DEZIANI'S FRONTMAN, KOLA ALUKO LAVISHES $100M ON GALACTIC SUPER-YACHT

Kola Aluko, the oil magnate who shot to wealth and acclaim in the wake of his  suggestive relationship with Diezani Allison-Maduekwe, Nigeria’s petroleum minister, is an energy and aviation tycoon, founded Fossil Resources in 2001 and turned it into a formidable force inside the Nigerian energy sector. A passionate car racing enthusiast, Aluko has competed in major European races with the Swiss team Kessel racing. In June 2012, he reportedly purchased two ultra-modern luxury estates in Beverly Hills at $40 million. In December 2012, Aluko stepped on to the podium at Rome’s Vallelunga circuit to celebrate third place in the Endurance Champions Cup. It was a defining moment in his motor racing career as he stood next to one of his idols, former F1 driver Giancarlo Fisichella. The race at Vallelunga was the fourth and final race of the Cup, which was won by Fisichella and Italy’s AF Corse. Aluko’s Kessel Racing team, with co-pilots Thomas Kemenater and Maurizio Mediani, were consistent throughout the six-hour race which is as much a feat of endurance as of skill.
  Aluko is one of a handful of black racing drivers driving change in the perceptions of a traditionally white and Asian sport. He is on the board of the Nigeria FIA and recently hosted FIA President Jean Todt as he made a two day visit to Nigeria to investigate the possibility of bringing motor racing to the country.
  Aluko owns Kessel Racing’s Ferrari 458 GT2 and has previously competed in the Winter Series GTOpen in Montmelo Catalonia, Spain “It is a way to take my mind off everything else,” he considers.
  He currently races out of his base in Lugano Switzerland, where Kessel Racing is also located. There he stores his collection of race cars and classic cars. They include classic cars from the 1960s like a California Spider and a 250 Luso, a Ferrari Dino and others like the Aston Martin DB5, thoroughbred Ferraris like the 2GO, the F40, the F50 and the Enzo.
  “Obviously I can’t drive all the cars but the guys who look after them are professionals,” he says. “My cars are my passion and an investment, mostly they go up in value but I do drive them.
  “The Maserati MC12 racing car was one of only nine built and has won championships in the past. I have the F1 car from 2008 driven by Kimi Raikonnen and tested by Michael Schumacher, a Goldwing SL from the 60s. They are better investments than a lot of other things.”

   “If you look inwards and try to focus on the best you can do; if you are the sort of person who always challenges himself, then you are so far ahead of the others and the game. You can only do as best as you can. That is something I have got from racing.” His name is a door opener around the world. Imagine a 'lifestyle institution' like 'Harrods' speaking ones name with a smile on their lips, ever ready to acknowledge he shops at their store. We hear he is one of the 'biggest spenders' in Harrods. Imagine the top manager of a Ferrari franchise asking in curiosity how special is the name 'Kola' , because one of their special friends/customer is Kola Aluko. Another 'Kola' not him, had gone to buy a Ferrari, eliciting the curiosity. For one to better appreciate how legendary the guy's car collection is, we heard a special coffee table book was published to celebrate those cars, just like it was done for Ralph Lauren's cars collection.
   Aluko’s love of cars transcends the trope of obsession or ordinary fleeting fascination. His vehicles garages in his palatial mansions across the world stocks the best of state of the art automobiles. He is also an avid Formula 1 enthusiast; some say he has over 20 plus racing cars for his own F1 Team. Besides cars, the Nigerian energy and aviation tycoon betrays a love for expensive timepieces. Sources close to him claim that his wrist watch collection is to die for; he has a particular one that cost him a whooping $1 million.

Subsidy Fraud: Akintola Williams Delloite Indicted As Court Admits Key Documents In Trial of Walter Wagbatsoma

The audit firm of Akintola Williams Delloite was today indicted for playing a role in a series of fuel subsidy scams.

Walter Wagbatsoma in cour

The firm’s indictment surfaced today during the continued trial of fuel importers, Walter Wagbatsoma and Adaoha Ugo-Ngadi as well as their company, Ontario Oil and Gas Limited. The accused are part of a clique of fuel importers accused of making fraudulent fuel subsidy claims to the tune of N1.9 billion.
Continuing his testimony today, Sheu Muhammed, an investigator with the Economic and Financial Crimes Commission (EFCC), stunned the court by accusing the government’s official auditing firm, Akintola Williams Delloite, of culpability in widespread subsidy scam. Mr. Mohammed began his testimony last week.
At today’s court session, the EFCC submitted two documents which demonstrated the audit firm’s unsavory role in the extensive scheme. It is conservatively estimated that numerous fuel marketers defrauded the Nigerian people of more than $6 billion through inflated subsidy claims.
Justice Lateefat Okunnu ruled to admit the documents despite strong objections by one of the defense lawyers, Wole Olanipekun. Mr. Olanipekun tried, but failed, to suppress the admittance of the documents on technical grounds.

Rotimi Ajanaku's Wife, Oyinlola Delivers New Baby In America

Rotimi Ajanaku

Ibadan, Oyo state based money man- Rotimi Ajanaku has a new addition to his family.And it is a new baby delivered by wife, Oyinlola on Saturday July 27 2013.
The little tot was given birth to in the United States of America.
Further digs revealed it specifically transpired at about 3.00a.m, at health place, University Hospital, Staten Island.Mother and child are said to be in 'good shape'.
The father is labelled 'hugely elated'.
Sources confirmed Ajanaku was by his wife's side during 'delivery'.
According to an insider 'he has been in US with her for weeks to the birth providing mental and emotional support'
The quiet spender, wife and new baby are expected back after month's rest for what sources tag 'a grand child christening'

Governor Nyako Says: PDP Will Die and We Will Bury It

Adamawa State governor Murtala Nyako, one of those who is strongly oppose to the return of President Goodluck Jonathan, has disclosed that the Peoples Democratic Party (PDP) is being plagued by a serious illness and that they are awaiting its death to give it a befitting burial.

Governor Nyako, who said this in an emotion-laden voice while speaking on BBC Hausa Service programme on Monday afternoon further added that:

Some of the stakeholders only deemed it fit to remain in the party due to the political positions they occupy presently and if the party failed to survive its self-inflicted illness, they will give it a befitting burial and leave for good.

Patience Jonathan’s mother dies in fatal motor accident

THERE was anxiety in Port Harcourt on Monday as news of the death of Mrs. Iwari-Oba, the mother of the wife of President Goodluck Jonathan, Patience, spread in the Rivers State capital.
The mother of Mrs. Jonathan was said to have been involved in a ghastly motor accident along Elele Road in Rivers State.
It was gathered that the woman, who is from Okrika Local Government Area, was on her way to Bayelsa State when the accident happened.
Unconfirmed report indicated that her corpse was taken to Kpaiyama Mortuary by a team of policemen and a member representing Ogu Bolo State Constituency, Mr. Evans Bipi, who is a relative to the deceased.
Though, the police and the Federal Road Safety Commission in the state could not confirm the incident, an aide to Bipi said the First Lady’s mother died in a road accident, which occurred at about 4pm.

I Slept With My Mother To Become Mystical; Shina Rambo's Shocking Confession

It was a beautiful Saturday morning, I was garbed in a pair of jeans, on a pair of Timberland boots, a military sweat shirt, and my JackMoody denim jacket. I had been attacked by men of the underworld the night before whilst we were on production, at the office. So I slung my black Ted Baker satchel across my right shoulder, armed with my camera, my midget, and some other small gizmos.

I was more determined, to embark on this adventure, than ever before...

Jonathan, Amaechi opt for peace at last

There are indications that the presidency and Rivers State governor, Rotimi Amaechi may have opted for a peaceful resolution of the crisis between them to avoid overheating the polity and endangering the democratic process.
Sources close to the presidency and Amaechi told Saturday Tribune that all sides to the conflict have realized the danger in allowing the conflict to degenerate further, hence the sudden embrace of peace.
It was gathered that the PDP hierarchy and the presidency were worried that the crisis was being kept on the front burner by the media on a daily basis, a suggestion that some forces were trying to benefit unduly from the crisis.
According to sources, “it appeared to the government of the day that some forces are trying to use the Rivers crisis as an avenue to unduly get to the root of the nation’s democracy,” a source said.
“The presidency is disturbed anytime the Rivers crises is seen as a Jonathan/Amaechi war. The president has distanced himself from the crisis but every attempt is being made to drag his name in. I can tell you that the government has decided to douse the tension and encourage the combatants to embrace peace,” a source told Saturday Tribune.