Daily Mail

Becker ‘lost £100m fortune investing in Nigerian oil’

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WIMBLEDON legend Boris Becker lost a huge part of his £100million fortune in dubious investment­s in Nigerian oil firms, it has been claimed.

German news magazine Der Spiegel – citing documents from soccer whistleblo­wing platform Football Leaks – said Becker struck the deal in 2013, which contribute­d to his recent bankruptcy. Spiegel said the ‘mega-deal’ was brokered by a Canadian firm and a Nigerian employee of Becker, pictured.

It said documents show that in July 2013 Becker held shares in an oil and petrol firm in Nigeria. But the investment­s tanked and last month he was declared bankrupt. John Briggs, Becker’s lawyer, told the London court: ‘He is not a sophistica­ted individual when it comes to finances.’

Becker, now 49, was once estimated to be worth upwards of £100million. He was declared bankrupt over undisclose­d sums owed to London-based private bankers Arbuthnot Latham & Co since 2015.

Remaining assets will be disposed of to pay creditors. Among earlier cash woes, Becker was landed with divorce and paternity settlement­s in 2001 totalling more than £20million – to his first wife, Barbara, and Angela Ermakova, the Russian model who had his baby after a brief encounter in a London restaurant. The next year Becker received a two-year suspended sentence for tax evasion. He was ordered to pay £2.5million in back tax, fines, and costs after claiming Monaco as his main residence while mostly living in Munich. And in 2011 a Dubai property developmen­t to which he lent his name went bust.

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