Connect with us

Featured

Kola Aluko’s Super Yacht, Galactica Star Sold!

Published

on

At last the The 65-metre Galactica Star super yacht owned by Oil mogul, Kola Aluko has been sold for whopping $42million

The wonderful piece of craftsmanship, according to Yachtharbour.com was sold on July 25, 2019.

In April 2019, the vessel was offered for sale in a sealed bid arrangement, proposed by the U.S. Department of Justice and the Federal Republic of Nigeria and approved by U.S. federal court.

The sale followed a court-ordered seizure of the yacht’s owner’s assets due to possible connections to an ongoing Nigerian oil corruption scandal, triggered by the Panama Papers investigation. The latter refers to 11.5 million leaked encrypted confidential documents that were the property of Panama-based law firm Mossack Fonseca, exposing the network of more than 214,000 tax havens.

It was gathered that Fraser representing the seller and Burgess represented the buyer.

The yacht was custom-built by Dutch yard Heesen in 2013 and is seconds only to the builder’s 70-metre Galactica Super Nova in terms of Length Overall (LOA).

She features exterior styling by Omega Architects, engineering by Van Oossanen & Associates, finished by interiors from the boards of Bannenberg & Rowell.

The US and Nigerian governments received Federal Court approval to sell the arrested superyacht due to high maintenance and dockage fees, estimating the combined cost at around $170,000 per month. Managed by Fraser, the vessel was listed at $42,000,000.

Galactica Star accommodates up to 12 guests overnight in 6 cabins, comprising a master suite, 1 VIP stateroom, and 4 double cabins. She is also capable of carrying up to 13 crew onboard to ensure a relaxed luxury yacht experience.

The most alluring feature about the vessel is what goes on below the waterline. Van Ossaanen Naval Architects successfully created a yacht that cruises 30% more efficiently than a conventional round-bilged motor yacht in this size range.

Powered by 2 MTU 5,592 HP diesel engines and propelled by twin screw propellers, Galactica Star is capable of a top speed of 27 knots, and comfortably cruises at 24 knots.

With her 90,000 fuel tanks she has a maximum range of 4,200 nautical miles at 14 knots. Her water tanks store around 30,000 litres of fresh water.

The yacht used to be popular for charter among celebrities. It was once rented by American music industry power couple, Jay Z and Beyonce for a holiday cruise at $900,000 a week to celebrate Beyoncé 32nd birthday in 2013.

The yacht is registered in the Cayman Islands and flies under the British flag. It comes with its own helipad, outdoor Jacuzzi and plenty of space for dancing and dining.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

Shaibu Eats Humble Pie, Apologises to Obaseki, Says ‘I Missed My Gov’

Published

on

By

Call it the eating of a humble pie, and you may not be wring as the embattled Deputy Governor of Edo State, Philip Shaibu, apologised to Governor Godwin Obaseki amid a face-off between them.

Speaking to reporters on Thursday in Benin City, Mr Shaibu appealed to Governor Obaseki to forgive his “mistakes” for them to continue to work together, Channels TV reported.

“I use this medium to appeal to Mr Governor, if there is anything that I don’t know that I have done, please forgive me so that we can develop our state together,” he said.

“We have just one year to go. We have been the envy of the entire country. So, Mr Governor, if there is anything you feel that I have done, please I am sorry. I need us to work together to finish well and strong,” the deputy governor added.

When asked if he had resumed at his new office, Mr Shaibu said, “We have resumed but there is still a lot of work to be done there.

“There is no problem about it. The governor has asked us to go there. Like I have always tried to prove, I am a loyal servant and nothing has changed.

“I took a personal vow to support my governor and you can see my Catholic people are here. When I took a vow with God, nothing can change it and I wish that the relationship that we had will come back in the next few days and weeks.”

Mr Shaibu also said he has been missing the governor since their rift began, and expressed hope that God will “touch the governor’s heart” to forgive him.

“I mean well. If there is any mistake I have made as a human, it is not out of wickedness because I know I’m not wicked. I have a very clean heart.”

Continue Reading

Featured

Tinubu Moves to Stop Release of Academic Records, Appeals US Court Judgement

Published

on

By

President Bola Tinubu has appealed against the ruling of  Judge Jeffrey T. Gilbert, sitting at the United States’ District Court of Northern Illinois which ordered the Chicago State University (CSU) to release all relevant records pertaining to him.

SaharaReporters had reported how the federal court in Chicago, while ruling on the civil case filed by Atiku Abubakar, on Tuesday granted the applicant’s request to the court, stating that former Nigeria’s vice-president had been able to sufficiently satisfy the purpose for seeking the records.

In the judgement documents seen by SaharaReporters on Wednesday, Judge Jeffrey Gilbert also ordered a deposition of designated CSU officials within two days after the records have been released, noting further that the process can be conducted during the weekend if necessary.

However, as the school prepared to surrender the papers, Tinubu filed an emergency motion in the district, requesting a higher judge to reconsider Mr Gilbert’s September 19 ruling and postpone the execution until at least September 25, according to People’s Gazette.

“Due to the timing for compliance by Chicago State University – later today – Intervenor is filing this motion separately from its challenge to the Magistrate’s ruling on the application,” Mr Tinubu’s lawyers, led by Christopher Carmichael, said. “Intervenor intends to file, by the end of the day, a substantive brief addressing the errors in the Magistrate’s decision.”

SaharaReporters

Continue Reading

Featured

Boy Whose ‘Intestine Went Missing in Lagos Hospital’ Dies

Published

on

By

Twelve-year-old Adebola Akin-Bright, whose small intestine went missing during surgery in the hospital has died.

A close member of the family confirmed the tragedy to BBC News Pidgin, adding that Adebola suffered from internal bleeding.

He was subsequently rushed to the intensive care unit of the Lagos State University Teaching Hospital (LASUTH) but he did not make it.

Adebola had been battling to survive after multiple surgeries were performed on him and it was confirmed that his small intestine was missing.

His mother, Abiodun Deborah had decried the non-intervention of the Lagos State Government, under the leadership of Babajide Sanwo-Olu and the Nigerian Medical Association in the mysterious disappearance of the small intestine of her 12-year-old son while receiving treatment at LASUTH.

Deborah who spoke to SaharaReporters earlier in September narrated how her son, Adebola, was referred to LASUTH from a private hospital, Obitoks Medical Centre situated at Ileepo in the Alimosho Local Government Area of the state on June 17 following a complication from surgery to correct intestinal obstruction.

According to the mother, her son was said to have a ruptured appendix and he had surgery at Obitoks Medical Centre in February 2023.

“After the surgery, he was fine until June when he kept saying he had pain in the stomach. This made us go back to the hospital and the doctor said he had intestinal obstruction and he underwent another surgery,” the mother told SaharaReporters.

She revealed further more than seven days after her son had the second surgery, they noticed that he was still draining bilious fluid.

“We went back to the private hospital and the Chief Medical Doctor told us the boy would undergo another surgery and it will be with the help of a professor from Lagos State University Teaching Hospital, LASUTH.

“This was why we decided to move to LASUTH since the professor is from there so that they can have total management,” she said.

She added the management of LASUTH told them the boy should not undergo another surgery immediately but they kept nursing him.

SaharaReporters

Continue Reading

Trending

%d bloggers like this: