Ten years after he was first arraigned before a federal judge over a multi-billion naira money laundering suit, a former governor of Enugu State, Chimaroke Nnamani,was re-arraigned before Justice Chuka Obiozor of a Lagos Division of the Federal High Court on December 4, 2017.
Mr. Nnamani, who was governor of Enugu State between 1999 and 2007, is facing a 10-count charge of laundering N5.3 billion instituted by the Economic and Financial Crimes Commission.
The former governor was first arraigned before Justice Abubakar Tijani in 2007 alongside Sunday Anyaogu, his aide; Rainbownet (Nig) Ltd; Hillgate (Nig) Ltd; Cosmo FM; Capital City Automobile (Nig) Ltd; Renaissance University Teaching Hospital; and Mea Mater Elizabeth High School.
Some of these companies like Rainbownet, Hillgate Nigeria, Cosmos FM, Capital City Automobile Nig Ltd, Renaissance University Teaching Hospital, and Mea Mater Elizabeth High School pleaded guilty while the case of Nnamani is still ongoing.
His forfeited assets are undeveloped properties and transmission equipment of Rainbownet Limited; property of Hill Gate Investment Limited/Cuena Phones Limited; assets of Cosmo 105.5FM, and 22 duplexes at Ebeano Estate (now Fidelity Estate).
Others are Rainbownet’s shares in Zenith Bank and Guaranty Trust Bank, with a combined account balance of N4.6 million; as well as money in its bank accounts worth about N34.8 million, and balance in 10 accounts with Access Bank.
Rainbownet’s undeveloped property forfeited include 7 plots at Independence Layout; 567.96 Square metres (Sqm) at Abakpa; 574.96 Sqm at Emene, and 2,951.98 Sqm, at Achara Layout.
Others forfeited include thousands of square metres of properties at Abia State, namely Ogbor Hill (914.633), Abayi (one and half plots), Port Harcourt Road (1,856.449), Ariaria (640.32), Umuagari (573.263), and Assannetu (954.396), as well as Abakiliki, Ebonyi State (one plot).
Also, in Onitsha, Anambra State, are Barracks (one plot), Nkpor (1088.644), Awada (465.14), Fegge (one plot), as well as 2,200.06 square miles of land at Okpumo, Awka.
With these properties already forfeited through a plea bargain which saw some of his pleading guilty, I am afraid, Chimaroke Nnamani may be convicted.
These forfeited properties must be returned to Enugu state at the conclusion of all cases.