The Economic and Financial Crimes Commission (EFCC) has handed over four properties forfeited by Rainbownet Nigeria Limited, a company owned by former Enugu State governor, Chimaroke Nnamani to the Asset Management Corporation of Nigeria (AMCON) in the state.
The properties handed over include a bungalow, a wire house, and three duplexes located at Nos. 3 and 4 Pocket Estate, Independence Layout, Enugu; twelve rooms within a one-storey semi-detached building at No. 35B Abakaliki Road, Enugu; a six-room duplex at No. 3A Mount Street, Park Avenue, Enugu; and another six-room duplex at No. 3C Mount Street, Park Avenue, Enugu.
EFCC Chairman, Ola Olukoyede, was represented by the Acting Zonal Director of the Enugu Zonal Command, Assistant Commander of the EFCC (ACE I) Aisha Abubakar during the handover ceremony.
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He stated that the Commission has maintained a longstanding and productive collaboration with AMCON.
Olukoyede reaffirmed the EFCC’s commitment to fulfilling its constitutional mandate of fighting economic and financial crimes by conducting thorough investigations and prosecutions.

He added that the Commission remains determined to trace and recover stolen assets and properties acquired with the proceeds of crime.
He said that AMCON would always have the EFCC’s support, and acknowledged that the two agencies had worked closely to achieve the handover.
Olukoyede noted that the Department of Proceeds of Crime Management had played a vital role in the process.
According to him, once the EFCC received confirmation that AMCON was ready to take possession of the properties, a final inspection was carried out in the morning, after which the directive to transfer the assets was executed.
In response, John Abuh, a Resolution Officer with AMCON, appreciated EFCC’s role in facilitating the recovery and transfer of the properties.
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He explained that AMCON had initiated communication with the EFCC through formal correspondence, and received assurance that access to the properties would be granted.
He described the exchange of letters as fruitful and acknowledged the instrumental role played by the Acting Zonal Director in bringing the process to a successful conclusion..