ING Vies With Credit Suisse for Oil Tycoon’s London Flats

(Bloomberg) — Two of Europe’s biggest banks want to seize oil trader Igho Sanomi’s London homes. Let the battle commence.ING Groep NV and Credit Suisse Group AG are vying for the Nigerian tycoon’s properties in Chelsea, Belgravia and Kilburn over $5 million in unpaid debts they allege is owed by his company Taleveras Energy. ING’s Brussels and Geneva branch is owed $2.2 million, ING lawyer Rupert Cohen said Wednesday in written submissions to a London court.Credit Suisse is owed about $3 million, according to a filing the lender made in April. The Swiss bank seized Sanomi’s private jet, Bloomberg reported …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.