Chagoury now backs an Aoun rival for the presidency. Get the latest News and updates of issues from Nigeria, Africa and around the World, direct into mailbox. He was educated at the College des Frres Chrtiens in Lebanon, and studied business studies at California State University, Long Beach, US. Continue with Recommended Cookies. His parents emigrated from Lebanon to Nigeria in the 1940s. After Clinton left the State Department, Chagoury again found himself under suspicion by U.S. security officials. Chicago Mayor Lightfoot ousted; Vallas, Johnson in runoff, Column: Supreme Court conservatives may want to block student loan forgiveness. 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. 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. Fearing the worst after the second meeting, he left never to return. Nigerian businessman Ronald Chagoury is the latest African name to show up in the Panama Papers. On this Wikipedia the language links are at the top of the page across from the article title. Suite 1200
It is not in his principles to act as transporter to anyone.. Now Ronald Chagoury's primary focus is finishing Eko Atlantic. The Time Is Now To Prepare For China Conflict, U.S. Army Leaders Take Your Grievances To The Courts, Not To The Streets, Buhari Tells Tinubu Writes Nigerians As President-elect, Says The Era Of Renewed Hope Has INEC Chairman Stoking Disaster For Nigeria And Cannot Claim Ignorance, President Obasanjo Obi defeats Atiku, Tinubu inside Aso Rock Polling Unit. He sold shoes and cars in Nigeria, according to a biography on his website, before marrying the daughter of a prominent Nigerian businessman. They are also behind the over $6 billion Eko Atlantic project, which is an entirely reclaimed coastal city built also in the upmarket Victoria Island area of Lagos and is reserved exclusively for the high net worth individuals and corporate entities including some embassies. He sold shoes and cars in Nigeria, according to a biography on his website, before marrying the daughter of a prominent Nigerian businessman. Having worked in various firms, and after completing an MBA program at the University of Southern California, Laurent moved to Lagos, Nigeria to be an Executive Member in The Chagoury group to oversee multiple companies. Gilbert Chagourys plans for the future include tying up the best of African industry to the resource needs of China, India and Latin America. The visa decision process is opaque and provides little recourse for those who are denied entry. He is from Nigeria. The Chagoury brothers own the prestigious Eko Hotel & Suites, HITECH Construction Company and ITB Construction Limited. But no meeting ever happened, according to both Feltman and Chagourys spokesman. 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). Founder of the Chagoury Group, Gilbert Ramez Chagoury was born in Lagos, Nigeria on 8th January 1946. Satellite Times trains journalists on Shipping Fraud and allied Maritime Investigations. Clinton's aide, Doug Band, even invited Chagoury to his wedding. List of user support cookies: LiveChat. Let's check, How Rich is Ong, Keji Giwa estimated Net Worth, Biography, Age, Height, Dating, Relationship Records, Salary, Income, Cars, Lifestyles & many more details have been updated below. even invited Chagoury to his wedding. A Clinton campaign spokesman said Judicial Watch, the conservative organization that sued to make the emails public, has been attacking the Clintons since the 1990s.. Chagoury GroupGilbert Chagoury3Ronald Chagoury1971 Ronald71 20062009Eko Atlantic 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. Later, LaHood also made misleading statements to FBI agents investigating Chagoury about the check and its source. Not only did he give business advice to General Sani Abacha, Chagoury gave advice too to the then president of Benin Republic, Mathieu Krkou a military ruler turned politician who ruled his country for a total of 29 years. The Lebanese also exported his service to yet another African country; this time Chad and its President Idriss Deby who in 2005 bestowed on the businessman a national honour the Ordre National du Tchad with the rank of Commander. Arsans deferred prosecution agreement, which took effect in November 2020, also resolves a criminal investigation into his alleged tax violations in the years 2012 to 2016 stemming from his failure to report money he held in foreign bank accounts. Ronald is married to Berthe, daughter of Blanche and Eduard Awad, and they have two children. Abacha turned out to be one of the most notorious kleptocrats in history, stealing billions in public funds. Following graduation, he quickly returned to Nigeria and began to implement the business principles he had so eagerly taken on board in the United States. A cookie is a text file placed on the hard drive of your terminal (computer, smart phone, tablet, etc.) He said that Chagourys lawyers resolved the issue and that he never asked anyone else for help. This Nigerian business-related biographical article is a stub. He is the Vice Chairman of South Energyx Nigeria Limited, which is part of the Chagoury Group, a multinational business conglomerate based in Lagos, Nigeria. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Businessperson Ronald Chagourys net worth is $1-5 Million at the age of 70 years old. Al Anany. Accept Read More, Nigeria: 830 persons kidnapped, 69 terror bandits killed in Kaduna State within 3 months, Black Americans undercounted in U.S. 2020 Census, two new studies show, Worries Over Future Of The Internet As ITU Plenipotentiary Holds, What pandemic? Both men are on the board of the multi-billion Loatsad Promomedia Communications Consultancy. BUSINESS LEAKS gathered that Gilbert Chagoury began to court Tinubu from his early days as governor of Lagos State. A spokesman for Clintons campaign noted that the State Department has said the process has been managed by career real estate professionals.. [16] He has also donated US$10,000 to the Beverly Hills 9/11 Memorial Garden in Beverly Hills, California. Business Leaks is a publication of the International Center for Development Reporting (ICDR). Mrs. Moussalli-Nouri holds a first degree in civil engineering and a master's degree each in construction and structural engineering.. She currently serves as CEO of Wazobia TV & Wazobia MAX TV and is a member of the Young Presidents Organisation. [], The Islamic Movement in Nigeria, a radical Shiite organisation that claims millions of followers, is riven by power struggles and bitterly divided over whether to move into mainstream politics. Instead, Band, Bill Clintons aide, pushed for new access for Chagoury after Hillary Clinton took over at the State Department. See All Contacts. He is ranked on the list of 2225 popular Businessperson. According to a deferred prosecution agreement with the government, Chagoury accepted responsibility for his role and conduct that resulted in violations of federal election contribution laws between June 2012 and March 2016 and agreed to cooperate with the governments investigation. He was admitted to the New York bar in 2006 and practiced law in the United States for 2 years. What do you know about Ronald Chagoury? Real-time trigger alerts. Chagoury, who denied knowing the funds were stolen, paid a fine of 1 million Swiss francs, then about $600,000, and gave back $65 million to Nigeria; a Swiss conviction was expunged, a spokesman for Chagoury said. His website shows him shaking hands and laughing with Pope Francis. 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Ronalds parents, Ramez and Alice Chagoury had emigrated to Nigeria in the 1940s where they instantly laid down roots and became fully part of Nigerian society and culture. His family conglomerate now controls a host of businesses, including construction companies, manufacturing plants, flour mills and real estate. U.S. Attorney's Office, Central District of California, Environmental Crimes and Community Safety, Lebanese-Nigerian Billionaire and Two Associates Resolve Federal Probe into Alleged Violations of Campaign Finance Laws, Former FBI Special Agent Sentenced to 6 Years in Prison for Accepting Bribes Paid by Attorney Linked to Organized Crime Figure, Former Los Angeles City Politician Jos Huizar Pleads Guilty to Racketeering Conspiracy and Tax Evasion Charges, Former Top Official in Orange Countys Democratic Party Agrees to Plead Guilty to Attempted Wire Fraud and Admits to Bribery Scheme, Lebanese Nigerian Billionaire and Two Associates Resolve Federal Probe Into Alleged Violations of Campaign Finance Laws. Ronald's parentsemigrated to Nigeria in the 1940s where they instantly laid down roots and became fully part of Nigerian society and culture. Ronald Chagoury Jr. 6 Min Read Over 55 percent of the world's population lives in cities and, by 2050, that number is projected to rise to an astounding 68 percent. For the last three decades, Corallo said, Chagoury spent at least a few months each year in Beverly Hills, where he owns an 18,000-square-foot estate, once the home of actor Danny Thomas, with commanding views of West Los Angeles and the ocean. On Popular Bio, He is one of the successful Businessperson. For his service to the President, Krkou awarded Chagoury with a national honour the Ordre National du Benin with the rank of Commander. 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. Stay informed anytime, anywhere! A pioneer on the web since 1996, Africa Intelligence is the leading news site on Africa for professionals. Chagoury also contributed $1 million to $5 million to the Clinton Foundation, according to its list of donors. United States Attorneys Office Chagoury has contributed to charitable projects there, advocated on behalf of the countrys Christians and formed political alliances, including with Michel Aoun, a Lebanese Christian politician who served as army commander and prime minister during the countrys civil war. After completing undergraduate and graduate studies in France, Ronald returned to Nigeria in 2007 to join The Chagoury Group as an Executive Member. They are also used to create and log into your user account. It aims to make browsing more fluid and to offer you content and services tailored to your interests. Los Angeles Times. Through her many endeavors, both within The Chagoury Group and out,Calinecontinues her commitment to Nigeria. All Rights Reserved. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Businessperson Ronald Chagoury's net worth is $1-5 Million at the age of 70 years old. He owns a seven-bedroom hilltop mansion in Beverly Hills in California, and he has a high-level network of friends from Washington to Lebanon to the Vatican, where he serves as an ambassador for the tiny island nation of St. Lucia. Nigerian billionaire Gilbert Chagoury, one of Africas richest men, has built a reputation as a giant of global philanthropy. The billionaire was then shuttling London, Beirut and Dubai to attend to business concerns personally until recently when he finally settled for Paris as his new base where he was plucked to be part of Macrons France-Nigeria Business Council headed by Nigerian billionaire, Abdulsamad Rabiu. 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, still under consideration, to build a consulate on Chagoury family land in Lagos, Nigeria. In spite of his network of powerful friends, Chagoury has aroused the suspicions of U.S. security officials. Secure .gov websites use HTTPS Caline Ronald Chagoury is the sole director and shareholder. Los Angeles, California 90012. $200 million illegally earned by Shell from extensions of oil exploration leases. Located in the heart of Victoria Island and shielded from the hustle and bustle of the Lagos metropolis, Eko Hotels & Suites offer our corporate clients and walk in guests a perfect blend of relaxation, activities, and African tradition delicately infused to meet the highest international standards. 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 . This website uses Cookies to improve User experience. In the mid-1990s, Chagoury donated nearly $500,000 to a voter-registration drive designed to help Democratic candidates, attended a White House dinner for premium donors, and met with high-ranking . Ronald has and continues to incorporate new technologies and systems throughout various companies within The Chagoury Group to ensure the companies remain at their best. His business empire has interests in construction, real estate,. You can modify or delete your notifications or summaries in your account. He left Nigeria for Lebanon for his university education at College des Freres Chretiens. Primary Income source Businessperson (profession). 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. Christopher G. Chagoury holds a master degree in Business and Tax Law from Universit Panthon-Assas, Paris II and an LL.M. 3. Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. 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. More from Medium. He is abusinessman, diplomat and philanthropist. His parents, Ramez and Alice Chagoury were Lebanese immigrants who raised all their children in Nigeria, a country they had both come to love passionately. Federal prosecutors entered into the deferred prosecution agreement considering, among other factors, Chagourys unique assistance to the U.S. government, his payment of a fine, Chagourys acceptance of responsibility for his actions, and his residence outside the United States. Buttering up Buhari Tinubu and Chagoury have helped each other out many times. Calinecontinually 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. He is hoping to regain the influence he enjoyed under Sani Abacha, the country's military junta leader in the 1990s. Over the years, Chagoury attended Clintons 60th birthday fundraiser and helped arrange a visit to St. Lucia, where the former president was paid $100,000 for a speech. 14 Followers. The two men are also in business together, and are both on the board of the Loatsad Promomedia communications consultancy. Gilberts commitment to African development was further cemented following his marriage to Rose Marie Chamchoun, the daughter of a successful businessman operating in Niger and Benin. Chagoury believes it was unfair for government officials to disclose the episode and to suggest that he was a potential threat, Corallo said. Dynamic search and list-building capabilities. . Ronald has 2 jobs listed on their profile. He also has a position among the list of Most popular Businessperson. An example of data being processed may be a unique identifier stored in a cookie. The family has an estimated wealth of $4.2 billion. I especially thank my friends Gilbert and Ron Chagoury for making it happen, he said. Two years ago, he helped pay for a conference in Washington on the persecution of Christians in the Middle East; some attendees supported Hezbollah, but the director of the group that organized the conference said that didnt mean Chagoury or other conference organizers were among them. Dizzying accounts of mind-boggling looting, including using trucks to transport foreign currencies out of the vaults of the Central Bank of Nigeria (CBN), were some of the improbable tales that turned out to be true following the sudden death of General Abacha. Both Fortenberry and Chagoury face up to 15 years imprisonment if convicted. -major contractor an offshore company registered in tax haven, British Virgin Islands. He owns a seven-bedroom hilltop mansion in Beverly Hills in California, and he has a high-level network of friends from Washington to Lebanon to the Vatican, where he serves as an ambassador for the tiny island nation of St. Lucia. The Chagoury returned the favour when Tinubus son Seyi had his own wedding. Chagoury is alleged to have bankrolled the election campaign of then President Goodluck Jonathan who was defeated by Buhari. Ronald Chagoury Jr (@ronaldchagoury) Instagram photos and videos ronaldchagoury Follow 172 posts 17.5K followers 1,045 following Ronald Chagoury Jr Infrastructure Africa City Building @ekoatlantic Shore Protection Green Tech . LaHood failed to disclose the $50,000 check on two government ethics forms as required because LaHood did not want to be associated with Chagoury. Born on January 8th, 1946 in Nigeria to Lebanese immigrant parents, Gilbert's happy childhood years growing up as one of eight siblings gave him a sense of freedom and fearlessness familiar to many children growing up in Africa. Barely one year after its debut as a business-investigation-based -HLSI dogged by $20 million illegal transfer scandal Over the years, Chagoury attended Clintons 60th birthday fundraiser and helped arrange a visit to St. Lucia, where the former president was paid $100,000 for a speech. Required fields are marked *. 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. To that endCalinehas launched multiple businesses including: After completing her studies in France, and in addition to running her own businesses,Calinejoined The Chagoury Group in 2010 to oversee the many upgrades and improvements that have continually been added to The Eko Hotel. Nigerian billionaire Gilbert Chagoury, one of Africa's richest men, has built a reputation as a giant of global philanthropy. This service is completely free of charge. Ronald returned to Nigeria after his education. During the Krkou era, the Beninese economy was dominated by Lebanese businessmen who controlled the import trade from textiles to second-hand automobiles, grains to toothpaste. After studying at the College des Freres Chretiens in Lebanon, Ronald enrolled in business studies at Long Beach University, California. A year ago, after his visa application was denied, Chagourys mansion was put on the market, with an asking price of $135 million. The brothers returned briefly to the spotlight in April 2020 when they significantly boosted Nigerias fight against the spread of the deadly coronavirus pandemic with the donation of N1 billion to Lagos State government. He was St. Lucias ambassador to UNESCO and the Vatican until 2017. 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. 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. As a businessman, Mr.. We need Gilbert Chagoury to speak to the substance guy re Lebanon. "Lagos's population is growing to 25 million," he said. Ronald Chagoury Jr. is the Vice Chairman of South Energyx Nigeria Limited, which is part of the Chagoury Group, a multinational business conglomerate based in Lagos, Nigeria. Ciaran McEvoy A friend and spokesman, Mark Corallo, said Chagoury was a generous and peace-loving man unfairly scrutinized because of his association with the Clintons. De Chadarev said Aoun categorically denied any arrangement where he shared money with Hezbollah or passed funds from Chagoury: No, no, no. He is married to Rose-Marie Chamchoum, also a Lebanese with links to Niger Republic. Chagoury was born in 1946 in Lagos to Lebanese parents, and as a child attended school in Lebanon. LaHood, who at the time was suffering financial difficulties, admitted that in 2012 he accepted a $50,000 personal check from Baaklini with the word Loan written in the checks memo portion and understood at the time that the money came from Chagoury. 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