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Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations
Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.
The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.
Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.
Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.
The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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