The agency later wrote to Chagoury to apologize for any inconvenience or unpleasantness.. Prior to this role, she was Deputy Managing Director at AIM Group, a multi-disciplinary group providing services in Architecture and Engineering . He returned to hibernation for backing the wrong horse but recently began to stage a comeback hosting in Paris last July, the presidential candidate of the All Progressive Congress (APC), Bola Ahmed Tinubu. Not amused in Nigeria, all that President Olusegun Obasanjo wanted to do at this time was to arrest Chagoury who cleverly avoided Nigeria like a plague. A source told Spotlight that in the run up to the 2015 Presidential elections, Chagoury allegedly splashed out a huge sum of money on PR services in the US for the benefit of the then incumbent President Goodluck Jonathan against the person of his rival. In a separate and unrelated matter, Ray LaHood, 75, who served as U.S. Secretary of Transportation from 2009 to 2013, paid a $40,000 fine to resolve a federal criminal investigation into LaHoods conduct related to a $50,000 financial transaction between LaHood and Baaklini in June 2012. Do Not Sell or Share My Personal Information, Column: Trump tormentor, whiteboard wizard its the brand that matters in California Senate race, Ohios senators to unveil rail safety bill in wake of East Palestine derailment, Newsom gets good marks in new poll but faces test with budget crisis, Before and after photos from space show storms effect on California reservoirs, Before and after photos from space show epic snow blanketing SoCal mountains, The chance of a lifetime: Five friends ski the tallest mountain in Los Angeles, Supreme Court casts more doubt on Bidens plan to forgive student loans. Benue State-born Achief Thaddeus Atta, Under Labour Party, Defeats 2 Indigenous Lagosians Presidential Election: Hurricane Obi Sweeps South East, South South, Obi-Datti Presidential Campaign Cries Foul, Says INEC Is Throwing Nigeria Into Chaos, The Time Is Now To Prepare For China Conflict, U.S. Army Leaders Say, Take Your Grievances To The Courts, Not To The Streets, Buhari Tells Presidential Election Losers As He Congratulates Tinubu, Tinubu Writes Nigerians As President-elect, Says The Era Of Renewed Hope Has Begun. He currently is Chairman of the board of directors of Eko Hotels Limited; Executive Director of ITB Nigeria limited and sits as Director to various companies including Nigerian Eagle Flour Mills Ltd.; Courdeau Nigeria Ltd.; Courdeau Catering Nigeria Ltd. and Eko Development Company Limited. Band declined to comment for this story. Official websites use .gov Lebanese billionaire Chagoury banks on presidential candidate Bola Tinubu. In 2009, Band wrote his friends in the department. Stay on top of your Business Credit File . Full body measurements, dress & shoe size will be updated soon. When Chagourys younger brother Ronald got married in 2007, Tinubu flew to Monaco for the wedding. Gilbert and Ronald Chagoury founded C & C Construction in the late 1970s, which was the forerunner of Hitech and ITB. Chagoury now backs an Aoun rival for the presidency. He left Nigeria for Lebanon for his university education at College des Freres Chretiens. Barely one year after its debut as a business-investigation-based -HLSI dogged by $20 million illegal transfer scandal Discover businesses, people, places and things in and outside Nigeria. Despite controversy and legal action, notably in Kogi State, Dangote generally gets his way, thanks to his wealth and political connections. LaHood, a former Republican congressman who served in the first term of the Obama administration, agreed to pay a $40,000 fine to resolve a federal criminal probe into a loan he received from Chagoury. Their effort was to try and influence anyone who they thought could influence the U.S. government, McHenry said, adding that the approach was heavy-handed. Chagoury was born in 1946 in Lagos to Lebanese parents, and as a child attended school in Lebanon. Get a D&B Hoovers Free Trial. "If 2 percent can afford it, or 5 percent, that will be . Together with his brother,Gilbert Chagoury, he has formed a partnership that has helped the Chagoury industrial and financial empire growto encompass a multi-faceted business chain, determined to break the myths and perceptions of African developmental limitations. Required fields are marked *. Homeland Security documents show that he was subsequently removed from the list and categorized as a selectee, meaning he can fly but receives extra scrutiny. As you know hes key guy there and to us and is loved in Lebanon. His website shows him shaking hands and laughing with Pope Francis. Chagoury was born in 1946 in Lagos to Lebanese parents, and as a child attended school in Lebanon. The United States Justice Department on Tuesday, charged Nigerian billionaire, Gilbert Ramez Chagoury with one count of scheming to falsify and conceal material facts and two counts of making false and misleading statements to federal investigators during an investigation into illegal contributions he made to the re-election campaign of Nebraska Republican Congressman, Rep. Jeff Fortenberry. . Get the latest News and updates of issues from Nigeria, Africa and around the World, direct into mailbox. Though the Lebanese billionaire went to live far away from Nigeria, he was never really far away from his corporate centre of gravity. Contact 4? She said at a recent briefing that she was unaware of whether Hillary Clinton knew the site was under consideration; it was on a list of possibilities submitted by a real estate firm in 2012, Trudeau said in response to questions from The Times. Under Review. He also has a position among the list of Most popular Businessperson. Ciaran McEvoy Three ways to create your email notifications: Do not hesitate to create your own notifications according to your interests : better criteria narrows down the results. It was further gathered that Chagourys sole purpose was to secure an assurance that the EFCC would not look into his business dealings under Goodluck Jonathan. But I knew there was a vision for my life that was greater than I could imagine. I consider it a duty to give back.. 2018 Chagoury Group. Founder of the Chagoury Group, Ronald Chagoury was born in Nigeria on 8th January 1949. State of the States: Kwara. He aims high, targeting resource-rich or vulnerable third-world countries, and then finds a way of attaching a puppet string to the neck of that countrys president. Clintons aide, Doug Band, even invited Chagoury to his wedding. Caline Chagoury - Executive Member Caline continually looks to the advancement of her home, Lagos, Nigeria, through building businesses, establishing spaces for the Arts of Africa to flourish, and empowering artists to reach their full potential. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Ronald Chagoury (born 8 January 1949) is a Nigerian businessman, the co-founder (with his billionaire brother Gilbert Chagoury ), and CEO of the Chagoury Group . Under 18 USC Section 1001, the penalty for making false statements is a maximum sentence of up to five years in prison. His visa troubles stem at least in part from his involvement in the tangled politics of Lebanon. [1], Chagoury's name has appeared in the Panama Papers.[2]. In the 1990s, Chagoury portrayed himself as an Abacha insider as he tried to influence American policy to be friendlier to the junta. By the time Hillary Clinton became secretary of State, the relationship was strong enough for Bill Clintons closest aide to push for Chagoury to get access to top diplomats, and the agency began exploring a deal, to build a consulate on Chagoury family land in Lagos. "Nigeria's Chagoury Group Named In Latest Panama Papers Revelation Okayafrica", https://en.wikipedia.org/w/index.php?title=Ronald_Chagoury&oldid=1120431670, California State University, Long Beach alumni, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 7 November 2022, at 00:10. Despite wriggling himself out of those crises, various reasons plausible and implausible have been adduced for his AWOL in Nigerias business and social spheres. His parents emigrated from Lebanon to Nigeria in the 1940s. Gilbert was sent to study at the College des Freres Chretiens in Lebanon and after returning to Nigeria began a promising business career, rising quickly to become Director of Sales for a Nigerian car company. How NNPC intrigues stalled ExxonMobils sales of $1.52 billion assets to Seplat, BUSINESS LEAKS invited to speak at UKs Financial Crime Roundtable, SPECIAL REPORT: Nigerias seaports of oligarchs and monopoly czars, SPECIAL REPORT: Nigerias deep-sea paradox, Botswana at 57: The need to break the barrier of insularity, How Nigerian fraudsters loot European banks (2). During the rule of Gen. Sani Abacha, who seized power in Nigeria in 1993, Chagoury prospered, receiving development deals and oil franchises. His business empire has interests in construction, real estate,. Contact 3? Others are Eko Hotel and Suites Lagos, Hotel Presidential Port Harcourt, Courdeau Catering, Convention Centre, Ideal Flour Mills Kaduna, Niger Delta Flour Mills, Grands Moulins Du Benin and Nigerian Eagle Flour Mills whose products include Semolina; popularly called Semo. Real-time trigger alerts. Over the years, Chagoury attended Clinton's 60th birthday fundraiser and helped arrange a visit to St. Lucia, where the former president was paid $100,000 for a speech. Valuable research and technology reports. Share sensitive information only on official, secure websites. Gen. Mythili Raman later said. Ronald Chagoury Jr. was born onJanuary 8th, 1949in Lagos State, Nigeria, to Lebanese immigrant parents,Ramez and Alice Chagoury. Business Leaks is a publication of the International Center for Development Reporting (ICDR). Select from premium Ronald Chagoury of the highest quality. The company is currently working on Eko Atlantic, a new city construction project located off Victoria Island, adjacent to Lagos. Who are President Bidens Cabinet members? THIRD FORCE: THE FARCE AND FIASCO OF THE FIGHT. During that time, Chagoury alongside his co-billionaire businessman brother, Ronald were effervescent. The Chagoury has a huge stake in Tin Can Island which was built byC&C Construction, an arm of the Chagoury Group, to service the growing demands of its flour mills. He is one of the Richest Businessperson who was born in Nigeria. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. At a 2009 Clinton Global Initiative conference, where business and charity leaders pledge to complete projects, the Chagoury Groups Eko Atlantic development nine square kilometers of Lagos coastal land reclaimed by a seawall was singled out for praise. The 75-year-old Nigerian billionaire of Lebanese descent has been living in Paris, France since 2015, after he fell out of favor with the new political establishment in Nigeria led by President Muhammadu Buhari. Growing up steeped in the cultural traditions of two countries, Lebanon and Nigeria, Ronald quickly realised that his adopted country cried out for mechanisms to harness the boundless talents of its peoples. Follow. Nigerian businessman Ronald Chagoury is the latest African name to show up in the Panama Papers. Welcome to the new world of Nigerian billionaire of Lebanese descent, Gilbert Ramez Chagoury. Caline Ronald Chagoury is the sole director and shareholder. Founded by Gilbert Chagoury and Ronald Chagoury Jr., The Chagoury Group operates within a variety of areas, including construction, real estate development, hospitality, hotels, telecommunication, information technology services, manufacturing, insurance, international financing, catering, and flour mills, among others. (adsbygoogle=window.adsbygoogle||[]).push({}); Ong Kean Swan estimated Net Worth, Biography, Age, Height, Dating, Relationship Records, Salary, Income, Cars, Lifestyles & many more details have been updated below. RELATED STORIES. In 2005 Laurent graduated from the American University of Paris with a Bachelor of Arts degree in Business Administration and soon went on to work in the finance industry across Europe. For Ronald, sustainability. He is abusinessman, diplomat and philanthropist. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. When General Abacha was struggling with ill-health, Chagoury had flown foreign doctors and equipment to Aso Rock. []. Soon after President Clinton named Donald E. McHenry a special envoy to Nigeria in 1995, Gilbert and Ronald Chagoury visited McHenry in his office at Georgetown University in Washington. Ronald is married to Berthe, daughter of Blanche and Eduard Awad, and they have two children. These cases were prosecuted by Assistant United States Attorneys Mack E. Jenkins, Chief of the Public Corruption and Civil Rights Section, and Aron Ketchel, also of the Public Corruption and Civil Rights Section. Last summer, when Chagoury planned a trip to Los Angeles, he applied at the U.S. embassy in Paris for a visitors visa and was refused, according to interviews and government documents. After studying at the College des Freres Chretiens in Lebanon, Ronald enrolled in business studies at Long Beach University, California. The Chagoury owns C&C Construction Company Limited, ITB Construction, South Energyx Nigeria Limited, Hitech Construction, Shoreline Protection, Eko Atlantic City Project which they won without tender and will own for 78 years. It cited terrorism-related grounds, a broad category that can apply to anyone believed to have assisted a terrorist group in any way, including providing money. Contact 2? After a review, Chagoury was refused a visa to enter the U.S. last year. His name is on a gallery at the Louvre and a medical school in. We need Gilbert Chagoury to speak to the substance guy re Lebanon. You can modify or delete your notifications or summaries in your account. He sold shoes and cars in Nigeria, according to a biography on his website, before marrying the daughter of a prominent Nigerian businessman. Ronald Chagoury (born 8 January 1949) is a Nigerian businessman, the co-founder (with his billionaire brother Gilbert Chagoury), and CEO of the Chagoury Group. With brother Ronald Chagoury in partnership, the Chagoury industrial and financial empire has grown to encompass a multi-faceted business conglomerate determined to break the myths and perceptions of African developmental limitations. It aims to make browsing more fluid and to offer you content and services tailored to your interests. Of course, thats his new home since he chose to leave Nigeria in 2015. The ties between Chagoury and Aoun ended years ago in a dispute over oil franchises, said Michel de Chadarev, an official with Aouns party. She did not answer questions about whether the Clintons recommended Eko Atlantic. 2023 Manpower Nigeria. Growing up steeped in the cultural traditions of two countries, Lebanon and Nigeria, Ronald quickly realised that his adopted country cried out for mechanisms to harness the boundless talents of its peoples. Most notable among them is the lucrative deepwater Akpo gas field, OML 130. BUSINESS LEAKS gathered that even though Gilbert Chagoury broke the bank for Jonathans campaign, he also gave donations to the APC leading to Tinubu arranging a meeting between Chagoury and Buhari before the election. In spite of his network of powerful friends, Chagoury has aroused the suspicions of U.S. security officials. A spokesman for Clintons campaign noted that the State Department has said the process has been managed by career real estate professionals.. That letter did not explain why Chagoury was on the no-fly list, but another Homeland Security document shows agents citing unspecified suspicions of links to terrorism, which can include financing extremist organizations; Chagoury later told reporters that agents asked him what bank he used in Nigeria. And updates of issues from Nigeria, to Lebanese parents, and they have two.... In prison university education at College des Freres Chretiens guy re Lebanon insider as he to! 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