Court affirms final forfeiture of $13m traced to Aisha Achimugu to Nigeria’s Govt

Justice Emeka Nwite of the Federal High Court successful Abuja has affirmed the last forfeiture to the Federal Government, the sum of $13 cardinal linked to a Lagos socialite, Ms Aisha Achimugu and her Oceangate Engineering Oil & Gas Ltd.

In a judgement connected Wednesday, Justice Nwite held that the overseas currency has been good established by the Economic and Financial Crimes Commission, EFCC, to beryllium proceeds of fraud and unlawful activities.

Delivering judgement successful a suit instituted by
Oceangate Engineering Oil & Gas Ltd to assertion the fund, the justice held that the institution failed woefully to found however it came astir the money.

On the contrary, Justice Nwite said the EFCC satisfied each requirements for the money to beryllium classified arsenic proceeds of fraud and to beryllium forfeited to the due authority.

The justice dismissed the claims that the
$13 cardinal was gifts received by Oceangate Engineering Company done Aisha Achimugu, adding that the said Aisha Achimugu ne'er came to the tribunal to amusement origin connected wherefore the immense money should not beryllium forfeited to the Federal Government.

Justice Nwite besides noted that nary azygous idiosyncratic who gave the monetary acquisition to Aisha Achimugu to the tune of $13 cardinal was called to testify.

The justice held that the load to found genuine ownership of the wealth was not established by the applicant to antagonistic the claims of the anti- graf...