Explore Nigeria’s Most Expensive House: Land Alone Valued At A Billion Naira In Possession Of A Nigerian Businessman Linked To Allegations Of A 500 Million Dollar Bribe In Italy’s, Malabu Oil Scandal.
Explore Nigeria’s Most Expensive House: Land Alone Valued At A Billion Naira In Possession Of A Nigerian Businessman Linked To Allegations Of A 500 Million Dollar Bribe In Italy’s, Malabu Oil Scandal
Written By Oshiobugie Omo-Ikirodah
Presenting the epitome of luxury in Abuja, this billion-naira mansion owned by Abubakar Aliyu, the chairman of AA Oil, stands as the most exquisite private property in the capital. The land alone, acquired for a staggering one billion Naira (N1 Billion), adds to the allure of this opulent estate. CONTINUE READING
Notably, Abubakar Aliyu played a pivotal role as the first prosecution witness in the money laundering charges against Adoke, Ex- AGF. Adoke faced accusations of accepting a $500 million bribe from ENI and Shell in Italy. The charges detailed an alleged cash payment of N300 million in August 2013 in Abuja, violating the Money Laundering Prohibition Act. Abubakar, wanted in Italy, was implicated as a conduit for the bribe. Despite his denial of any wrongdoing, an Italian court, in March 2021, cleared Eni and Shell of corruption allegations related to a $1.3 billion oil block purchase, asserting that there was no case to answer.”
It was also reported years back the house eyed by most Nigerians was sealed by the anti-graft agency.