Friday, 5 Jun 2026
  • My Feed
  • My Interests
  • My Saves
  • History
  • Latest Updates
Subscribe
WITHIN NIGERIA
  • HOME
  • NEWS
  • ENTERTAINMENT
  • FACT CHECK
  • 🔥
  • FEATURES
  • POLITICS
  • SPECIAL REPORTS
  • ANALYSIS
  • SPORTS
  • NOLLYWOOD
  • EDUCATION
  • OPINION
  • BUSINESS
  • LIFESTYLE
  • HEALTH
  • TECHNOLOGY
  • PRESS RELEASE
Font ResizerAa
WITHIN NIGERIAWITHIN NIGERIA
  • HOME
  • NEWS
  • ENTERTAINMENT
  • FACT CHECK
Search
Have an existing account? Sign In
Follow US
© WITHIN NIGERIA MEDIA LTD. All Rights Reserved.
National

Ekweremadu reportedly sells off 2 US properties below market value to stop Govt from seizing them

Last updated: March 23, 2018 7:45 pm
Adesina .O (Teekay)
Share
SHARE

According to SaharaReporters, the townhouses are located at 2747 Club Cortile Circle and 2763 Club Cortile Circle, Kissimmee, Florida. The properties which were bought in 2008 for $200,000 each were put on the market in January and sold for $150,000 to the same buyer on February 20 2018.

Both properties, according to SaharaReporters, were sold below prevailing market value by Ikweremadu and there are plans to also put the third one, situated at 4507 Stella Street, Bellavida Estate Kissime, Florida, up for sale, but he is yet to find a buyer. The owner of the property said to be worth $500,000, is still listed as the Deputy Senate President, Ike Ekweremadu with his Enugu address clearly stated on the property did.

The two houses already sold were bought in January by a company, Y-Kat Enterprises Inc., with an address at 10143 Foxhurst Ct Orlando, Florida.

When SaharaReporters contacted the person listed as the owner, Mr. Russel Daya, he declined to speak with their reporters, claiming it was too late in the night. When asked if he knew Nigeria’s deputy Mr. Ekweremadu, he answered in the negative and hung up immediately. The fire sale of the properties has, however, not concealed that they were previously owned by Mr. Ekweremadu.

Deputy Senate Ekweremadu sells off two US properties below market value to stop Nigerian government from seizing them

Documents exclusively obtained by SaharaReporters from Osceola County Tax Collector show  the deputy senate president as the taxpayer on the property at 4507 Stella Street, Bellavida Estate Kissime, Florida, till the end of 2017.

A notice of Ad Valorem and non-Ad Valorem taxes from the tax collector, bearing Mr. Ekweremadu’s address of 4 Iyienu Street, Independence Layout, Enugu, showed that the Deputy Senate President paid a total of $6, 728.37 as tax on the house as at December 2017.

Deputy Senate Ekweremadu sells off two US properties below market value to stop Nigerian government from seizing them

On the property at 2747 Club Cortile Circle, Kissimmee, Florida, the tax collector’s documents showed that the Deputy Senate President paid a total of $1,665.91 as at December 2017. The document similarly bears Mr. Ekweremadu’s Enugu address. Likewise, the Deputy Senate President paid taxes on the one at 2763 Club Cortile Circle, Kissimmee, Florida.

A report published by Sahara Reporters last month, alleged that Ekweremadu owns 22 properties worth millions of dollars . Though registered in his name, many of the properties were missing from the Deputy Senate President’s asset declaration form he submitted to the Code of Conduct Bureau in 2015, an indication that he hid them to avoid questions on how he acquired them. The report showed that in addition to the three properties in the US, the Deputy Senate President did not declare his ownership of 11, Evans Enwerem Street, Apo Legislative Quarters, Abuja; Plot 2633 Kyami, Abuja; Housing Estate (Plot 1106 CRD, Cadastral Zone 07-07, Lugbe, Abuja; and Plot 2782 Asokoro Extension, Abuja.

Similarly, he neglected to declare houses at Citi Park Estate, Gwagwalada; Plot 1474 Cadastral Zone BD6, Mabushi; Congress Court; Flat 1, Block D25, Athletics Street, (24th Street) Games Village; and Plot 66, 64 Crescent, Gwarimpa Estate, all in Abuja.

Two London properties, Flat 4 Varsity Court, Harmer Street, WIH 4NW, London; and 52 Ayleston Avenue, NW6 7AB, London; were equally omitted from his assets declaration form dated 5 June 2015.

In addition to these are his properties in the United Arab Emirates. These include Room 1903, The Address Hotel, Downtown Dubai; The Address Boulevard, 3901, Dubai; two Flats of Burij Side Boulevard (the signature), Dubai; Emirate Gardens Apartment No. EGG1/1/114, Dubai; Emirate Gardens Apartment No. EGG1/115, Dubai; and Apartment No. DFB/12/B 1204, Park Towers, Dubai.

Others are Flat 3604, MAG214, Dubai; and Villa No 148, Maeen 1, The Lakes Emirates Hills, Dubai.

The Federal government has already filed a motion at the Federal High Court in Abuja to freeze the undeclared assets traced to the Deputy Senate President.  The motion was filed on behalf of the Federal Government by Lagos lawyer, Festus Keyamo.

TAGGED:Deputy Senate PresidentheadlineIke Ekweremadu
Share This Article
Email Copy Link Print
ByAdesina .O (Teekay)
Follow:
Teekay is a full time writer on Within Nigeria and a part-time IT consultant. Mail me at teekay@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE
Previous Article Properties worth millions of Naira lost as fire razes Binukonu market in Ojota, Lagos
Next Article Teenager abandons newborn baby after delivery at health centre in Cross River State
5 Comments

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

National

Oyo state govt list Ayefele’s offences, admits demolishing his Multi-million Music House

By
Ola Peter
Sports

Transfer: Man Utd ready to pay Pogba £3.78m loyalty bonus

By
Adejayan Gbenga Gsong
BREAKINGNational

BREAKING: WTO announces Okonjo-Iweala DG

By
Adejayan Gbenga Gsong
National

Senate queries DPR over N44bn remittance

By
Adejayan Gbenga Gsong
WITHIN NIGERIA
Facebook Twitter Youtube Rss Medium

About US

 Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • World News
  • Opinion
  • Politics
  • Tech
  • Health
  • Travel
Usefull Links
  • Contact Us
  • Advertise with US
  • Complaint
  • Privacy Policy
  • Cookie Policy

© . All Rights Reserved.