Pages 15 ff of Tribune of Friday 29 November, 2002 "NZERIBE'S ASSETS WORTH GBP 925 MILLION [STERLING]" In the eighties, in furtherance of my ambition at that point in time to contest for the Governorship of Imo State, I published a booklet entitled "IMO MARSHAL PLAN CHARTER 90: HOW ARTHUR WILL GOVERN IMO STATE.":

That booklet was circulated to almost every family in the then Imo State which included the present Abia State. I know that most people relished and preserved that publication. At page 4 of the booklet, I published a resume of my family resources irrevocably available at my disposal I funding amongst other needs my personal political endeavours for life. An extract from that publication is hereby made available.
QUOTE

The NZERIBE TURST and the AGUNZE TRUST which were set up in 1979 with GBP175 million sterling and in 1983 with GBP200 million sterling respectively remain unarguably the clear source of my political funding. As at 1st March 1988, the Auditors, the Chartered Accountants, the appropriate government regulatory bodies, for tax purposes agreed that the Net Asset Value of the Agunze Trust was worth GBP 400 million sterling. (Four hundred million pounds sterling).

The Nzeribe Trust was GBP525 million (Five hundred and twenty five million pounds sterling) as clearly stated on page 7, Item No. 15 of the Charter document. Similarly, Obiora Monu & Co., Chartered Accountants based in Nigeria had put the Net Asset Value of the Nigerian Investments at N181,080,750.00 (One hundred and eighty million, eighty thousand, seven hundred and fifty naira) as also stated on page 7, item No. 17 as at 31st December, 1988.

The above facts were reflected in my sworn affidavit at the Lagos High Court dated 18th April, 1988 on page 8. On page 7, item No. 18, it was clearly summarized that the total Net Value of Nzeribe Family Trusts and the Agunze Trust Worldwide including other investments was in excess of N12, 206,080,750 (Twelve billon, two hundred and six million, eighty thousand, seven hundred and fifty naira) using an exchange range of N13.00 to GBP 1 sterling (One pound sterling) applicable at that time, and the current exchange rate of about N200.00 (Two Hundred Naira) to GBP 1 sterling has not been applied. I wish to state that no revaluation has been carried out since 1988. You may wish to imagine the present Net Asset value of the Trust investment worldwide.

The point I wish to make is that I was never and will never be for sale as my detractors are always anxious to portray. Probably, I have been at fault for not defending this plant of the cheap propaganda of my detractors. You cannot buy me. Indeed, like any other family member beneficiary, I also render account to the Trust's management who I have to apply for funds when needed. At the risk of sounding immodest during my sixtieth birthday event, I made a publication that I had by then invested over N10,000,000,000.00 (ten billion naira) in politics in Nigeria without deriving any financial reward directly from politics. This is the simple truth and I am yet to be contradicted. Also till date, the disclosures I made concerning the TRUSTS, the supporting affidavits and their Statements of Affairs and Certificate of Net Assets remain uncontradicted. These Certificates and Statements of Affair s were issued by professional and regulatory bodies both in Nigeria and the United Kingdom. These are exhibited in the booklet.) In my political journey in Nigeria so far, I have been able to play a publicly acknowledged financial role in the defunct Peoples Redemption Party (PRP) and Nigeria Peoples Party (NPP) etc. It is common knowledge that I was a financial pillar of the defunct Social Democratic Party (SDP). I ran effortlessly the activities of the party in the entire Eastern States from funds made available from the Trusts. It was an irrefutable fact that I financed candidates nationwide both in the NRC and SDP at all levels of candidature including State Governorships. It was my political ingenuity and serious financial commitment that helped the cognomen "CARIA STATES" make the remarkable impact that the SDP made in all the Southern States. This represented the thrust of my financial commitment to that political party.

It is also evident that I was the sole financier of the unregistered political party, the National Democratic Party (NDP) which was adjudged one of the best 8 (eight) of about 18 (eighteen) associations that sought registration during the transition programme of the Babangida Administration.

In the recent past, I single-handedly handled financed the activities of the defunct Association for Better Nigeria (ABN), the pressure group that legitimately and constitutionally went to court under the due process of law and obtained the judgement restraining the conduct and eventually the non-release of the results of the presidential elections of that year [JUNE 12 ELECTION RESULTS] by the electoral commission. The association did not receive any iota of financial assistance from the Babangida Administration. There are living witnesses amongst the top echelons of that regime who should feel free to contradict my position. All the funds expended in realizing the objectives of the association were provided by me from the funds made available or provided by the TRUSTS at my own request. In the same vein are the activities of the defunct Union of Democratically Elected Representatives of Nigeria (UDERN) and the present MONAC.

Therefore, if I spent millions of naira of my own money to promote ABN and other such pressure groups which I believed in, why is it difficult to believe that I am spending my own millions of naira now to support Obasanjo by opposing an underserved impeachment intrigue? It is in the light of the above facts that I am amused by the uncharitable or unreasonable suspicion that in trying to make my political conceptions and projections a reality, it must surreptitiously be "to make money." I, however, agree that part of the burden of living in a corrupt society is to explain everything away in monetary terms. Certainly, that is not my style. In this context, it is on record that I had in the past been reported as criticizing Nigerian public officials for "stealing what they do not need." I am convinced that with the material resources at my disposal, provided by the TRUSTS. I can sustain my standard of living for life, and do exactly what I want to do politically, legally, any time, any place, based on my conviction. Monetary inducement does not motivate or excite me, I have seen it all. Conviction motivates and excites me sometimes; I am driven to be more catholic than the Pope.


While funds for my political activities may not literally be "a river that never runs dry", I do not require to look for sponsors for any political budget that I wish to implement. That is the truth, the whole truth and nothing but the truth. I always pick up my political bills.



In Summary
=================
Summary of Nzeribe's Riches, Investments and Their Political Usage The NZERIBE TRUST - established 1979 - GBP175 million sterling The AGUNZE TRUST - established 1983 - GBP200 million sterling Net Asset Values As at March 1, 1988:
NAV of Nzeribe Trust - GBP 525 million sterling
NAV of Agunze Trust - GBP 400 million sterling (acc. To auditors)
As at March 31, 1988:
NAV of the Nigerian Investments - N181,080,750.00
His pro-Obasanjo, anti-impeachment lobbies:
Gift and donation from the AGUNZE TRUST - US$125,000,000.00
Amount drawn so far:
(a) US$3.5 million - on September 10, 2002
(b) US$3.5 million - on September 12, 2002
(c) US$10 million - on November 14, 2002
TOTAL - $17 million
At a parallel conversion rate of N141 to one US dollar-
TOTAL - N2,397,000,000



References: http://www.nigerdeltacongress.com/sarticles/senator_francis_arthur_nzeribe_w.htm
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Na lie

Yes he is worth that much

This was a guy that bought a tokunbo private jet for zik's campaign,just to be allowed into NPP then. And he was in his early 30's then.
One of the first licensed legitimate arms dealers in Africa.
This was a guy that wholly backed Abiola in SDP and funded the spread of SDP in the south east.
Till date,its this guy that started this idea of living in acres and acres of land that many politicians are looting their treasury to copy today. His compound in Oguta has round abouts,tarred roads,junctions,signposts for directions,etc like a campus community.
Though not a fan of this man,but I believe that this man is about one of the richest nigerians.
I believe that if we are to place all the undertable dealings on the table,Nigerians will be shocked at a new richlist that will emerge. Afterall Dangote once said that even though he's called the richest nigerian(then),that he has many friends in Nigeria whom he knows are richer than him

I ave always suspected alike is not the richest person in this continent

I don't know him

Google Francis Arthur Nzeribe. You get more education

This rich and I've never heard of him wow some people can hide sha
I just googled him, on Wikipedia
Sounds like a mafia
I don't like him

eyeview:
This was a guy that bought a tokunbo private jet for zik's campaign,just to be allowed into NPP then. And he was in his early 30's then.
One of the first licensed legitimate arms dealers in Africa.
This was a guy that wholly backed Abiola in SDP and funded the spread of SDP in the south east.
Till date,its this guy that started this idea of living in acres and acres of land that many politicians are looting their treasury to copy today. His compound in Oguta has round abouts,tarred roads,junctions,signposts for directions,etc like a campus community.
Though not a fan of this man,but I believe that this man is about one of the richest nigerians.
I believe that if we are to place all the undertable dealings on the table,Nigerians will be shocked at a new richlist that will emerge. Afterall Dangote once said that even though he's called the richest nigerian(then),that he has many friends in Nigeria whom he knows are richer than him

Not surprised

'I just googled him on wikipedia ' Lol

And so what! What did he do to get there?

Standing5:
And so what!
What did he do to get there?

He worked

Arthur Nzeribe during his time at the Senate,in OBJs regime,the man once said that the last time he worked or did any business was in 1982,that he has resources that will take care of him,his children and their children a whole life time.
Then he use to have a special parking space at the senate parking lot.For all the years he spent at the senate,i think he was a two or three times senator,he lived in a hotel.
A bohemian and i personally dont just like him,a maverick politician,who lacks conscience.

eyeview:
This was a guy that bought a tokunbo private jet for zik's campaign,just to be allowed into NPP then. And he was in his early 30's then.
One of the first licensed legitimate arms dealers in Africa.
This was a guy that wholly backed Abiola in SDP and funded the spread of SDP in the south east.
Till date,its this guy that started this idea of living in acres and acres of land that many politicians are looting their treasury to copy today. His compound in Oguta has round abouts,tarred roads,junctions,signposts for directions,etc like a campus community.
Though not a fan of this man,but I believe that this man is about one of the richest nigerians.
I believe that if we are to place all the undertable dealings on the table,Nigerians will be shocked at a new richlist that will emerge. Afterall Dangote once said that even though he's called the richest nigerian(then),that he has many friends in Nigeria whom he knows are richer than him

I am not a fan of Arthur, in fact I don't think I like him, but one thing about him is that he is one of the few whose money did not come from niger delta, he did not cheat niger delta to become rich unlike most of the roques parading the country as wealthy people.

UIA04:
This rich and I've never heard of him wow some people can hide sha
I just googled him, on Wikipedia
Sounds like a mafia
I don't like him

You don't know Arthur Nzeribe? You must be a teenager then.

Sunnynwa:


You don't know Arthur Nzeribe? You must be a teenager then.

Nope early twenties and since I'm not an imolite the more reason I might not have. I googled him facts I saw
He deals in arms
He supplied arms to biafrans and Nigerians during the war
He stole a legendary musicians wife (Harry mosco, of the country boy and sugar cane baby fame)
He was senator from 1999-2007
And he has practically sponsored major elections. I don't like election sponsors, cause, they will surely make their money back to the detriment of the public and it's funds.
He fell and cracked his skull recently.
Just like buhari, obasanjo and Co he doesn't seem to want to leave politics for the younger generation even if he's been involved since the sixties.

kettykin:


I am not a fan of Arthur, in fact I don't think I like him, but one thing about him is that he is one of the few whose money did not come from niger delta, he did not cheat niger delta to become rich unlike most of the roques parading the country as wealthy people.

Very true. However he cheated the whole of Nigeria.

I know he's a very rich billionaire,i heard he looted the money allocated to his zone while he was a senator.what marvels me most was his compound in oguta,it's like a town on it's own,very large.how can someone have a land that's upto 20 hectares as a compound.

He could be worth that although I don't know about now. I have read his author biography. Nzeribe was an Igbo business who was based in Ghana the n 60's and 70's. He purported dealt in precious stones such as Gold and he grew fabulously rich. There was a time it was widely reported in the Ghana media that Nzeribe bribed the then Ghanain head of state, General Ankrah and this contributed to the overthrow of Ankrah and Nzeribe returned to Nigeria. It is said that when he returned and went to open an account, almost 20 able bodied men where needed to bring into the bank the amount of money he brought. Nzeribe was once thought to be the richest man in Nigeria

Na wa

£900 million gini? Nzeribe's wealth has been a subject of vulgar speculation and gross over-exaggeration since the 1980s. I don't think he is as rich as some people think he is. That's how all those village noise makers used to attribute ownership of FAN Milk to him (FAN = Francis Arthur Nzeribe), lol. He is probably not even as rich as the late Chief John Anyaehie if we are talking about the richest men in Imo state alone.

That man should be held responsible for the loss of the biafran war!
He got contract to supply the biafran army modern arms and he delivered world war one vintage arm and artillery that fell apart when used.
The artillery he supplied were the American Civil War vintage.
The one that uses balls and gunpowder.
That man can sell his mother for money.

UIA04:

Very true. However he cheated the whole of Nigeria.

how did Arthur cheat the whole Nigeria Please ?

His wealth is not exaggerated. All through his active political life he had a special suite he paid for every year at the Eko hotels.he just paid for it and live there few times in a year. Since 1985 or so. I think he gave the hotel 2million naira yearly at the time. Remember at that time in the 1980s this wasn't common for pple to do

Nope

fegflu:
Nope

Sunnynwa: If u av not held of him you must be a teenager then, "Yes"
hedonistic: FAN Milk to him (FAN Milk= Francis Arthur Nzeribe),"Yes he own it & dere is a story behide it"

D little I know of him, He is one of 9ja finest mafia but not mafia in killing oooo, He introduce d popular world "419" "yahoo yahoo" internet scam" in Nigeria first & he is d originator & a God father in d game,

Remember d news years back when Brazil as a country went Bankrupt due 2 huge funds looted from dere central bank of Brazil with likes of "Adebendel & co" Godfather was masterminder of it.

He brought in a wealthy white man 2 partner & invest in Nigeria which dey invested in Youghot Milk & dey named it "Fan" which d ideal of d name came from Godfather unknowing 2 d white man dat d name of d Product was abbreviation of Godfather name (FAN Milk= Francis Arthur Nzeribe),..@ d end when money started coming den issues arise in court but Godfather won d case cos d products was in his name..

Also dere was a time he was jailed in Nigeria during Abacha reign & he was one of d rich & powerful Abacha try 2 bring down, during his stay in prison he feed d whole prisoners & staffs in prison with Mr. B's complete meal 3times a day all through his staying in d Prison.

If u ask me Godfather is one of d richest man in Africa, pls don't get me wrong ooh not Richest Nigeria but "Africa" as A whole & he is d underground kind of person who keep low profile.

NOTED: he is one of d finest Godfather in Nigeria till date & he is d most sponsored of most politicain till date but still always on low profile & also d main brain behide d weapon deal in both side "Nigeria army & Biafra army"..during d civil war.

Odogwu

I laugh when people from a particular region of this country yell Dangote, Adenuga and Otedola all the time as the richest men in Nigeria. They are several Igbo men reacher than these people.

Nawao

I know him very well.he is also a magician. Then in our primary education in oguta town,he use to turn sand to rice when he comes to the school.very rich indeed.

eyeview:
This was a guy that bought a tokunbo private jet for zik's campaign,just to be allowed into NPP then. And he was in his early 30's then.
One of the first licensed legitimate arms dealers in Africa.
This was a guy that wholly backed Abiola in SDP and funded the spread of SDP in the south east.
Till date,its this guy that started this idea of living in acres and acres of land that many politicians are looting their treasury to copy today. His compound in Oguta has round abouts,tarred roads,junctions,signposts for directions,etc like a campus community.
Though not a fan of this man,but I believe that this man is about one of the richest nigerians.
I believe that if we are to place all the undertable dealings on the table,Nigerians will be shocked at a new richlist that will emerge. Afterall Dangote once said that even though he's called the richest nigerian(then),that he has many friends in Nigeria whom he knows are richer than him

But Arthur can never be in the class of Dan