HomeLifestyleToke Makinwa Loses Her House At Banana Island- Apparently Her Sugar Daddy Could Not Full Payment On Time| Details

Toke Makinwa Loses Her House At Banana Island- Apparently Her Sugar Daddy Could Not Full Payment On Time| Details

Toke Makinwa Loses Her House At Banana Island- Apparently Her Sugar Daddy Could Not Full Payment On Time| Details

Socialite Toke Makinwa is the mock of social media today.

The popular OAP has just lost her luxurious Banana Island Mansion.

According to gossips on Instagram, her sugar daddy failed to meet payment terms and now the house is in the hand of Asset Management Corporation of Nigeria (AMCON).

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Toke Makinwa allegedly losses her Banana Island home to AMCON Media personality, Toke Makinwa has allegedly lost her Banana Island house to Asset Management Corporation of Nigeria (AMCON). According Gistmerchant blog on Instagram, Toke Makinwa aquired the house, all thanks to her “sugar daddy,” Dr. Festus Fadeyi, who is a Lagos-based oil and gas merchant. However, life played a fast one as he was unable to pay up his debts to AMCON which rose to a total of over N240 billion. Due to his inability to pay, earlier this month, AMCON took possession of Fadeyi’s Pan Ocean Oil Corporation Nigeria Limited, its affiliate companies and other properties, over an unpaid N240 billion loan debt. Recall that about a month ago, Toke revealed that she bought her dream house (the Banana Island house), at the age of 35. Recall that in 2017, billionaire Fadeyi’s 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.

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A few months ago, Toke announced that she has gotten a dream house at Banana Island, she refused to give details about the purchase.

From the look of things, that house is no longer in her hands.

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