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U.K. Art Dealer Admits to Selling Art to Hezbollah Financier

Oghenochuko Ojiri, a known figure from BBC's "Bargain Hunt," pleads guilty for failing to disclose transactions with a suspected terrorist financier.

By Lizzie DeardenSource: nytimes.com1 min read
U.K. Art Dealer Admits to Selling Art to Hezbollah Financier
Image via nytimes.com

In brief

Oghenochuko Ojiri, a 53-year-old British art dealer recognized for his role on a popular antiques show, has confessed to selling artworks valued at around £140,000 to Nazem Ahmad, a suspected financier for Hezbollah, during a court hearing in London.

Oghenochuko Ojiri, known for his appearances on the BBC's "Bargain Hunt," made headlines as he pleaded guilty at Westminster Magistrates’ Court in London on Friday to multiple charges related to not reporting potential terrorist financing. This financial transaction involved artworks sold to Nazem Ahmad, a person under sanctions in both the U.S. and the U.K. for ties to Hezbollah, a militant group designated as a terrorist organization by both countries.Prosecutor Lyndon Harris detailed that the transactions took place between October 2020 and January 2022, totaling approximately £140,000 (around $186,000). While Ojiri had a profile on the “Bargain Hunt” website, the BBC clarified that he had not participated in any of their programs since 2023, indicating his status as a freelancer and not an employee.The case sheds light on the intersection of the art world and international finance, as the prosecutor emphasized the gravity of failing to disclose such significant transactions, particularly with individuals associated with terrorist financing. As this story continues to develop, further details are anticipated.

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