EFCC Recovers Multi-billion Dollar Assets From Ex Enugu Gov ‘Nnamani’
A Federal High Court in Lagos has ordered the forfeiture of assets of former Enugu State Governor, Chimaroke Nnamani worth billions of dollars into the hands of the federal government.
Nnamani, who later became Senator after being governor between 1999 and 2007, was charged to court by the EFCC along with his former aide, Sunday Anyaogu, and six firms for money laundering.
Four companies pleaded guilty on May 19. (Rainbownet, Cosmos FM, Capital City Automobile and Renaissance University Teaching Hospital)
The assets ordered to be forfeited by Nnamani are undeveloped properties and transmission equipment of Rainbownet Limited; assets of Cosmo 105.5FM, and 22 duplexes at Ebeano Estate (now Fidelity Estate).
According to Daily Independent reporter the others properties are Rainbownet’s shares in Zenith Bank and Guarantee Trust Bank, with a combined account balance of N4.6million; as well as monies in its bank accounts worth about N34.8million.
The balances are in different accounts with GTBank (N313,700); Sterling Bank (N986,958); Ecobank (N24.5million); First City Monument Bank (N3.8million) and Zenith Bank (N761,156).
Others are properties of Hill Gate Investment Limited/Cuena Phones Limited which include: Plot Number H12, H13, H14, H15, H21`, H116, H188, Plot 10, Plot H11, Plot H16, Plot H17, Plot H18, Plot 19, Plot H20, Plot H49, Plot H50, Plot H117, CP/4 (HCR2), CP5 (HCR2) CP/6(HCR2) CP/7 (HCR2) CP/8.
