MRS is a non-discriminatory, equal employer, providing gender equal opportunities and remuneration that is competitive within the industry. He began his career as Director of the Engineering and Transport Division of Dangote Group, considered the Largest Nigerian conglomerate. His net worth has never been successfully estimated given his extremely private life and business dealings. Filing legal paperwork to help incorporate a company is a very different thing from establishing a business link with or directing in any way the companies so formed, Carlos Sousa, the companys public relations director, said in a statement to ICIJ. [CDATA[ In its suit, Union Bank alleged that in a bid to evade payment of the loan, Sani Dangote made efforts to deplete funds in his accounts by diverting them to Dubai, Canada and Switzerland. Documents show Dantata never sold, transferred his shares or ceased to be a shareholder till date. The Polo School operates in Wellington January through May and September through November. Mariya Dantata also has a registered location at Plot 70, Sharada Industrial Area, Phase 3, Kano, Nigeria. He is the Founder and CEO of MRS Holdings Ltd (Formerly, MRS Group). Given that they at times have nominee directors, often have no phone number, no e-mail address, no physical address, no company logo, no contact person and no federal identification number and because the host country deliberately did not collect enough ownership information on company formation documents, there are usually no paper trails for law enforcements to trace back to a particular individual or individuals in most financial investigations. [1] Record producer Kenny Beats takes us on a journey from Berklee College of Music to blowing up the electronic dance music scene to reemerging as a sought-after hit maker and content creator, all while building one of the most interactive, music-obsessed communities on the internet. Of this, the facility is expected to deliver about 200 million litres of lubricant per year. [4], He was also a personal friend of the Qadiriyya scholar, Ali Kumasi and supported some of the latter's religious works in Kano. He holds aBachelors degree in Economics from the ParisAcademy and has been with the MRS Groupsince 2004. He has an estimated net worth of $4.1 billion and the figures continue to soar. He is the Director of Engineering . Corlay Global S.A. and SID Holdings Group are among other companies owned by MRS Holdings and Dantata. According to Dantata, the plant will not only generate foreign exchange for the country through product exports but also meet the needs of neighbouring countries. In the same manner, his brother, Dantata, was issued the same amount of 250,000 shares. The business magnate also served as a Director at MRS Holdings Ltd and Transnational Corporation of Nigeria Plc. founder and chairman of MRS Holdings Company Limited, Egyptian businessman Hisham Talaat Moustafas group pledges $167 million toward community development, Nairobi-based entrepreneur Jit Bhattacharyas BasiGo to assemble 1,000 electric buses in Kenya, How Jay-Z made his money: Four deals that propelled his net worth to $2.5 billion, Transcorps market cap up by $55 million following Femi Otedolas acquisition, Aliko Dangote hits $20-billion net worth, joining elite ranks of worlds billionaires, James Mwangis Equity Group invests $76.7 million in Congo unit, Segun Agbaje-led GTCO records $367.4-million profit in 2022. He began his career as Director of the Engineering and Transport Division of Dangote Group, considered the Largest Nigerian conglomerate. That was also dated April 12 2006. Alhaji Dantata is a mechanical Engineer. Samoa is one of the various countries used as tax havens by large corporations. Privacy Policy | [READ THIS: SON partners Nigerian Army to actualise vehicle assembly initiative], Ary Berry (@AremuAbayomi5) June 26, 2019. Dantata only completed four years of studies at Dala Elementary School before leaving because his father preferred a career in trading to Western education for his children. Dantata is the companys largest individual shareholder, controlling about 60% of the company. It was a super fun team. Oluwa shine ur blessing on me. The commodities titan reigns supreme in Nigerias capital markets. 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Dantata serves as a Director of Hydro Alternative Energy, Inc. and has been a Non-Executive Director of Nigerian Telecommunications Limited since August 2008. MARCO STORARI manages all aspects of oil storage terminalsoperations at MRS Terminals in West Africa which is over 350,000m3 storage depots. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Sanusi Dantata (c. 1919 15 April 1997) was a Nigerian entrepreneur and son of Alhassan Dantata. Will Apollo Offer THG a Route Out of Its Troubles? Nigerian is a Nigerian politician and the first female President of OPEC. He has also served as a Director at Transnational Corporation of Nigeria Plc. Omokolade is a seasoned financial analyst and reporter with in-depth knowledge of and expertise in equity markets, and financial and economic analysis. Read the full response from Mossack Fonseca, African Network of African Reporting Centres. Here is a video of Sayyu Dantata flying his new $2m Helicopter-Chopper from the MRS Head Office in VI to his warehouses in Apapa. The 2.6 TB files, involving 214,488 entities, also reveal details about how former gun-runners, contractors and other members of the spy world use offshore companies for personal and private gain. Sayyu Dantata is the billionaire cousin of Alhaji Aliko Dangote, Africas richest man and Chairman of the Dangote Group. Worth a staggering US$15.4 billion, Nigerias businessman and industrialist, Aliko Dangote, is on the Forbes Rich List as the wealthiest man in Africa. (1877-Aug 17th 1955). The M.R.S Investments Companies mentioned earlier is a subsidiary of MRS Holdings. He added that the launch of the new facility will drive the production of 200 million liters of lubricant per year, which is more than enough to cover 50 percent of the countrys annual consumption. Now you might be familiar with the Dantata family name, but the question is: do you know who Sayyu Dantata is? wealth and financial magazine, Forbes namedBanana Islandin Lagos as themost expensive neighbourhoodand place to live in Nigeria. Sayyu Dantata served as a Director at MRS Holdings Ltd (then MRS Group). After snooping around and asking questions, I found that the mansion located on Banana Island Ikoyi belongs to oil magnate Sayyu Dantata. To keep reading for free, please enter your email! -Kola Abiola - son of MKO Abiola - prominent businessman, publisher and politician. has changed its name and is now incorporated under the name of PETROWEST S.A. on this 27 day of April 2011. Here Are 7, 6 Disadvantages of Dating a Man with a Moustache, How to Get a Ladys Attention Wherever You Are, Mum and Dad Were Afraid For My Life: Nigerias Bryan Idowu, Nigeria World Cup Squad and Team News: Russia 2018, SWIFT Networks to Provide Free WiFi in 10,000 Hotspot Zones in, 7 Reasons Why Dubai is The Best Honeymoon Destination, 20 Black Designers of African-Inspired Clothing, Forget Dangote, See 10 Nigerian Multi Billionaires You Never Knew, Top 5 Jobs Paying Than White Collar Jobs in Nigeria, 10 Amazing Innovations By Nigerians In The Last Decade, Top 7 Money Making School Campus Business in Nigeria, The Woman Who Opened Her Doors To Over 500 Orphans And, A woman can do multiple tasks in Life. Press, 1997. p 65-70. Nigeria, Africas most populous nation, is home to some of the richest men on the continent. From Femi Otedola to Aliko Dangote, billionaire Mike Adenuga, and even Tony Elumelu. "I don't know what happened in that last chukker," Dantata said. Sanwo-Olu described the facility as an integrated first-class factory and highlighted the presidents excitement that the countrys captains of industry had continued to rise above all odds despite the global pandemic challenge. A 2015 investigation by Premium Times, in partnership with French Daily, Le Monde , the International Consortium of Investigative Journalists, and a host of other major media organisations around the world, had named Dangote among some of Nigerias wealthiest industrialists, former government officials and their relatives, who operated highly secretive foreign accounts with the Swiss branch of banking giant, HSBC. Their company, MRS Oil and Gas, was re-issued 500,000 shares. I love her. He now runs Visafone, a Nigerian telecom outfit he founded in 2006. But dont feel sorry for him: Ovia still remains the banks largest individual shareholder, controlling nearly 10%. That investigation, published in February last year showed how HSBC profited doing business with people who stole from their countries and some of the worlds most notorious con artists, including people who made a fortune fuelling wars in Africa. However shell companies are at times used for tax avoidance. The company's market capitalization has surged by $42 million since the news of the acquisition broke on April 12. He is a seasoned Mechanical Engineer by training at the Morris Brown College Atlanta- Georgia, USA and owns a property on the prestigious Banana Island. //