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Monday, 17 July 2017

Boris Becker : Tennis Legend Lost As Mush As £100million Investing In Nigerian Oil

Bankruptcy, Boris Becker, Sports, Tennis, Nigerian Oil, Investment, Money, News,
Details have emerged to show that tennis legend Boris Becker lost a huge part of his £100million fortune in shady investments in the Nigerian oil sector and its shocking.

The shocking revelation was made by top German news magazine Der Spiegel – citing documents from soccer whistleblowing platform Football Leaks – which claims that Becker struck deals with Nigerian oil firms in 2013.


According to the magazine, the dubious ‘mega-deal’ was brokered by a Canadian firm and a Nigerian employee of Becker.

The documents reveal that in July 2013 Becker held shares in an oil and petrol firm in Nigeria, but the deal tanked last month after nearly a year of contraction in the oil sector that also had crippling effects on the Nigerian economy.


Becker looks on at Centre Court
According to his lawyer, John Briggs, the former Wimbledon champion was not a ‘sophisticated individual’ in matters of finance.

Becker, 49, once estimated to be worth upwards of £100million, was subsequently declared bankrupt over undisclosed sums owed to London-based private bankers Arbuthnot Latham & Co since 2015, Daily Mail writes.

It is understood that his remaining assets will be disposed of to pay creditors following a ruling by  a UK judge in June that he’d had the debts for a ‘very long time’.

Bad boy Becker’s fall from grace began with a divorce and paternity settlements in 2001 totalling more than £20million – to his first wife, Barbara. He similarly had a massive settlement case with Angela Ermakova, the Russian model who had his baby after a brief encounter in a London restaurant.

The six-time Grand Slam winner’s cash woes continued in 2002 after he was slammed a two-year suspended sentence for tax evasion, with an order to pay £2.5million in back tax, fines, and costs after claiming Monaco as his main residence while mostly living in Munich.

Now married to Lilly-Rose, Becker has worked as a tennis commentator after he was fired from Novak Djokovic’s coaching crew in December 2016.

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