Roman Abramovich begs friends for $1m to pay staff – Newstrends
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Roman Abramovich begs friends for $1m to pay staff

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Russian oligarch Roman Abramovich has asked his Hollywood and US powerbroker friends to each lend him $1 million to keep him afloat as his assets are frozen by worldwide authorities.

Page Six reported that the Chelsea Football Club owner, whose bank accounts are frozen in the US and the UK, is desperately asking for loans from his prominent and powerful friends to maintain his whispered $750,000-a-week staff payroll — which includes the minions keeping his multiple luxury superyachts afloat.

But while Abramovich — who has hosted a series of starry celebrity parties on his boats and at his sprawling St. Bart’s estate — has many close friends in Hollywood, Wall Street and the tech world, we are told his associates are wary about lending him money, even as he takes part in the peace talks between Russia and Ukraine.

A source told Page Six, “Roman is asking some of his closest powerful friends to let him borrow $1 million.

“He is saying he has never missed payroll for his staff, which is $750,000 a week, and with his assets frozen, he can’t pay his people.

“He has reached out to Hollywood producer and director Brett Ratner and the Rothschild family, among many others, for money, but — while they are good friends with Roman — they have not agreed to give him money, because either they do not have that in liquid cash, or moreover it is not clear what are the repercussions under international law.”

Ratner declined to comment and the Rothschilds could not be reached. Neither have given money to Abramovich.

The United Kingdom and the European Union sanctioned Abramovich — who has a net worth of $14.3 billion, according to Bloomberg — in early March following Russia’s invasion of Ukraine.

Abramovich then had his assets frozen by US hedge funds. The sanctions also prevented Abramovich from profiting from the $3 billion sale of his Chelsea Football Club.

Meanwhile, Abramovich is still doing what he can to keep his assets afloat, by including himself in peace talks to bring an end to Russian President Vladimir Putin’s invasion of the Ukraine. He was invited to the peace talks by the Ukrainians, who believe he has a direct line to Putin — which he denies.

Abramovich, 55, reportedly made his fortune in the privatization rush after the collapse of the Soviet Union and was the owner of Millhouse Capital, an investment firm with stakes in nickel mining and steelmakers.

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Judge absent in Fayose N6.9bn fraud case, matter adjourned to July 1 

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Judge absent in Fayose N6.9bn fraud case, matter adjourned to July 1 

The money laundering trial of a former governor of Ekiti State, Ayodele Fayose, could not proceed on Thursday due to the absence of the trial judge, Justice Chukwujekwu Aneke, of the Federal High Court, Lagos.

Justice Aneke was said to be away on an official assignment and the case was adjourned to July 1 for the continuation of trial.

Fayose is being prosecuted by the Economic and Financial Crimes Commission (EFCC) for an alleged N6.9bn fraud and money laundering.

He was first arraigned on October 22, 2018, before Justice Mojisola Olatotegun, with his company, Spotless Investment Ltd, on an 11 counts bordering on fraud and money laundering offences.

He pleaded not guilty to the charge and was granted bail on October 24, 2018, in the sum of N50m with sureties in like sum.

The defendant was re-arraigned before Justice Chukwujekwu Aneke on July 2, 2019, after the case was withdrawn from Justice Olatoregun, following a petition by the EFCC against the judge.

He also pleaded not guilty to the charge and was allowed to continue on the earlier bail granted, while the case was adjourned for trial.

Fayose was alleged to have received a cash payment of the sum of five million dollars, (about N1.8bn) from the then Minister of State for Defence, Senator Musiliu Obanikoro, without going through any financial institution.

He was also alleged to have retained the sum of N300m in his account, with a control of the aggregate sums of about N622m.

Fayose was also accused of procuring De Privateer Ltd and Still Earth Ltd to retain the aggregate sums of N851m.

He was alleged to have used the aggregate sums of about N1.6bn, to acquire properties in Lagos and Abuja.

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Updated: Unite against Israel for humanity, Fani-Kayode tells Christians, Muslims

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Femi Fani-Kayode

Updated: Unite against Israel for humanity, Fani-Kayode tells Christians, Muslims

Former Minister of Aviation, Chief Femi Fani-Kayode, has appealed to Christians and Muslims to unite against Israel, drawing parallels between its actions and those of Nazi Germany.

FFK’s message, shared on various platforms, urged Catholics, Protestants, Shia, and Sunni Muslims to set aside their differences and jointly oppose what he termed as the “evil and demonic agenda” of Zionists and the state of Israel.

In his statement, FFK condemned Israel’s alleged history of carnage, ethnic cleansing, genocide, and mass murder, as well as its purported perpetuation of racism, apartheid, religious intolerance, and injustice. He questioned the legitimacy of Israel’s claim to be God’s chosen people, particularly in light of its perceived disregard for human life and suffering, including the targeting of women, children, and babies.

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By likening Israel’s actions to those of Nazi Germany, FFK sought to underscore the severity of the situation, accusing the state of accumulating “much blood on its hands” comparable to the atrocities of the past. He distinguished between the historical Israel of King David, which he portrayed as reverent toward God, and the contemporary Israel under leaders like Benjamin Netanyahu, whom he accused of espousing hatred and aligning with evil forces.

FFK’s statement reflects a broader sentiment of discontent and condemnation toward Israel’s policies, particularly within certain segments of the international community. As a vocal figure in Nigerian politics, his call for interfaith solidarity against Israel highlights the transnational nature of the Israeli-Palestinian conflict and its resonance across religious divides.
Unite Against Israel To Better Humanity,  Fani-Kayode Task Christians, Muslims

Unite against Israel for humanity, Fani-Kayode tells Christians, Muslims

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BREAKING: Panic at Lagos airport after fire outbreak, flights diverted

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BREAKING: Panic at Lagos airport after fire outbreak, flights diverted

Following a fire at the facility, the Federal Airports Authority of Nigeria (FAAN) has diverted flight operations from Terminal 1 of the Murtala Muhammed International Airport (MMIA) in Lagos to the D Wing.

The fire outbreak occured at the E54 Passenger Air Bridge at the domestic wing of the Airport.

The incident occurred at 5:29hrs on Thursday, according to a press release issued by Obiageli Orah, FAAN’s head of public affairs and consumer protection.

According to the statement, the fire, however, was brought under control by the Airport Rescue and Firefighting Services (ARFFS) at 06:41hrs while efforts to ventilate the smoke from the building were in progress.

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“At 05:29 hrs, smoke was detected billowing from the E54 Bridge, leading electrical engineers to immediately cut off power to the entire E Wing. The Airport Rescue and Firefighting Services (ARFFS) team was quick to respond, arriving at the scene by 05:30 hrs. Initial suspicions point to sparks from an electrical unit as the cause, but a thorough investigation is ongoing to ascertain the cause of the fire.

“The incident, which had escalated into a fire, was brought under control by 06:41 hrs. Efforts to ventilate the smoke from the building are in progress. In the meantime, all flight operations in Terminal 1 of MMA have been diverted to the D Wing. More details will follow shortly,” Orah stated.

BREAKING: Panic at Lagos airport after fire outbreak, flights diverted

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