4.17.2019

Nigerian Billionaire, Igho Sanomi Forfeits Private Jet, Properties In London To Bank Over $3m Debt


A Nigerian billionaire and businessman, Igho Sanomi has lost three of his apartments, private jet in London to Swiss Bank over $3m debt. 

It was said that Sanomi was a guarantor for a credit facility extended to one of his companies by Credit Suisse Group AG.

In addition to this, Banque Cantonale de Geneva has already made a freezing order against his properties in London, joining ING Groep NV that also filed a suit against Sanomi over Taleveras’s unpaid debts.

Andrew Brown, a counsel to Credit Suisse, said “three properties owned by Sanomi, including apartments in Chelsea, West London, and Belgravia, in the heart of London’s diplomatic quarter, have already been identified as assets that may have to be forfeited if he loses”. As written to a London court last week.

According to the Swiss bank's lawyer, Sanomi and his lawyers affirmed knowledge of the case but failed to respond to the charging orders. "Sanomi has not put in any defence or objection to the charging orders”.


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