Tag: Forfeiture

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[Read More…]

Erastus Akingbola Forfeits Assets To Access Bank

Some London properties of a former Managing Director of the defunct Intercontinental Bank Plc, Erastus Akingbola, have been sold by Access Bank Plc in a bid to recover a debt of N164bn from him. According to the bank, a sum of £11m has so far been recovered by selling Akingbola’s[Read More…]