Listed property sold includes Flats 17, 18,19 and 20 Embassy Court London, NW 8. £11 million where reportedly realised from the sale.
The Cayman island property is revealed as on 2 Cambridge Court.
In delivering judgement on September 3 2014, Justice Adrew Jones of the Grand Court of Cayman Island had ordered Akingbola to pay his creditor the sums of N238, 471,484,162 and £1,800,000 at 2. 5/8 % interest per annum from April 1 2014 till payment.
Information revealed his creditor, Access bank – inheritors of the N164B debt Akingbola acquired at Intercontinental bank (when it bought the former) had discovered Akingbola had hidden properties in Cayman Island.
The discovery necessitated the court action that resulted in favourable judgement.