Former Enugu Governor, Nnamani Forfeits Assets Over Money Laundering Charge

A Federal High Court sitting in Lagos, yesterday, ordered the forfeiture of multi-billion Naira assets allegedly belonging to former Enugu State governor, Dr Chimaroke Nnamani.

Nnamani was charged alongside his former aide, Sunday Anyaogu and Rainbownet, Hillgate Nigeria, Cosmos FM, Capital City Automobile Nig Ltd, Renaissance University Teaching Hospital and Mea Mater Elizabeth High School.

They were being prosecuted by the Economic and Financial Crimes Commission, EFCC.

However, after the trial was split, four of the companies on May 19 pleaded guilty to a 10-count amended charge through their counsel.

The companies are Rainbownet, Cosmos FM, Capital City Automobile and Renaissance University Teaching Hospital.

Among the forfeited assets are undeveloped property and transmission equipment of Rainbownet, property of Hill Gate/Cuena Phones Ltd; assets of Cosmo 105.5FM, and 22 duplexes at Ebeano Estate and others.