How Nigerian Oil Firms Gulped Tennis Star, Boris Becker's £100million, Made Him Bankrupt - The Herald Nigeria

How Nigerian Oil Firms Gulped Tennis Star, Boris Becker’s £100million, Made Him Bankrupt

A tennis superstar and Wimbledon legend, Boris Becker, has been declared bankrupt after losing a total of £100million of his fortune in the Nigerian oil business.

The huge loss of his fortune to dubious investments in Nigerian oil firms was revealed by a German news magazine, Der Spiegel.

The news magazine cited documents obtained from soccer whistleblowing platform, Football Leaks, which revealed that the tennis legend, Becker, struck the deal in 2013, a deal which contributed to his bankruptcy.

Spiegel said the ‘mega-deal’ between the dubious Nigerian oil firms and the tennis star was brokered by a Canadian firm and a Nigerian employee of Becker.

Becker, the 1985’s first unseeded player to win the Wimbledon men’s singles was according to the document revealed to have held shares in an oil and petrol firm in Nigeria.

The investment however tanked last month contributing to his bankrupt status.

Becker’s lawyer, John Briggs, told the London court: “He is not a sophisticated individual when it comes to finances.”

The 49 year old whose fortune was once estimated at an upwards of £100million was declared bankrupt over undisclosed sums owed to London-based private bankers Arbuthnot Latham & Co since 2015.

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Owolabi Oluwasegun

Content creator, aggregator and consultant. Lover of Conspiracy theories, unpopular opinions and defender of the underdogs.

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