According to Forbes, Kola Aluko, a controversial Nigerian oil tycoon, has sold his Bel-Air, Los Angeles mansion, as Nigerian and European authorities investigate him for a series of money-laundering and fraud-related crimes.
He sold the home last week for $21.5m, taking a $3 million loss after purchasing the sprawling residence in 2012 for $24.5m. Aluko, 46, apparently sold the residence in an off-market transaction using a limited-liability company.
An off-market sale in real estate refers to a property that is sold without any form of public advertising. The property has a gated entrance, a subterranean garage and a 132-square-foot infinity-edge swimming pool among other features and sits on more than an acre…. wt it’s legs crossed….
