A Federal Capital Territory, FCT, High Court sitting in Apo, Abuja, has granted a final forfeiture order of properties linked to a business woman, Ms Aisha Achimugu to the federal government.
The properties include jewelries worth N4,645,170, 294.9 billion (Fourt Billion, Six Hundred and Forty-Five Million, One Hundred and Seventy Thousand, Two Hundred and Ninety-Four Naira, Nine Kobo) eleven exotic cars worth N4.293,000, 000 (Four Billion, Two Hundred and Ninety-Three Million Naira), $50, 000( Fifty Thousand United States Dollars) and N30, 000,000 (Thirty Million Naira) cash.
Justice Jude Onwugbuzie granted the order on Thursday, July 16 2026 in a judgment on the application for final forfeiture of the properties by the Economic and Financial Crimes Commission, EFCC.
The assets were found by the EFCC as proceeds of unlawful activities.
Investigations by the Commission followed its receipt of financial intelligence showing huge inflows and outflows from over 136 ( One hundred and Thirty six) bank accounts linked to Aisha Achimogu which ran into billions of naira and millions of dollars.
The investigation carried out showed that the huge funds that passed through the companies operated by her were not disclosed as revenue of the companies in their financial statements filed at the Federal Inland Revenue Services (FIRS).
In the course of investigation, the Commission executed searches at the residence of Achimugu where the assets forfeited were recovered. While being interrogated, she was given Assets Declaration Form which she filled but did not disclose the recovered assets as her properties. The finding by the EFCC showed that the huge funds received into accounts linked to her were not from her legitimate business activities and that the recovered assets were not from lawful sources.
The properties include jewelries worth N4,645,170, 294.9 billion (Fourt Billion, Six Hundred and Forty-Five Million, One Hundred and Seventy Thousand, Two Hundred and Ninety-Four Naira, Nine Kobo) eleven exotic cars worth N4.293,000, 000 (Four Billion, Two Hundred and Ninety-Three Million Naira), $50, 000( Fifty Thousand United States Dollars) and N30, 000,000 (Thirty Million Naira) cash.
Justice Jude Onwugbuzie granted the order on Thursday, July 16 2026 in a judgment on the application for final forfeiture of the properties by the Economic and Financial Crimes Commission, EFCC.
The assets were found by the EFCC as proceeds of unlawful activities.
Investigations by the Commission followed its receipt of financial intelligence showing huge inflows and outflows from over 136 ( One hundred and Thirty six) bank accounts linked to Aisha Achimogu which ran into billions of naira and millions of dollars.
The investigation carried out showed that the huge funds that passed through the companies operated by her were not disclosed as revenue of the companies in their financial statements filed at the Federal Inland Revenue Services (FIRS).
In the course of investigation, the Commission executed searches at the residence of Achimugu where the assets forfeited were recovered. While being interrogated, she was given Assets Declaration Form which she filled but did not disclose the recovered assets as her properties. The finding by the EFCC showed that the huge funds received into accounts linked to her were not from her legitimate business activities and that the recovered assets were not from lawful sources.
This is too much
ReplyDeleteShuuuu
Which day I go get money like this?
ReplyDeleteNa waoh oooo. Too much money 😳😳ðŸ˜
ReplyDeleteBeautiful woman.
ReplyDeleteWhat a man can do, a woman can do better
ReplyDeleteOnly you all this properties.
Jewelry come expensive pass cars.
Money na water for this country.
Money dey this country oooo.
Ofu onye??
That’s chicken change compared to what she has stole. BTW, how did she get to be in possession of that amount of funds
ReplyDelete