Dantata Jr. is the oldest son of Sayyu Dantata, patron of SD Farms and winner of last year's Palm Beach Open in the inaugural season of the 26-goal World Polo League. Dangote, alongside his half brother, Sayyu Dantata, the founder of MRS Holdings (a leading West African oil-marketing firm, which acquired Chevron-Texacos downstream assets in 2007) bought equal shares of 12,500 each from OVLAS S.A, a shell company registered in Seychelles, on October 6 2003. Dangote has been repeatedly listed by Forbes for his wealth. Her home is currently valued at N800 million. "He is amazing, he is different than anybody I have seen," Dantata Jr. said. We thank you for upholding the principal ethics in journalism when in doubt, check. March 25, 2022. Read the full response from Mossack Fonseca, African Network of African Reporting Centres. Money laundering, billing schemes, fictitious service schemes, bankruptcy fraud, tax evasion, and market manipulation are some of the fraudulent activities facilitated by shell companies, several past investigations by ICIJ and this newspaper have shown. Similarly, MRS Investments Company Limited is a shareholder company to Chalmers Shipping Incorporation, which in turn is directly connected to another shell company named Afrex Sal, also domicilled in Panama. She was elected to the Nigerian Senate representing Ogun Central Senatorial District of Ogun State. Marco ensures that all activities carried out in the terminals, areperformed according to highest international standards (API,Ocimf, Isgott). In addition, Sayyu Dantata owns a total of 25 million units of shares in Corlay Global S.A, a company that is a client to Afrex Sal and also located at Plot 70, Sharada Industrial Area, Phase 3 Kano, Nigeria. In addition, Sayyu Dantata owns a total of 25 million units of shares in Corlay Global S.A, a company that is a client to Afrex Sal and also located at Plot 70, Sharada Industrial Area, Phase 3 . In the 1960s, he was the largest licensed produce buying agent of groundnut in Nigeria. Alhaji Dantata started acting as the chairman and Director of the MRS Oil Nigeria Plc since March 2009 and also served as the Director of the Engineering and Transport Division of Dangote Group. Monitor your investments 24 hours a day, around the clock from around the globe. Scholarships are available. MRS Holding particularly popped up regularly as multiple shareholder company for other companies linked to Dangote and Dantata in Panama. Alhaji Dantata started his career as Director of the Engineering and Transport Division of Dangote . Because we do, we have not once in nearly 40 years of operation been charged with criminal wrongdoing. The value of the shares is based on prices at the end of trading on August 9, 2011. Sayyu Dantata is the billionaire cousin of Alhaji Aliko Dangote, Africas richest man and Chairman of the Dangote Group. But dont feel sorry for him: Ovia still remains the banks largest individual shareholder, controlling nearly 10%. Nigerian oil and gas billionaire Sayyu Dantata will be playing on the field at the International Polo Club Palm Beach this season with his SD Farms team alongside Peco Polledo, Juan "Tito" Ruiz Guiazu and Jesse Bray. He had his education at the Morris Brown College in Atlanta-Georgia, United States of America. Dantata was also charitable, by 1963, he was spending about 40,000 pounds each year in credit to friends and the poor and provided funds to each of his children and in-laws. All Rights Reserved. with legendary father/son duo of Adolfo Cambiaso and his 14-year-old son Poroto, ready . According to Dantata, the plant will not only generate foreign exchange for the country through product exports but also meet the needs of neighbouring countries. Securely share information with Africa's finest journalists. Like most startups, it took a while before his company got a grip of the oil market. Sayyu Dantata's $450 million Bestaf lubricant plant. He is largely regarded as being socially invisible and this stems from the low profile he has maintained over the years. While a vast majority of Nigerias wealthiest businessmen spurn the capital markets, preferring to build their fortunes through privately-held companies, the Nigerian Stock Exchange still accounts for a substantial portion of the wealth of a number of the countrys richest individuals. A 2015 investigation by Premium Times, in partnership with French Daily, Le Monde , the International Consortium of Investigative Journalists, and a host of other major media organisations around the world, had named Dangote among some of Nigerias wealthiest industrialists, former government officials and their relatives, who operated highly secretive foreign accounts with the Swiss branch of banking giant, HSBC. He also owns a property on Banana Island, which explains his inclusion on this list. The son of the slain businessman, politician, publisher and winner of the 1993 presidential elections in Nigeria, M.K.O Abiola. The business magnate also served as a Director at MRS Holdings Ltd and Transnational Corporation of Nigeria Plc. The unprecedented year-long investigation involving 11.5 million secret documents which stretch from 1977 to December 2015 expose the hidden underground of the world economy, a network of banks, law firms and other middlemen that utilize shell companies, sometimes using them to hide illegal wealth. An engineer by profession, he started his career as the transport director with his uncles company and rose through the organization. That investigation, published in February last year showed how HSBC profited doing business with people who stole from their countries and some of the worlds most notorious con artists, including people who made a fortune fuelling wars in Africa. Alhaji Alhassan Dantata was a Nigerian businessman who was the wealthiest man in West Africa at the time of his death. She is the daughter of late Chief M.K.O Abiola. Yet that question has become even more relevant across the globe following discoveries of several secret shell companies linked to the businessman, his allies and relatives. Worth a staggering US$15.4 billion, Nigeria's businessman and industrialist, Aliko Dangote, is on the Forbes Rich List as the wealthiest man in Africa. The company's market capitalization has surged by $42 million since the news of the acquisition broke on April 12. [READ MORE: Caverton releases statement following VPs crash landing], Staff hail billionaire #SayyuDantata, as he personally flies his chopper to work to beat the #Apapa traffic, today, in Lagos, A post shared by Instablog9ja (@instablog9ja) on Jun 25, 2019 at 12:00pm PDT. That was also dated April 12 2006. The brand has more than 400 retail service stations across the country, and operations span several West African countries, including the Benin Republic, Togo, Cameroon, and Cote dIvoire. It features 120 stalls in five self-contained barns, exercise track, five climate-controlled tack rooms, vet room, staff quarters, guest house and four polo fields with state-of-the-art underground irrigation including one field for stick-and-ball and new parking lot.Grand Champions Polo Club and Santa Rita Polo Farm's expert staff can customize a complete playing experience including horses, pros and certified umpires in addition to lessons and practice sessions as part of its' Polo On Demand program, created by Melissa Ganzi when the club first opened.The Polo School, a stand-alone USPA-sanctioned polo club, is thriving at Grand Champions and Santa Rita Polo Farm. Dangote and Dantata bought equal shares of 12,500 each from Petrowest S.A. MRS Oil and Gas Co. Ltd also bought 25,000 numbers of shares from Petrowest, just as was done with OVLAS S.A. Again, three years after they existed as shareholders, the trio Dangote, Dantata and M.R.S Oil and Gas Company Limited ceased to be shareholders in the company. Among those accounts were that of Dangote, who became an HSBC private account client in July 2003. He started his career as the transport director with the Dangote group, one of Nigeria leading conglomerates and rose through the organization. He is the Director of Engineering . I love her. The world's premier source of news on Africa's billionaires and UHNWIs. Sayyu Dantata, a chip off the old block of the Dantata family has come to establish himself as a major player in the Oil and Gas sector. However, by 1980, he had relinquished some of his business interest to his sons, including the eldest, Abdulkadir Sanusi Dantata, who co-founded Dantata and Sawoe and Asada Farms.[2]. Sanusi Dantata (c. 1919 - 15 April 1997) was a Nigerian entrepreneur and son of Alhassan Dantata. Sayyu Dantata ranks as one of the best Polo Players in Nigeria. Oba Otudeko, a former banker and renowned boardroom guru, owns a 15.4% stake in Honeywell Flour Mills, an NSE-listed entity which is part of the largely private Honeywell Group-a diversified conglomerate with tentacles in everything from oil marketing to food production, engineering services and finance. Here is a video of Sayyu Dantata flying his new $2m Helicopter-Chopper from the MRS Head Office in VI to his warehouses in Apapa. Will Apollo Offer THG a Route Out of Its Troubles? Follow me on Twitter@ EmperorDIV. Among them are Sayyu Dantata, Aisha Dantata and Mariya Dantata who are listed as shareholders of Koggi Shipping Incorporation with registered location as Plot 688, No 4 Winnipeg Close Street, Maitama, Abuja, Nigeria. Linda is Nigerias celebrated and most popular blogger. WELLINGTON, Fl., February 1, 2020---SD Farms rallied late in the sixth chukker to capture the Aspen Valley Cup Friday at Grand Champions Polo Club.SD Farms (Hope Arellano, 1, Sayyu Dantata, -1, Peco Polledo, 6, Lucas Arellano, 2) defeated Mashomack (Josephine Hermans, 0, Santos Bollini, 1, Juanse Olivera, 2, Juan Monteverde, 5), 11-10, to win the January 8-Goal league title.Other January League winners were Newport defending its title against Beverly Equestrian to win the Limited Edition 12-Goal Series and Bushwood defeating Altair Polo to win the Metropolitan 6-Goal Cup.Dantata Jr., 18, was named Most Valuable Player after scoring a game-high six goals including four in the final chukker in his debut at Grand Champions. Alhaji Sayyu Idris Dantata, Aliko Dangotes half-brother, is the Founder and Chief Executive Officer of MRS Holdings Limited (Formerly known as MRS Group). I tried my best. - Sayyu Dantata - Son of Alhassan Dantata - the wealthiest man in West Africa at the time of his death in 1955. It was then followed by a major order from Wale Tinubu, who contracted him to supply diesel. Below is a list of 9prominent Nigerians who live on Banana Island as well as those who own properties on it. [READ THIS: SON partners Nigerian Army to actualise vehicle assembly initiative], Ary Berry (@AremuAbayomi5) June 26, 2019. That remains unclear. The contact numbers listed on MRS Holdings website failed to connect the several times our reporter called. Oil mogul Sayyu Dantata has chiselled his name on the stone which the names of members of the exclusive club of billionaires is etched. "Dantata plans to move up into 12-goal league play in February, he said. Iyabo Obasanjo, the daughter of Nigerias former President Olusegun Obasanjo also resides on Banana Island. The Dantata family operated their businesses partly through a patrimonial system of credit allocation, trade and business transfers to kin, household and others members of their clientage. The purpose (s) for which Dangote and his allies set up their own secret companies is not exactly clear. At that time, the Nigerian government was the sole importer of diesel and there were shortages of the product largely. Corlay Global S.A. and SID Holdings Group are among other companies owned by MRS Holdings and Dantata. The young Alhassan was brought up in the care of an old slave woman, who was known as "Tata" from which circumstance young Alhassan became known as Alhassan Dantata because of her role as his mother. Privacy Policy | The billionaire recently launched Bestaf Lubricant Plant, a subsidiary of MRS Group. Lubricants: engine oil, industrial oil, transmission oil, marine oil, grease, and specialty lubricants are highly demanded, especially in the automotive and industrial sectors, with the influx of used and new personal and commercial vehicles increasing by the day. Our reputation is paramount to us and we are conscious of the downside of it. SD Farms will return for a second season. Tundun leads a largely quiet lifestyle with the exception of rare appearances at social events. Spear magazine (a Daily Times Publication), P. 23. Grand Champions Polo Club13444 South Fields RoadWellington, FL 33414. Sayyu Dantata is the son of Alhassan Dantata who was the wealthiest man in Africa at the time he passed away in 1955. Some of those named in that global investigation were found to have concealed their identities for years and using codes perhaps to shake off tax authorities from accounts, some of which held illicit assets from criminals, traffickers, arms dealers and other outlaws. Alhaji Sayyu Idris Dantata - Chairman Alhaji Dantata is a mechanical Engineer. Also, he was a one time Director of Hydro Alternative Energy, Inc. Dantata is also a Non-Executive Director of Nigerian Telecommunications Limited since 2008. "I am happy I won," Dantata Jr. said. Sayyus personal interest is listed as Polo Games and uplifting the people. It is a similar story in Seychelles, an archipelago of 115 islands in the Indian Ocean off East Africa, where Afrex S.A and Bulldog Global Financial Services LLP act as client for Dangote and Dantatas companies. With Mashomack leading 9-8 early in the sixth chukker, Dantata Jr. scored the tying goal with 3:23 left in the game. "Dantata Jr. is the oldest son of Sayyu Dantata, patron of SD Farms and winner of last year's Palm Beach Open in the inaugural season of the 26-goal World Polo League. Oluwa shine ur blessing on me. 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