…Toke Makinwa allegedly got her Banana Island home last month loses it to AMCON
Nigeria’s Media Personality and Actress, Toke Makinwa has lost her house located on the Banana Island of Lagos to Nigeria’s bad bank, the Asset Management Corporation of Nigeria (AMCON).
Reports say the expensive house which was bought for her by Lagos based oil magnate, Festus Fadeyi has been seized by AMCON as parts of efforts to recover the N240 billion debts owed by the businessman.
This comes weeks after AMCON took ownership of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited and its allied firms alongside other luxurious assets in his possession.
The gist is that Mr Yadeyi had gifted the home to Ms Makinwa, but had to list it as part of his assets when AMCON turned the heat on him.
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Surprisingly, this is coming just a year after the famed feminist disclosed how she worked hard and smart to buy the luxurious dream house at the cost about N260 million.