A Court of the Federal Capital Territory (FCT) sitting in Apo-Abuja, on Thursday, July 16, 2026, ordered the final forfeiture of N4.6 billion jewelleries, N4.3 billion exotic cars, $50,000, and N30 million, cumulatively worth more than N8.9 billion linked to billionaire businesswoman, Aisha Achimugu to the Federal Government of Nigeria.
The court presided over by Justice Jude Onwugbuzie gave the order of final forfeiture after granting an application filed by the Economic and Financial Crimes Commission (EFCC).
Justice Onwugbuzie held held that the EFCC had fulfilled the conditions required by law for the grant of a final forfeiture order.
The trial judge accordingly, directed that the assets of Aisha Achimugu be permanently forfeited to the Federal Government.
The forfeited assets as ordered by the court were among properties the EFCC alleged were acquired with proceeds of unlawful activities.
The court had earlier granted an interim forfeiture order and directed that the order be published in national newspapers to allow anyone with interest in the assets to appear and show cause why they should not be permanently forfeited. However, there was no sufficient evidence presented to overturn the court’s interim order.
The court’s order of final forfeiture marked the latest move in the EFCC’s investigations involving Aisha Achimugu over allegations bordering on money laundering and other financial crimes.
Earlier in the year, a Federal High court had ordered the final forfeiture of 13 million dollars linked to Aisha Achimugu and her company after the EFCC convinced the court that the funds were proceeds of unlawful activities.
