Court Orders Final Forfeiture of Aisha Achimugu's N8.9bn Assets

On Thursday, a Federal High Court in Abuja, presided over by Justice Jude Onwugbuzi, ordered the final forfeiture of assets valued at N8.9 billion linked to businesswoman Aisha Achimugu to the Federal Government. The Economic and Financial Crimes Commission (EFCC) had filed an application seeking the final forfeiture of these assets, arguing that they were connected to unlawful activities.

The court granted the EFCC's application, which included the forfeiture of jewelry worth N4.65 billion, 11 exotic vehicles valued at N4.29 billion, and cash amounting to N30 million. The judgment marks a significant step in the government's efforts to combat corruption and recover illicitly acquired assets.