back to top
Tuesday, October 8, 2024
HomeLifestyleBenin to auction off assets belonging to opposition tycoon

Benin to auction off assets belonging to opposition tycoon

The West African state of Benin says it will auction off art, luxury furniture and a Rolls-Royce limousine seized from an opposition tycoon who lives in exile in Paris.

A total of 140 items belonging to Sebastien Ajavon, who has been handed a 20-year sentence on drugs charges, will be put up for auction in Cotonou, the country’s economic hub, On August 9.

The sale includes a Rolls-Royce whose starting price is 80 million CFA francs ($122,339), the judicial branch of Benin’s finance ministry said in a statement late Tuesday.

The property was taken from Ajavon’s home in central Cotonou on July 1 by tax agents, who cleared out the premises working under a heavy police and military escort.

Ajavon ran in the March 2016 presidential elections as an independent, arriving in third place in the first round of voting. In the runoff vote, he threw his support behind another successful businessman, Patrice Talon, who eventually won.

Trial

In October 2016, Ajavon was arrested after around 18 kilogrammes (39.6 pounds) of cocaine, with an estimated street value of $14 million, was discovered in a freight container that was being shipped to one of his companies.

But in 2018 a special court handed him a 20-year jail term in absentia.

The conviction was branded illegal by the African Court on Human and People’s Rights, but Benin has refused to overturn it.

Talon, who made his fortune in the cotton industry, was re-elected last year on the back of a campaign that touted his record of economic reform.

But critics say his economic success has gone hand-in-hand with iron-fisted rule that has devastated one of the region’s most vibrant political cultures.

Some opposition figures have fled the country while others have been disqualified from running in elections or targeted for probes, they say.

Source: Africanews

Maravi Post Reporter
Maravi Post Reporterhttps://www.maravipost.com/
Op-Ed Columnists, Opinion contributors and one submissions are posted under this Author. In our By-lines we still give Credit to the right Author. However we stand by all reports posted by Maravi Post Reporter.
RELATED ARTICLES

1 COMMENT

Comments are closed.

- Advertisment -

Most Popular

Recent Comments

Sylvester Movette zunda on Mali wedding attack kills 21
James Hastings Chidule on Malawi’ fistula recovery at 86%
WELLINGTON WITMAN MOSELIJAH LUNDUKA on The history of Ngoni Maseko in Malawi
Lisa Frank on Home
azw3 on Home
Define Regtech on Home
Tobias Kunkumbira on Malawi to roll out Typhoid vaccine
arena plus nba standings 2022 to 2023 ph on Home
David on Home
마산출장 on Home
Cristina Thomas on Home
Alicia Alvarado on Home
The History of online Casinos – Agora Poker – hao029 on The History of online Casinos
Five factors that will determine #NigeriaDecides2023 - NEWSCABAL on Leadership Is Difficult Because Governance Is Very Stubborn, By Owei Lakemfa
Asal Usul Texas Holdem Poker – Agora Poker – hao029 on The Origins of Texas Holdem Poker
Malawi has asked Mike Tyson to be its cannabis ambassador - Techio on Malawi lawmaker Chomanika against Mike Tyson’s appointment as Cannabis Brand Ambassador over sex offence
Finley Mbella on Brand Chakwera leaks Part 1
Maria Eduarda Bernardo on The 2021 Guide to Trading Forex Online
Atsogo Kemso, Political Foot Soldier on Why MCP and UTM Alliance Will Fail
Em. Prof. Willem Van Cotthem - Ghent University, Belgium on Malawi army, National bank cover Chilumba barrack with trees
Christopher Murdock on Why dating older woman is dangerous?
Samantha The Hammer on Why dating older woman is dangerous?
Muhindo Isevahani on The Cold War Against TB Joshua
JCON/SCOAN/BKN(888/8885/8808) on The Cold War Against TB Joshua
Keen Observer on Jesse Kabwila, Then and Now
Francesco Sinibaldi on Advertising in 2020 and beyond
VICTORIA NAMENE FILLIPUS on Is TB Joshua not another religious fraudster?