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The highlight of the schedule is the second season of the 26-goal World Polo League, featuring at least 11 teams and most of the best players in the sport.With 18 safe and well-manicured fields, including 11-tournament grade, the club will host every level of polo for men, women and children including the WPL, the only 26-goal polo held outside of Argentina featuring the best players in the world.The club attracts a large international field of players from all corners of the world including Australia, Chile, India, Mexico, New Zealand, Costa Rica, Argentina, Canada, Ecuador, Brazil, Switzerland, France, Germany, Uruguay, Venezuela, Azerbaijan, South Africa, Nigeria and England.Grand Champions is coming off its finest fall season in the club's 13-year history. The 200-million-liter lubricant plant is the first of its kind in West Africa and covers the entire value chain of lubricants. Content created and supplied by: studio.opera.com (via Opera She is a lawyer by training and had cut her teeth in the legal profession by working at the famous FRA Williams chamber before going on to work with Senator Gbemi Saraki as her legislative assistant. Seychelles is a well-known tax haven used by businessmen and politicians and celebrities to perpetrate shady business deals. Mr. Alhaji Sayyu Idris Dantata is the Founder and Chief Executive Officer of MRS Holdings Ltd (Formerly, MRS Group). Zenith Bank: stake is worth N33. Download Opera News APP, By studio.opera.com (self media writer) | 2 years ago. It's definitely different playing mixed polo but I love it.". Sayyu Dantata served as a Director at MRS Holdings Ltd (then MRS Group). Alhaji Dantata has been the Chairman of MRS Oil Nigeria Plc since 2009. They have had to buy diesel from foreign firms who were then receiving allocations despite having no offices of their own in the country. Leave Application has changed its name and is now incorporated under the name of PETROWEST S.A. on this 27 day of April 2011. Otudeko is also the largest individual shareholder in First Bank of Nigeria, one of West Africas largest financial institutions, where he holds a roughly 1% stake. 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. NEXT: 5 Female Nigerian Politicians Involved In Corrupt Practices, Aliko Dangote, a poster boy for Africas undeniably successful businesses, is one of, The Board of Director of Medview Airline Plc has resolved to engage in lease . Dantata made the 5th position on the list of the richest men in Northern Nigeria. 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. with legendary father/son duo of Adolfo Cambiaso and his 14-year-old son Poroto, ready . Alhaji Sayyu Idris Dantata - Chairman Alhaji Dantata is a mechanical Engineer. Many people using offshore companies do so legally and offshore companies indeed have many legal purposes. This started in 2009 and he has gone on to be named the richest man in Africa; year after year. Every time I see horses I just want to go and spend time with them. Kola Abiola is one of Nigerias low-key millionaires. He also serves as a non-executive director of the companys board. [CDATA[ That was on April 12 2006. However shell companies are at times used for tax avoidance. Thank you for your interest in MRS Holdings Ltd. Sayyu Dantata was born and raised in the city of Kano state but he spent most of his life in the biggest city of Africa which is Lagos he was born on the 10 August 1960 right now he is over 60 years old. The Nation. 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. To keep reading for free, please enter your email! I've been playing her and it will be my second winter with her. His venture into the Oil and Gas industry in 1993resulted in the establishment of the MRS Group in1995. 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Alhaji Dantata is a mechanical Engineer. Markets never sleep, and neither does Bloomberg News. Alhaji Dantata started his career as Director of the Engineering and Transport Division of Dangote . He is a seasoned mechanical engineer by training. 'Alhaji Dantata A Man of Means'. There after he started his own business and currently sits as the Chief Executive Officer of the MRS Group. It was then followed by a major order from Wale Tinubu, who contracted him to supply diesel. Hermans and Bollini each had two goals and Monteverde added one.Dantata was coming off Thursday's Sterling Cup semifinal loss to Valiente. Sayyu Dantatas MRS Group acquiring Chevron Texacos downstream assets through its subsidiaries, Corlay Global SA and Petrocci Holdings led to Otedola having animosity towards both him and his half-brother. She was also listed as Nigerias Highest Paid Blogger by Forbes in August 2016. 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. In the 1960s, he was the largest licensed produce buying agent of groundnut in Nigeria. Sayyu Dantata is the son of Alhassan Dantata who was the wealthiest man in Africa at the time he passed away in 1955. For many, this did not come as a surprise as Banana Island is largely considered to be on the same level of exclusivity with Saint Germain-des-Prs in Paris, Malibu in California, Beverly Hills in the United States, Burj Khalifa in Dubai and the elegant Calle Serrano in Spain. But in an arrangement that seems curious, Dangote was issued a higher amount of shares 250,000 on the same day he resigned. Africa's richest man, Aliko Dangote, and his brother Sayyu Dantata have been linked to shell companies in tax havens, writes Joshua Olufemi and Emmanuel Mayah. He also owns a property on Banana Island, which explains his inclusion on this list. 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. "She came from my dad and it was one of my dad's best horses forever," Arellano said. He started his career as Director of the Engineering and Transport Division of Dangote Group, the biggest Nigerian conglomerate. He is largely regarded as being socially invisible and this stems from the low profile he has maintained over the years. As an entrepreneur and billionaire owner of Globacom, Nigerias second-largest telecom company, Mike Adenuga is a man with luxurious tastes. I love her. DPR (1963). Their company, MRS Oil and Gas, was re-issued 500,000 shares. Some people own shell companies so that when they acquire assets like private jets and real estates, governments do not find out to demand tax. Both Kumasi and Dantata tried to promote an independent Qadiriyya scholarship and religious authority, challenging the leadership of Kabara. Diezani was charged with responsibility for $20 billion missing from the Petroleum agency. Nigerian billionaire, Aliko Dangote owns the Dangote Group, which has interests in commodities. Register for updates and alerts on ANCIR Investigations. PPPRA Dangote has been repeatedly listed by Forbes for his wealth. "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. Jane I. Guyer. Nigerians who live on Banana Island include a growing list of prominent Nigerians and expatriates who have incredibly deep pockets and can afford to spend millions of naira on a property. Dantata is a cousin of Aliko Dangote, and is one of Nigerias most popular polo patrons. Dantata started his career as Director of the Engineering and Transport. Dantata only completed four years of studies at Dala Elementary School before leaving because his father preferred a career in trading to Western education for his children. They are Afrex S.A clients in Panama. Two Nigerian startups chosen for Migrants Accelerator Program. LAST CORPORAL (@ridwan_ashafa) June 25, 2019. I just went in wanting to do my best and play hard. CHECK: LANDS FOR SALE IN IKOYI DAVIDO "Arellano got the opportunity to play with her brother Lucas, 20, who subbed for Dantata Sr. "It was so much fun today," Arellano said. Among those accounts were that of Dangote, who became an HSBC private account client in July 2003. She was also accused of awarding multi-billion Naira contracts without recourse to due process. Sign up with your email address to receive news and updates. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. "The way he plays, his style, he is just unique. Nigeria currently consumes about 250 million litres of engine oil per year, and this consumption grows by more than five percent every year due to the addition of new vehicles and machinery. Nigerian Gas Association. The purpose (s) for which Dangote and his allies set up their own secret companies is not exactly clear. Sayyu Dantata served as a Director at MRS Holdings Ltd (then MRS Group). According to internal data of the Panama-based offshore-provider, Mossack Fonseca, obtained by the German newspaper Sddeutsche Zeitung and shared by the International Consortium of Investigative Journalists (ICIJ), Dangote, his relative, Sayyu Dantata, as well as his business allies have over the years used shell companies domiciled in controversial tax havens in their business transactions. Because shell companies are at times associated with fraud, their activities are of big concerns to international bodies such as the Organisation for Economic Co-operation and Development (OECD). 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. She lived in the United States for many years before finally relocating to Nigeria. This literary means they resold the shares back to themselves. The system involved about five autonomous level of associates, agents, and farmers. [READ THIS: SON partners Nigerian Army to actualise vehicle assembly initiative], Ary Berry (@AremuAbayomi5) June 26, 2019. 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 . 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 is a seasoned mechanical engineer by training. Tom G. Forrest. Breakdown Of Sayyu Dantatas NSE Fortune, MRS Oil: his stake is worth N10.2 billion ($67 million), Source: Honeywell Flour Mills, First Bank. Sanusi Dantata (c. 1919 15 April 1997) was a Nigerian entrepreneur and son of Alhassan Dantata. This they do through Transfer Pricing, a complex structure that allows businesses often in third world countries to shift profits to shell companies overseas to allow them pay little or no tax in the country where they made the money. This is What You Can, You Will Learn How To Make Coconut Rice After Seeing These, See Why You Shouldnt Be Eating Bananas For Breakfast, Why You Should Consider Having Catfish Regularly In Your Meal, Interesting Facts About Toby Onwumere, The Nigerian Actor On Sense8, Nigerian Model Elizabeth Ayodele features in Love Magazines latest Video Campaign, Nigerian Student Develops Alternative Cure For Breast Cancer, Dr. Ozak Esu Among Telegraphs Top 50 Women in Engineering under, Nigerian Celebrity Biography: Bisola Aiyeola, 6 Mistake You Should Avoid Before You Say I Do, Want to Ask a Girl Out Over Text? The investigation unveiled the cloak of secrecy provided by Mossack Fonseca, a Panamanian law firm that specializes in creating offshore companies, some of which have been used by con men and women to hide Ponzi schemes, predatory lending scams, and other financial frauds from their victims and from the authorities. That remains unclear. I wish to state categorically that neither Aliko Dangote nor Dangote Industries Ltd (DIL) has any form of relationship with these alleged four off shore companies. Managing Director of Bestaf Trading Company Andreas Wielsch stated that, with the lubricant plant, the company will be able to produce about 50 percent of Nigerias annual lubricant consumption of about 364 million liters. He then started buying diesel from AP, Unipetrol, and the Kaduna Refinery. According to the documents, three years after they existed as shareholders of the company, the trio Dangote, Dantata and M.R.S Oil and Gas Company Limited ceased to be shareholder in the company. Sayyu Dantata is a creator and CEO of MRS Holding Ltd. Over the years, he has managed to build himself a fantastic career thus acquiring the stunning contemporary style mansion located in the billionaires' playground of Banana Island Ikoyi that costs millions of dollars. He had his education at the Morris Brown College in Atlanta-Georgia, United States of America. Aliko Dangote is widely known for his staggering wealth. PATRICE ALBERTI is currently the Vice Chairmanof MRS Group of Companies. He began his career as Director of the Engineering and Transport Division of Dangote Group, considered the Largest Nigerian conglomerate. In the same manner, his brother, Dantata, was issued the same amount of 250,000 shares. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform. SD Farms will return for a second season.Hippy Chic, a Chestnut mare owned and played by Hope Arellano in the second chukker, was Best Playing Pony. In a similar development in September 2014, Sani Dangote, younger brother to Dangote, was dragged before a Federal High Court in Lagos over his alleged failure to liquidate about N5 billion loan granted him by Union Bank. Dantata serves as a Director of Hydro Alternative Energy, Inc. and has been a Non-Executive Director of Nigerian Telecommunications Limited since August 2008. Shell companies, experts say, are entities that have no active businesses and usually exist only in names as vehicles for another companys business operations. View profiles of the MRS board and our executive management team. The lubricant plant, which is located at Tincan Island in Apapa, Lagos, is set to contribute immensely to Nigerias economy and will boost employment, generate revenue, and reduce the countrys import dependence. . served as a Director at MRS Holdings Ltd and Transnational Corporation of Nigeria Plc. Sayyus personal interest is listed as Polo Games and uplifting the people. Diezani was, however, not officially charged or tried for these allegations and has strongly denied any wrongdoing. Some others set up shell companies to raise funds before starting operations, to attempt a takeover or as a front for an illegal business. Opinions expressed by Forbes Contributors are their own. //
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