The Rumour has it that Toke Makinwa’s luxury home was seized on Monday on social media over her inability to pay up a loan.
According to Gistmerchant blog on Instagram, Toke’s house was given to her by her “sugar daddy”, Lagos-based oil and gas businessman, Dr. Festus Fadeyi, whose total indebtedness to AMCON is over N240 billion.
Earlier this month, AMCON took possession of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited, its affiliate companies and other properties, over an unpaid N240 billion loan debt.
Recall that about a month ago, Toke revealed that she bought her dream house (the Banana Island house), at the age of 35.
It could be recalled that in 2017, billionaire Fadeyi’s children warned Toke to leave their father alone. They were angry with the way he splurges on her. They also believed he was squandering too much money on her even though he is heavily indebted to Skye Bank.
However, the Asset Management Corporation of Nigeria (AMCON) has said it is not after popular Nigerian media personality, Toke Makinwa, over unpaid debts.
AMCON’s spokesman, Jude Uwauzor, told PREMIUM TIMES, Thursday, that Ms Makinwa is not indebted to the agency as alleged on social media.
He said, “What I can tell you now is that Toke Makinwa is not an obligor of AMCON. An obligor is a debtor, people that are owing us money and I can confirm that she is not our debtor. Toke has also issued a statement to say it is not true.
“In Lagos State alone, we have a lot of assets we have taken over. A lot.
“Sincerely, I don’t know who Toke Makinwa is, I don’t know where she lives. Even if they say she lives in Lagos, I don’t know where she lives in Lagos. Some are saying Banana Island, forgetting that Banana Island is in Ikoyi and we have a lot of assets we have taken over in Ikoyi, including the federal secretariat.
“When somebody says they have taken over Toke Makinwa’s house as if everybody knows Toke Makinwa or where she lives. I am not sure she has published her address to say she lives in so so so place. It has been trending online since and nobody has mentioned Toke’s home address so we can confirm.”
According to Gistmerchant blog on Instagram, Toke’s house was given to her by her “sugar daddy”, Lagos-based oil and gas businessman, Dr. Festus Fadeyi, whose total indebtedness to AMCON is over N240 billion.
Earlier this month, AMCON took possession of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited, its affiliate companies and other properties, over an unpaid N240 billion loan debt.
Recall that about a month ago, Toke revealed that she bought her dream house (the Banana Island house), at the age of 35.
It could be recalled that in 2017, billionaire Fadeyi’s children warned Toke to leave their father alone. They were angry with the way he splurges on her. They also believed he was squandering too much money on her even though he is heavily indebted to Skye Bank.
However, the Asset Management Corporation of Nigeria (AMCON) has said it is not after popular Nigerian media personality, Toke Makinwa, over unpaid debts.
AMCON’s spokesman, Jude Uwauzor, told PREMIUM TIMES, Thursday, that Ms Makinwa is not indebted to the agency as alleged on social media.
He said, “What I can tell you now is that Toke Makinwa is not an obligor of AMCON. An obligor is a debtor, people that are owing us money and I can confirm that she is not our debtor. Toke has also issued a statement to say it is not true.
“In Lagos State alone, we have a lot of assets we have taken over. A lot.
“Sincerely, I don’t know who Toke Makinwa is, I don’t know where she lives. Even if they say she lives in Lagos, I don’t know where she lives in Lagos. Some are saying Banana Island, forgetting that Banana Island is in Ikoyi and we have a lot of assets we have taken over in Ikoyi, including the federal secretariat.
“When somebody says they have taken over Toke Makinwa’s house as if everybody knows Toke Makinwa or where she lives. I am not sure she has published her address to say she lives in so so so place. It has been trending online since and nobody has mentioned Toke’s home address so we can confirm.”
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