Deputy Senate Ekweremadu Allegedly Sells 2 US Choice Properties Below Market Value To Evade Seizure By Nigerian Authority

Ekweremadu's 4507 Stella Street, Bellavida Estate, Kissimmee, Florida

Photo Credit: Sahara Reporters Media

Deputy Senate President, Mr. Ike Ekweremadu,has allegedly sold two of his three properties in Kissimmee, Florida, United States of America. 

According to Sahara Reporters, the properties, are townhouses 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.

Photo Credit: Sahara Reporters Media

Investigations revealed that both properties were sold below prevailing market value in Mr. Ekweremadu’s apparent bid to avoid forfeiting them to the Federal Government. 

He has 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 property said to be worth $500,000, is still listed as Ekweremadu's own with his Enugu address clearly stated on the property bid.

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