Nigerian Media Personality and Instagram celeb, Toke Makinwa has been reported to have lost her House in Banana Island to Asset Management Corporation of Nigeria (AMCON).
According to a gist from Gistmerchant blog on Instagram, Toke’s house was a gift by her “sugar daddy”, Lagos-based oil and gas businessman identified as Dr. Festus Fadeyi, who owes a debt of over N240b to AMCON.
Just earlier this month, the asset management company, AMCON took possession of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited, its affiliate companies, and other properties to cover the N240 billion loan debt.
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It could be recalled that in 2017, the billionaire 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.
