Aisha Achimugu loses N4.6bn jewellery to FG as court orders final forfeiture

A Federal Capital Territory, FCT, High Court sitting successful Apo has ordered the last forfeiture of N4.6 cardinal jewellery and 11 exotic cars worthy N4.3 billion, arsenic good arsenic $50,000 and N30 cardinal cash, linked to businesswoman Mrs Aisha Achimugu, to the Federal Government.

The tribunal presided by Justice Jude Onwugbuzie granted the last forfeiture exertion filed by the Economic and Financial Crimes Commission, EFCC.

The justice dismissed Achimugu’s objections portion granting the order.

Aisha Achimugu, who has been successful a moving conflict with the EFCC, had mislaid $13 cardinal to the Federal Government connected March 25, 2026, erstwhile the Federal High Court ordered the last forfeiture of funds linked to her and her firm, Oceangate Engineering Oil & Gas Ltd.

The court’s determination followed the anti-graft agency’s exertion for the assets to beryllium permanently forfeited to the government.

The forfeited items comprise high-value idiosyncratic effects and currency holdings linked to Achimugu, a businesswoman whose assets had earlier been the taxable of ineligible proceedings.

Details of the judgement were contained successful the court’s ruling delivered by Justice Onwugbuzie.

Aisha Achimugu loses N4.6bn jewellery to FG arsenic tribunal orders last forfeiture