Late Access Bank CEO Herbert Wigwe Linked To 106 Properties In London

A fresh investigation by The Londoner has revealed that the late Herbert Wigwe, former CEO of Access Bank, was linked to 106 properties in London.

The report reviewed more than 32,000 properties in the city that are owned by foreign entities.

It tracked ownership through shell companies and offshore structures, using new UK rules that require overseas owners to reveal who truly controls these assets.

Herbert Wigwe, who died in a helicopter crash in California in February 2024, was a leading figure in African banking.

He played a key role in growing Access Bank into one of Nigeria’s biggest financial institutions.

The discovery of his links to over 100 London properties shows just how extensive his footprint was in one of the world’s most expensive property markets.

Earlier records in the UK had already connected him to a property on The Bishops Avenue in north London, a highly exclusive area.

In 2012, he was listed as a director of Carmel Gate Ltd, with an address at Flat 7, Allingham Court, 44 The Bishops Avenue.

However, this new report indicates that his property holdings in London were much larger than previously known.

Wigwe also served as a director of Access Bank UK Ltd from 2008 until his death.

According to documents from Access Holdings, he and the current CEO, Roosevelt Ogbonna, were the only shareholders when the company was formed in 2021, each owning 4,000,000 ordinary shares.

The report also highlights that foreign-owned properties in London are spread across major locations, including Oxford Street and Camden Market, as well as high-end residential buildings and key commercial sites.

Many of these properties are owned through companies registered in places like Jersey, Guernsey, and the British Virgin Islands.

The Londoner made it clear that the report simply outlines ownership and does not suggest any illegal activity.

Herbert Wigwe’s inclusion reflects his status as a Nigerian business leader with significant international reach.

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