Deputy senate president Ike Ekweremadu said to own two London properties worth £3.73m

DEPUTY senate president Senator Ike Ekweremadu has been linked to two choice properties in the UK according to documents recently produced by Sahara Reporters indicating that he owns both homes with a combined value of £3.73m

According to Sahara Reporters, UK land registry documents list the addresses of the properties as 52 Aylestone Avenue, London, NW6 7AB and Flat 4, Varsity Court, 44, Homer Street, London, W1H 4NW. UK land registry documents reveal that the first property, with title number MX361292, is on a freehold, implying outright ownership of the property and the land on which it stands.

In the records, it is owned by a company, Property Circle. incorporated in the British Virgin Islands but in care of Trident Trust Company. Trident Chambers, PO Box 146, Road Town, Tortola, British Virgin Islands and of Mr Leo Stan Ekeh, founder of Zinox Technologies. The document lists the price paid for the property on  January 27, 2011, as £2,900,000.

Meanwhile, the second property, Flat 4, Varsity Court, 44, Homer Street, London, W1H 4NW, is on a freehold, held by SJW Estates of 15 Esplanade, St Helier, Jersey, Channel Islands, JE1 1RB, and two leases, with one held by Ikeoha Foundation of Nigeria, an organisation established by Senator Ekweremadu.  It has the title number NGL390222 and the title of Ikeoha Foundation’s leasehold is listed as NGL711130.

The foundation, incorporated in Nigeria, is listed as having its addresses as Flat 4, Varsity Court 44 Homer Street, London W1H 4NW and of 14 Iyienu Street, Independence Layout, P. O. Box 3615, Enugu, Nigeria. The other lease (NGL688343) is held by C & V Management Company.

The price of the property is listed as £830,000. Documents indicate that the ownership information was valid as at February 18  2018.