President obama's pal buys honolulu home

Marty Nesbitt, a close friend of President Obama, has just snapped up a Honolulu home.

The deal, which cost $9.7 million, bagged the chair of the Barack Obama foundation a secluded property dating back to 1933, which comes with three acres of land, a protected beach and a turtle pond. The rumour is that the home could be the President's post-POTUS getaway, but that Chicago businessman has denied speculation and told the Chicago Sun Times he had no partners in the purchase.