A controversial Nigerian Oil Tycoon, Kola Aluko has been reported by the Los Angeles Times to have sold his Bel-Air, Los Angeles mansion.
The outright offload of the mansion comes as the Nigerian and European authorities delve into investigation connecting the Oil Tycoon to a series of money-laundering and fraud-related crime cases.
The home which was purchased in 2012 for about $27.5 million was sold at a $3 million loss of $24.5 million.
According to the news source, the embattled Nigerian Oil Tycoon listed the home off in an off-market transaction using a limited liability company.
The 46-years-old Aluko has been linked to the former Nigerian petroleum Minister, Diezani Alison-Madueke who is currently being heavily investigated along with her associates by the Nigerian Government for series of corruption related offences.
See the Photos of the home which he sold off at the $3 million loss
Leave a Reply