree holder in international conflict and management. He enjoys feeding the public with the latest auto gist and well researched car reviews. He is also a strong football lover. So, if Oluwaseun is not writing, expect him to be reading about sports.

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