Court Confiscates Properties Belonging Former Enugu Governor, Nnamani

Court Confiscates Properties Belonging Former Enugu Governor, Nnamani

Former Enugu State Governor, Chimaroke Nnamani is to forfeit some of his companies and properties to the Federal Government a federal high court sitting in Lagos has ordered.

The companies – Rainbownet Nigeria Limited, Cosmos FM, Capital City Automobile Nigeria Limited and Renaissance University Teaching Hospital – were convicted by a judge of the Lagos court, Mohammed Yinusa, on Tuesday, July 7, 2015 after pleading guilty to a 10-count amended charge against them by the Economic and Financial Crimes Commission.

According to Premium Times, properties to be forfeited are; 22 Duplex buildings in Ebeano Under Tunnel Estate now known as Fidelity Estate; Renaissance University Teaching Hospital; Cosmos 105.5 FM Digital Station (Ceuna Communications); and Capital City Automobile Limited, located at 12 Station Road ,GRA, Enugu.

Others are properties of Hill Gate Investment 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.

Several undeveloped property and plots of land of Rainbownet Nigeria Limited in Enugu, Abakaliki, Aba, Owerri, Onitsha, Awka and Umuahia. Also Frozen bank accounts containing over N35 million will be forfeited to the Federal Government of Nigeria.

Also, property of Rainbownet Communication which include BTS, Microwave Avenue Radio, Rectifiere, and many equipment in various sites in Anambra State are to be forfeited to the Federal Government.

The counsel to EFFC, Kevin Uzozie, prayed the court to pass an order of final forfeit of the properties to the federal government.

The presiding judge, justice Yinusa, on reviewing the facts before him convicted the companies and made an order of final forfeiture of their assets to the Federal Government, citing provision of the EFCC Establishment Act on Final Forfeiture


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