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| Jamie Foxx and Kola Aluko |
The Los Angeles Times has
reported that Kola Aluko, a controversial Nigerian oil tycoon, has sold his
Bel-Air, Los Angeles mansion, as Nigerian and European authorities investigate
him for a series of money-laundering and fraud-related crimes.
Kola Aluko sold the home last
week for $21.5 million, taking a $3 million loss after purchasing the sprawling
residence in 2012 for $24.5 million. Aluko, 46, apparently sold the residence
in an off-market transaction using a limited-liability company. An off-market
sale in real estate refers to a property that is sold without any form of
public advertising.
Aluko’s former home- a
contemporary-style showplace in the 700 block of Sarbonne Road, Los Angeles,
was designed by architect Paul McClean and built in 2011. The property sits on
more than an acre, has a gated entrance, a subterranean garage and a
132-square-foot infinity-edge swimming pool among other features.