LBW

Monday, 27 July 2020

Toke Makinwa: Confusion over Ikoyi-runz-profit property


In the early hours of today, there were reports that Toke Makinwa’s Ikoyi home has been repossessed by the Asset Management Corporation of Nigeria, AMCON.




It is understood that the house, located in the exclusive Banana Island of Lagos State was taken over by AMCON over the inability of the owner to service some debts.


Some reports also had it that the house was given to Makinwa by Lagos-based oil and gas businessman, Dr. Festus Fadeyi, whose total indebtedness to AMCON is over N240 billion.


She has however debunked the online reports in a statement released this evening by her publicist, Andrea Manuela Giaccaglia.


The reports states that Toke is the sole owner of her Ikoyi property and that it has not been confiscated by AMCON.


The statement added that legal action will be taken against those who started the rumours that her house has been taken over by AMCON!

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