Founder of the Chagoury Group, Ronald Chagoury was born in Nigeria on 8th January 1949. Christopher G. Chagoury holds a master degree in Business and Tax Law from Universit Panthon-Assas, Paris II and an LL.M. Based out of Lagos, Nigeria, Ronald Chagoury Jr. is a Representative of the Chagoury Group and Vice Chairman of Eko Atlantic, a division of the Chagoury Group. [], Oil theft in Nigeria's Niger Delta region has become rampant. Barely one year after its debut as a business-investigation-based -HLSI dogged by $20 million illegal transfer scandal Ronald Chagoury Jr. was born on January 8th, 1949 in Lagos State, Nigeria, to Lebanese immigrant parents, Ramez and Alice Chagoury. Gilbert and his brother, Ronald, who have built a reputation as giants of global philanthropy, are among Africas richest men with generous donations to charitable projects around the world. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); From Desmond Mgboh, Kano A Federal High Court sitting in Kano has fixed March 3rd forthe hearing 2019 The Sun Nigeria - Managed by Netsera. After a review, Chagoury was refused a visa to enter the U.S. last year. He was educated at the College des Frres Chrtiens in Lebanon, and studied business studies at California State University, Long Beach, US. A spokesman for Clintons campaign noted that the State Department has said the process has been managed by career real estate professionals.. Through their ownership of the Chagoury Group, Gilbert Chagoury and family have an estimated wealth of $4.2 . These cookies allow us to better cater to our clients and users needs. Valuable research and technology reports. 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. In early July, he was there live and in person in Paris, France to join his fellow compatriots and billionaires as guests of French President, Emmanuel Macron. Your email address will not be published. Full body measurements, dress & shoe size will be updated soon. 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 used to create and log into your user account. Ronald Chagoury was born on January 8, 1949 in Lagos, Nigeria to Lebanese immigrant parents - Mr Ramez and Mrs Alice Chagoury. LaHood, who prosecutors said was facing . In 2010, he was pulled off a private jet in Teterboro, N.J., and questioned for four hours because he was on the Department of Homeland Securitys no-fly list. After Clinton left the State Department, Chagoury again found himself under suspicion by U.S. security officials. 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. After studying at the College des Freres Chretiens in Lebanon, Ronald enrolled in business studies at Long Beach University, California. But with the coming to power of President Muhammadu Buhari, coupled with his mention in the then email scandal involving former United States first lady and Secretary Hillary Clinton, among other issues in the US, Chagoury mellowed for some time before he finally left Nigeria. 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. He was admitted to the New York bar in 2006 and practiced law in the United States for 2 years. He earned the money being a professional Businessperson. With his business knowledge fully attuned, Ronald quickly took oversight of the construction and civil engineering development of the Chagoury Group. 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). Seyi and Ronald Chagouri are close business partners. "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. 312 North Spring Street Sources said with nothing to be afraid of, however, Gilbert has chosen to stay away leaving his trusted brother to oversee all the multi-billion dollar investments and projects scattered across Nigeria. Chagoury also has given to Republicans: He and his brother, along with Eko Atlantic, are listed as sponsors for a 2014 art exhibit at the George W. Bush Presidential Center. I never imagined what the future would hold for me, Chagoury once said of his boyhood in Nigeria. 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. But even as those talks were underway, bureaucrats in other arms of the State Department were examining accusations that Chagoury had unsavory affiliations, stemming from his activities and friendships in Lebanon. At its core, the Chagoury 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. His phenomenal influence started during the late Sani Abacha era but it peaked during the Goodluck Jonathan era. Have a question about Government Services? Born in Lagos, Nigeria by immigrant parents in the 1930s, Gilbert hes all-in-all a Nigerian albeit of Lebanese blood and Ronald owned a number of great investments in Nigeria. He is from Nigeria. For Ronald, sustainability. 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. 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. That was the situation until power changed hands in Nigeria in 2015. Secure .gov websites use HTTPS by the website. He walked the labyrinth of Nigerias power corridor through successive military regimes, striking gold under the late military strongman, General Sani Abacha, to whom he was a personal economic advisor. A pioneer on the web since 1996, Africa Intelligence is the leading news site on Africa for professionals. 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.. Joseph Tanfani previously covered the Justice Department and Homeland Security in the Washington, D.C., bureau. Soon after President Clinton named Donald E. McHenry a special envoy to Nigeria in 1995, Gilbert and brother Ronald Chagoury visited McHenry in his office at Georgetown University in Washington. Chagoury wanted only to pass along insights on Lebanese politics, Corallo said, adding that nothing ever came of it and that Chagoury never talked to anyone at the State Department. 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. Bringing with him his experiences, Laurent continues to push the core values of The Chagoury Group. Biography, Net Worth, Gossips, Salary, News & Much More. His visa troubles stem at least in part from his involvement in the tangled politics of Lebanon. He almost made it completely out of hibernation under Jonathan but ran into troubled waters again by funding Jonathans re-election campaigns in 2014 against the winner President Muhammadu Buhari. The Justice Department also said Rep. Fortenberry repeatedly lied to and misled authorities during the investigation into illegal contributions made by Chagoury to his reelection campaign. How will we, as humans, adapt to a very fast changing world?. By last summer, U.S. diplomats had selected a 9.9-acre property at Eko Atlantic as the preferred site for a new Lagos consulate, State Department documents obtained by the Los Angeles Times show. Ronald Chagoury. RELATED STORIES. In July this year when Tinubu had to visit Paris for undisclosed reasons, it was Chagoury that helped organized his trip. Chagoury was born in 1946 in Lagos to Lebanese parents, and as a child attended school in Lebanon. 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. 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. On 3-count charges one count of scheming to falsify and conceal material facts and two counts of making false and misleading statements to federal investigators for illegal contributions to re-election campaign of Nebraska Republican Congressman, Rep. Jeff Fortenberry. Now Ronald Chagoury's primary focus is finishing Eko Atlantic. An In-depth Guide on Web Scraping. How will society and cities evolve over the coming decades? Typically, the person is told of the grounds for refusal, but not the details. He owns a seven-bedroom hilltop mansion in Beverly Hills, 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. This service is completely free of charge. Of course not. Ronald Chagoury prefers not to tell the details of marital status & divorce. Why the USC/L.A. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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 this Wikipedia the language links are at the top of the page across from the article title. The consent submitted will only be used for data processing originating from this website. Calinehas since expanded her role in The Chagoury Group to look over various other companies. [citation needed] His family conglomerate now controls a host of businesses, including construction companies, flour mills, manufacturing plants and real estate. THE AFTERMATH OF ARRESTING AND CALLING AN ACCOUNTANT TO ACCOUNT., Foreign vessels fly Nigerian flag, corner 10-billion-dollar maritime contracts under false pretexts. Chagoury, who denied knowing the funds were stolen, paid a fine of 1 million Swiss francs, (about $600,000), and gave back $65 million to Nigeria; to get his Swiss conviction expunged. Biography [ edit] Ronald Chagoury was born in Nigeria on 8 January 1949, the son of Ramez and Alice Chagoury, who had emigrated from Lebanon in the 1940s. He further admitted to making illegal conduit contributions causing campaign contributions to be made in the name of another individual. "Lagos has about 2500 hotels, but in terms of bookings, it has about 35-40% of all hotel bookings in Nigeria."In our second episode today, Vice-Chairman Eko . Abacha turned out to be one of the most notorious kleptocrats in history, stealing billions in public funds. He is a businessman, diplomat and philanthropist. View Ronald Chagoury Jr's profile on LinkedIn, the world's largest professional community. Chagoury is alleged to have bankrolled the election campaign of then President Goodluck Jonathan who was defeated by Buhari. 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. The nation's health sector, at the weekend, received a major boost, as Skipper Seil Group in partnership with Eye-Q, unveiled a state-of-the-art facility, known as Skipper Eye-Q Super Specialty . 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