Latest news with #RampGallery
Yahoo
3 days ago
- Yahoo
Bargain Hunt expert Oghenochuko Ojiri jailed after failing to report sale of artworks to 'Hezbollah financier'
An expert on TV show Bargain Hunt has been jailed for two and a half years after failing to report the sale of artworks to a suspected Hezbollah financier. Oghenochuko Ojiri, who has also appeared on the Antiques Road Trip, sold around £140,000 worth of art to Nazem Ahmad over a 14-month period between October 2020 and December 2021, the Old Bailey heard. Art dealer Ojiri, 53, who is known as Ochuko, admitted eight counts of failing to make a disclosure during the course of business within the regulated sector, contrary to section 21A of the Terrorism Act 2000. Lebanese businessman and diamond dealer Ahmad was described in court as a "prominent financier" for , a proscribed terrorist group in the UK. Prosecutor Lyndon Harris said Ahmad has an extensive art collection worth tens of millions of pounds, including works by Pablo Picasso and Andy Warhol, many of which are displayed in his penthouse in Beirut. Ojiri, who ran the Ramp Gallery, which was later renamed the Ojiri gallery, sent a message to a contact saying, "I can't risk selling directly to him," after Ahmad was sanctioned in the US, the court heard. But Mr Harris said "that's exactly what he did" when he sold artworks, which were sent to Dubai, the UAE and Beirut. Ojiri's barrister Kevin Irwin said he was arrested on 18 April 2023 in Wrexham while filming a BBC show and his "humiliation is complete" as he appeared for sentencing. Ahmad was sanctioned on the same day in the UK and officers later seized artworks held in two warehouses in the country, including a Picasso and a Warhol, valued at almost £1m. Sentencing Ojiri to two and a half years in prison, with an additional year on extended licence, the judge, Mrs Justice Cheema-Grubb told him: "You knew about Ahmad's suspected involvement in financing terrorism and the way the art market can be exploited by someone like him". She said Ojiri viewed his offences as a "shameful fall from grace of a public personality and role model for those from an ethnic minority, in the arts and antique sector". "Your hard work, talent and charisma have brought you a great deal of success," the judge said. "You knew you shouldn't be dealing with this man. I don't accept you were naïve, rather you benefitted you to close your eyes to what you believed he was. "You knew it was your duty to alert the authorities but you elected to balance the financial profit and commercial side of your business against Ahmad's dark side." Commander Dominic Murphy, head of the Metropolitan Police's counter terrorism command, said the prosecution was the "first of its kind" and should serve as a warning to art dealers. "Oghenochuko Ojiri wilfully obscured the fact he knew he was selling artwork to Nazem Ahmad, someone who has been sanctioned by the UK and US treasury and described as a funder of the proscribed terrorist group Hezbollah," he said.
Sky News
3 days ago
- Sky News
Bargain Hunt expert Oghenochuko Ojiri jailed after failing to report sale of artworks to Hezbollah 'financier'
An expert on TV show Bargain Hunt has been jailed for two and a half years after failing to report the sale of artworks to a suspected Hezbollah financier. Oghenochuko Ojiri, who has also appeared on the BBC's Antiques Road Trip, sold around £140,000 worth of art to Nazem Ahmad over a 14-month period between October 2020 and December 2021, the Old Bailey heard. Art dealer Ojiri, 53, admitted eight counts of failing to make a disclosure during the course of business within the regulated sector, contrary to section 21A of the Terrorism Act 2000. Ahmad, who is based in Lebanon, was described in court as a "prominent financier" for Hezbollah, a proscribed terrorist group in the UK. Prosecutor Lyndon Harris said Ahmad has an extensive art collection worth tens of millions of pounds, including works by Pablo Picasso and Andy Warhol, many of which are displayed in his penthouse in Beirut. Ojiri, who ran the Ramp Gallery, which was later renamed the Ojiri gallery, sent a message to a contact saying, "I can't risk selling directly to him," after Ahmad was sanctioned in the US, the court heard. But Mr Harris said "that's exactly what he did" when he sold artworks, which were sent to Dubai, the UAE and Beirut. Ojiri's barrister Kevin Irwin said he was arrested on 18 April 2023 in Wrexham while filming a BBC show and his "humiliation is complete" as he appeared for sentencing. Ahmad was sanctioned on the same day in the UK and officers later seized artworks held in two warehouses in the country, including a Picasso and a Warhol, valued at almost £1m. Commander Dominic Murphy, head of the Metropolitan Police's counter terrorism command, said the prosecution was the "first of its kind" and should serve as a warning to art dealers. "Oghenochuko Ojiri wilfully obscured the fact he knew he was selling artwork to Nazem Ahmad, someone who has been sanctioned by the UK and US treasury and described as a funder of the proscribed terrorist group Hezbollah," he said.
