An Enugu State lawmaker, Hon. Harrison Ogara, has issued a stern seven-day ultimatum to the Economic and Financial Crimes Commission (EFCC), demanding the reversal of its recent transfer of properties formerly owned by Rainbownet Nigeria Limited, a company linked to ex-Governor Chimaroke Nnamani, to the Asset Management Corporation of Nigeria (AMCON).
Ogara, who represents Igbo-Eze South Constituency in the Enugu State House of Assembly, said the assets were acquired using the resources of the Enugu State Government and should, therefore, be rightfully returned to the people of the state, not handed over to AMCON.
EFCC had on Thursday, May 30, 2025, announced the official handover of several forfeited properties in Enugu State to AMCON. These properties include:
- One bungalow, one warehouse, and three duplexes at 3/4 Pocket Estate, Independence Layout, Enugu
- A 12-room one-storey semi-detached building at 35B Abakaliki Road, Enugu
- A six-room duplex at 3A Mount Street, Park Avenue, Enugu
- Another six-room duplex at 3C Mount Street, Park Avenue, Enugu
In an open letter addressed to EFCC Chairman Ola Olukoyede, Hon. Ogara condemned the handover, describing AMCON as "an unknown body" with no legal or procedural connection to the longstanding asset recovery litigation that dates back nearly two decades.
“As a representative of the people of Igbo-Eze South (part owners of the recovered assets), I have been inundated with several calls questioning the decision of your commission to hand over the assets belonging to the government and good people of Enugu State to AMCON,” Ogara wrote.
He reminded the EFCC that in April 2024, the commission had similarly returned 14 forfeited properties linked to Dr. Nnamani to the Enugu State Government without prior notification to the State House of Assembly. According to Ogara, the latest move contradicts precedent and lacks transparency.
The lawmaker also raised concerns about the whereabouts of ₦400 million allegedly recovered from an overhead tank belonging to one Sam Ejiofor, stating that the EFCC has failed to account for the recovered funds to date.
“There was no nexus between the issues arising from the forfeited property in Enugu State and AMCON. Therefore, I demand that the EFCC reverse the handover and return the listed assets to the Enugu State Government within seven days,” Ogara warned.
“Failure to comply with this demand will compel me to initiate legal proceedings in a competent court of law, relying on the provisions of the Administration of Criminal Justice Act,” he added.
At the time of filing this report, EFCC had not officially responded to Hon. Ogara’s letter or addressed the concerns raised regarding the asset handover or the unaccounted funds.
The situation continues to stir debate among political stakeholders and citizens of Enugu State, many of whom are demanding clarity, accountability, and justice in the ongoing management of recovered public assets.
