An investigation by SaharaReporters has revealed that Bayelsa Senator Benjamin Murray-Bruce may have illegally diverted a loan he obtained from Union Bank of Nigeria to purchase a posh property in Beverly Hills, California in 2007. Mr. Murray-Bruce has been in the spotlight lately after the Asset Management Corporation of Nigeria (AMCON) on June 23, 2016 seized several of his Silverbird media companies for failing to make payments on billions of naira in loans Several banking sources in Nigeria told SaharaReporters that the N11 billion loan Mr. Murray-Bruce took out from Union Bank around 2007 was supposed to be used to construct the Abuja Entertainment Center.
According to Sahara Reporters, instead of using the loan to fund his Nigerian business operations, Mr. Murray-Bruce diverted it to purchase an opulent property in the Beverly Hills area of Los Angeles and London. The Los Angeles County Property Assessor’s Office, the Real Estate Records office, and the Special Investigation unit confirmed to SaharaReporters that the Nigerian senator from Bayelsa State purchased a property on August 6th, 2007 and remains the owner. The address is 605 North Camden Drive, Beverly Hills, CA 90210. A public records search, also confirmed by municipal employees in Los Angeles County, assessed the value of Senator Murray-Bruce’s land at $3.1 million.
The value of the mansion and other structures at the property was estimated at no less than $795,000. The senator’s Beverly Hills swanky property has four bedrooms, three bathrooms, and a swimming pool and is estimated to be at least 2,777 square feet. Assessments of real estate platforms show that the property is worth $5 million.
A public records search of Mrs. Stella Albright found that she was a board member of a company, Dream Magic Studios LLC, alongside Mr. Murray-Bruce.
2 comments:
ISIS hate Turkey because they have been doing everything to eradicate the useless,heartless terrorists,they is why they will keep attacking them whether its Ramadan or not
Is there anyone in the govt esp in Africa that does not steal money?
Abegi PMB shud move the nation forward by working,doing what can develop the economy.We are sick and tired of these corruption thing,all the money retrieved do far shud be channeled to something meaningful.
Hope the people surrounding him wont steal them too.
Then is back the same circle.
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