Court Orders Forfeiture Of Properties Of Companies Linked With Ex-Governor Nnamani To FG

Published 4 years ago by: Mister Jay Wonder
[1] 2
at 09:09 PM, 7/07/2015 (4 years ago)

(22946 | Addicted Hero) (m)


Justice Mohammed Yinusa of the Federal High Court, Lagos today July 8, 2015 convicted four companies associated with former governor of Enugu State, Chimaroke Nnamani and ordered that their properties be forfeited to the Federal Government.

The four companies are Rainbownet Nigeria Limited, Cosmo FM, Capital City Automobile Nigeria Limited and Renaissance University Teaching Hospital

The companies had on May 19, 2015 pleaded guilty to a 10-count amended charge brought against them by the Economic and Financial Crimes Commission, EFCC.

The companies are alleged to have failed to comply with lawful inquiry made by the Commission.

At today’s sitting, counsel to the EFCC Kelvin Uzozie prayed the court to make an order of final forfeiture of the companies based on their plea.

Justice Yinusa after reviewing the facts 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.

The properties are located across the five states in the South East geopolitical zone.

Among them 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.

Also forfeited to the Federal Government include properties of Hill Gate Investment – Plot No 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.

The assets also include several undeveloped properties/plots of land of Rainbownet Nigeria Limited in Enugu, Abakaliki, Aba, Owerri, Onitsha, Awka and Umuahia.

Properties of Rainbownet Communication which include BTS, Microwave Avenue Radio, Rectifiere, and a host of the equipment in various sites in Anambra States are also to be forfeited to the Federal Government.

Aside the landed properties, over N35 million from the frozen bank accounts of the companies are also to the forfeited to the Federal Government of Nigeria.

Uzozie who is pleased with the ruling of the court said the Commission had to sought for a separate trial of the companies as the first accused person, former governor of Enugu State, Dr. Chimaroke Nnamani had stalled proceedings on the matter on account of frequent application to travel abroad for medical treatment on grounds of ill-health.

Chimaroke Nnamani alongside Sunday Anyaogu, his then aide and six firms linked to them: Rainbownet Nigeria Limited, Hillgate Nigeria Limited, Cosmos FM, Capital City Automobile Nigeria Limited, Renaissance University Teaching Hospital and Mea Mater Elizabeth High School were first arraigned before Justice Tijani Abubakar in 2007.

The case was re-assigned to Justice Charles Archibong following the transfer of Justice Abubakar, now of the Appeal Court, out of the Lagos division of the Federal High Court. Again, the case was re-assigned to Justice Yinusa, after Justice Archibong (now retired) was also transferred out of the Lagos division of the court.

According to the charge, Nnamani conspired with other accused persons to launder funds from the state treasury, especially monies meant for the local government areas of Enugu State.


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dis4real at 09:19 PM, 7/07/2015 (4 years ago)
(913 | Upcoming) (f)

Ok na
Reply
beneno at 10:03 PM, 7/07/2015 (4 years ago)
(26050 | Addicted Hero) (m)

0000000000000000000000h
Reply
chealseafc at 10:20 PM, 7/07/2015 (4 years ago)
(4433 | Gistmaniac) (m)

another change.
 Lips Sealed Lips Sealed Lips Sealed Lips Sealed Lips Sealed Lips Sealed Lips Sealed Lips Sealed
Reply
ralphpaul at 03:42 AM, 8/07/2015 (4 years ago)
(14 | Newbie) (m)

STOP FIGHTING GOD AND HIS PEOPLE WITH YOUR POLITICAL POSITIONS. YOUR SEAT IS NOT FOREVER BUT GOD SEATED FOR EVER.
Reply
ralphpaul at 03:43 AM, 8/07/2015 (4 years ago)
(14 | Newbie) (m)

STOP FIGHTING GOD AND HIS PEOPLE WITH YOUR POLITICAL POSITIONS. YOUR SEAT IS NOT FOREVER BUT GOD SEATED FOR EVER.
Reply
Wysetots at 05:31 AM, 8/07/2015 (4 years ago)
(8175 | Hero) (m)

Laundered funds from state treasury..........why forfeit to FG?? The money/properties belong to the state.
Reply
tyson12 at 06:48 AM, 8/07/2015 (4 years ago)
(185 | Upcoming) (m)

So bad
Reply
Ritabrenice at 06:51 AM, 8/07/2015 (4 years ago)
(4563 | Gistmaniac) (f)

This  Ȋ̝̊ڪ terrible, Αℓℓ  those are state properties not FG
Reply
PoliticxGuru at 07:08 AM, 8/07/2015 (4 years ago)
(14240 | Hero) (m)

wasted generation
Reply
mensch at 08:56 AM, 8/07/2015 (4 years ago)
(2365 | Gistmaniac) (m)

Let Them all return the money they took by Tricks  be you hausa.ibo  yorubas and others.
Reply
ngfineface at 10:17 AM, 8/07/2015 (4 years ago)
(8933 | Hero) (f)

This is too  much naaa. At least he would have stolen small for the masses sake. Haba! Thank God for the judgement
Reply
edpete at 10:21 AM, 8/07/2015 (4 years ago)
(1010 | Gistmaniac) (m)

Go after the others too.
Reply
royalsam450 at 10:40 AM, 8/07/2015 (4 years ago)
(828 | Upcoming) (m)

Some people are fools here what do u vote for
Reply
makuocosman at 11:16 AM, 8/07/2015 (4 years ago)
(22 | Newbie) (m)

Can someone use sniper to shoot dis man called chimaroke vampire from enugu dat has killed many souls,ill wealth,am sure the prayers of the poor masses from adoration ground under God's Rev Ejike Camillus Mbaka fall upon him
Reply
makuocosman at 11:18 AM, 8/07/2015 (4 years ago)
(22 | Newbie) (m)

Can someone use sniper to shoot dis man called chimaroke vampire from enugu dat has killed many souls,ill wealth,am sure the prayers of the poor masses from adoration ground under God's Rev Ejike Camillus Mbaka fall upon him
Reply
Kel1980 at 12:20 PM, 8/07/2015 (4 years ago)
(44 | Newbie) (m)

All the whole past governors re not exempted ,they should be arrested too .so chimaroke is d only thief there.
Reply
slimatere at 01:10 PM, 8/07/2015 (4 years ago)
(23 | Newbie) (m)

Wow this is just the beginning of the word CHANGE for nigeria ,either the properties were given to the FG or SG that's non of our business ...... The important issue is to collect what has been stolen back for the benefit of the mercies
Reply
slimatere at 01:19 PM, 8/07/2015 (4 years ago)
(23 | Newbie) (m)

Wow this is just the beginning of the word CHANGE for nigeria ,either the properties were given to the FG or SG that's non of our business ...... The important issue is to collect what has been stolen back for the benefit of the mercies
Reply
echeeche at 05:17 PM, 8/07/2015 (4 years ago)
(9428 | Hero) (m)

Heard oh
Reply
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