The Economic and Financial Crimes Commission (EFCC), on Tuesday morning arrested billionaire businesswoman, Aisha Achimugu at the Nnamdi Azikiwe International Airport, Abuja.
Achimugu, who was declared wanted by the EFCC in March, 2025 over allegations of criminal conspiracy and money laundering, was arrested at about 5:00 am shortly on her return from London.
A Federal High Court sitting in Abuja and presided over by Justice I.E. Ekwo, had ordered Achimugu to appear before the EFCC on Tuesday, and also to appear before the court on Wednesday, April 30, 2025.
Aisha Achimugu, who is the Group Managing Director and Chief Executive Officer of Felak Concept Group is being accused by the anti-graft agency of diverting about $250 million given to her by a sitting Governor for the purpose of the 2027 election.
The EFCC also obtained a search warrant with which its operatives broke into No 61 Hassan Usman Kastina street, being residence of Achimugu during which it alleged that the operatives discovered N30million cash, $50,000 cash, boxes of Gold, Diamonds and Silver jewelleries estimated to cost over N1billion.
Insiders’ sources said that a serving Governor had kept the funds with Achimugu, but when asked to account for it, it was realised that the $250million had been transferred to several other accounts owned by her and spent.
Accordingly, the EFCC is presently trying to unravel details of deposits and withdrawals from the 136 bank accounts in 10 different banks belong to Achimugu both in her personal and corporate names.
A source close to the EFCC said that Achimugu uses 20 different companies with similar addresses.
