Boris Becker 'lost his £100m fortune investing in Nigerian oil'

Boris Becker 'lost his £100m fortune investing in Nigerian oil'

- Boris Becker invested in Nigerian companies whose shares plummeted in value

- The Wimbledon legend received a two-year suspended sentence for tax evasion in 2016

- Becker owned shares in an oil and petrol firm in Nigeria which is now bankrupt

Reports from Germany claim tennis legend Boris Becker invested in a Nigerian oil from whose stock eventually plummeted hence causing him to lose his £100million (N41.1bn) fortune.

Der Spiegel reports that soccer whistle blowing platform Football Leaks said Becker invested in the firm in a deal in 2013, which was brokered by a Canadian firm and a Nigerian employee of Becker.

READ ALSO: Venus Williams beaten in 2017 Wimbledon final

Boris Becker 'lost his £100m fortune investing in Nigerian oil'

Boris Becker is now broke due to his investments in Nigeria. Photo: ChampionsSpeakers.co.uk

Documents show that in July 2013 Becker held shares in the Nigerian firm but in June 2017 the investments tanked and last month he was declared bankrupt.

The German was declared bankrupt over undisclosed sums owed to London-based private bankers Arbuthnot Latham & Co since 2015.

The 49-year-old was once estimated to be worth over £100million.

On the other hand, NAIJ.com recently visited the family house of boxing king Anthony Joshua in Sagamu, Ogun state Nigeria;

Source: Sports.naij.com

Related news
Diego Costa lands in Spain ahead of mega move to Atletico Madrid, makes big statement at the airport

Diego Costa lands in Spain ahead of mega move to Atletico Madrid, makes big statement at the airport

Diego Costa lands in Spain ahead of mega move to Atletico Madrid, makes big statement at the airport
NAIJ.com
Mailfire view pixel