Primary Income source Businessperson (profession). Its grand cheerleaders boast that upon completion, the new Eko Atlantic would match New Yorks Manhattan. Gilbert and Ronald Chagoury founded C & C Construction in the late 1970s, which was the forerunner of Hitech and ITB. 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. The two men are also in business together, and are both on the board of the Loatsad Promomedia communications consultancy. Prior to this role, she was Deputy Managing Director at AIM Group, a multi-disciplinary group providing services in Architecture and Engineering . He said Chagoury last saw Hillary Clinton at a 2006 dinner. But no meeting ever happened, according to both Feltman and Chagourys spokesman. Later, LaHood also made misleading statements to FBI agents investigating Chagoury about the check and its source. His website shows him shaking hands and laughing with Pope Francis. His visa troubles stem at least in part from his involvement in the tangled politics of Lebanon. Under 18 USC Section 1001, the penalty for making false statements is a maximum sentence of up to five years in prison. ciaran.mcevoy@usdoj.gov 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. They are also behind the over $6 billion Eko Atlantic project, which is an entirely reclaimed coastal city built in the upmarket Victoria Island area of Lagos and reserved exclusively for the high net worth individuals and corporate entities including some embassies. 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. Since the 1990s, Chagoury has cultivated a friendship with the Clinton family, in part by writing big checks, including an estimated $5 million to the Clinton Foundation, according to its list of donors. Welcome to the new world of Nigerian billionaire of Lebanese descent, Gilbert Ramez Chagoury. 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. Despite wriggling himself out of those crises, various reasons plausible and implausible have been adduced for his AWOL in Nigerias business and social spheres. Both men are on the board of the multi-billion Loatsad Promomedia Communications Consultancy. "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 . 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. It was also Tinubu that got governors of his then Action Congress of Nigeria (ACN) to award contracts to Chagouris subsidiaries in states like Ekiti, Osun and Edo. 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. Ronald's parentsemigrated to Nigeria in the 1940s where they instantly laid down roots and became fully part of Nigerian society and culture. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Chagourys plans for the future include tying up the best of African industry to the resource needs of China, India and Latin America. View Ronald Chagoury Jr's profile on LinkedIn, the world's largest professional community. Your email address will not be published. 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. and are now billionaires. 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. 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. Trump is encouraging and amplifying the message of a radical fringe of conservatives, Clinton says. Find Ronald Chagoury stock photos and editorial news pictures from Getty Images. Ronald Chagoury. 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. 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. Its still on sale. Founder of the Chagoury Group, Gilbert Ramez Chagoury was born in Lagos, Nigeria on 8th January 1946. The US was pushing for the return of democratic rule in Nigeria; Abacha, meanwhile, was eager to have Nigeria taken off a US list of nations enabling drug trafficking, McHenry said. 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.. BUSINESS LEAKS gathered that Gilbert Chagoury began to court Tinubu from his early days as governor of Lagos State. An Artist's Homing Beacon to Creativity: Connecting with the Universe is The Ultimate Transcendence. Ciaran McEvoy Chagoury also contributed $1 million to $5 million to the Clinton Foundation, according to its list of donors. 2023 Manpower Nigeria. She did not answer questions about whether the Clintons recommended Eko Atlantic. I never imagined what the future would hold for me, Chagoury once said of his boyhood in Nigeria. Official websites use .gov Joseph Tanfani previously covered the Justice Department and Homeland Security in the Washington, D.C., bureau. They have four children, Ramez, Gilbert-Antoine, Christopher and Anne-Marie. Yet others are Silhouette Furniture, Fleetwood Transportation, Glassforce, Ragolis Waters, Hyperia Internet, CKD Industries and Ideal Eagle Hospital which caters mostly to expatriate workers, including those of Royal Dutch Shell. A 2013 FBI intelligence report, citing unverified raw information from a source, claimed Chagoury had sent funds to Aoun, who transferred money to Hezbollah. 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. 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 . 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. Why not drop a review and rating for him. Lock 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. A locked padlock Times tracking poll differs from other surveys. 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. A federal grand jury also indicted Rep. Fortenberry, alleging that the Nebraska GOP congressman concealed information and made false statements to authorities. His name is on a gallery at the Louvre and a medical school in Lebanon, and he has received awards for his generosity to the Catholic Church and St. Judes Childrens Hospital. In 2014, Arsan at Chagourys direction wired $30,000 to a third party and indicated on the wire information form that the funds were for a wedding gift, when he knew or should have known that the funds were reimbursement for making a political contribution to a campaign fund for a federal elected official. Business Leaks is a publication of the International Center for Development Reporting (ICDR). Discover businesses, people, places and things in and outside Nigeria. A year ago, after his visa application was denied, Chagourys mansion was put on the market, with an asking price of $135 million. Through their ownership of the Chagoury Group, Gilbert Chagoury and family have an estimated wealth of $4.2 . 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. The company is currently working on Eko Atlantic, a new city construction project located off Victoria Island, adjacent to Lagos. 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. Ronald is married to Berthe, daughter of Blanche and Eduard Awad, and they have two children. A cookie is a text file placed on the hard drive of your terminal (computer, smart phone, tablet, etc.) He has donated in excess of $340,000 for the renovations of the Church of Our Lady of Lebanon in Paris, France. He sold shoes and cars in Nigeria, according to a biography on his website, before marrying the daughter of a prominent Nigerian businessman. He is from Nigeria. Select from premium Ronald Chagoury of the highest quality. All Rights Reserved. Ronald returned to Nigeria after his education. Ribadu described Chagoury as the lynchpin in the corruption that smeared the Abachas regime. Operating under the Chagoury Group an industrial conglomerate founded in 1971 with interests in almost every viable sector in Nigeria. A spokesman for Clintons campaign noted that the State Department has said the process has been managed by career real estate professionals.. Both Fortenberry and Chagoury face up to 15 years imprisonment if convicted. He is a businessman, diplomat and philanthropist. They are also used to create and log into your user account. 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. 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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. Ronald Chagoury Jr. was born on January 8th, 1949 in Lagos State, Nigeria, to Lebanese immigrant parents, Ramez and Alice Chagoury. The couple has four children, Ramez, Gilbert-Antoine, Christopher and Anne-Marie. The idea behind it was how we could reclaim all the . Chagoury is a prominent example of the nexus between Hillary Clintons State Department and the familys Clinton Foundation, which has come under renewed scrutiny during her presidential run. The consent submitted will only be used for data processing originating from this website. 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 . Chagoury wooed and ensnared Presidents Umaru YarAdua and Goodluck Jonathan. He also has a position among the list of Most popular Businessperson. 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. 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. Through her many endeavors, both within The Chagoury Group and out,Calinecontinues her commitment to Nigeria. Ronald and the team are currently focused on the development of Eko Atlantic, a project for which Ronald Chagoury Jr. is Vice Chairman. The U.S. was pushing for the return of democratic rule in Nigeria; Abacha, meanwhile, was eager to have his country taken off a U.S. list of nations that enabled drug trafficking, McHenry said. Google's Sparrow will Kill ChatGPT It is Microsoft Teams vs. 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. A pioneer on the web since 1996, Africa Intelligence is the leading news site on Africa for professionals. Ronald Chagoury Jr. Chairperson. 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 is alleged to have bankrolled the election campaign of then President Goodluck Jonathan who was defeated by Buhari. Chagoury has also donated 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. 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