Court Orders Final Forfeiture of Aisha Achimugu's Assets

On Thursday, the High Court of the Federal Capital Territory in Abuja, presided over by Justice Jude Onwuegbuzi, ordered the final forfeiture of assets belonging to businesswoman Aisha Achimugu, valued at N8.938 billion. The assets include jewelry worth N4.645 billion, exotic vehicles valued at N4.293 billion, and cash amounting to N30 million and $50,000.

This ruling follows a previous interim forfeiture order issued by the court, which was part of an application filed by the Economic and Financial Crimes Commission (EFCC) aimed at permanently forfeiting the assets. The court's decision marks the second time this year that a court has made such an order against Achimugu, who is under investigation for alleged involvement in money laundering and a Ponzi scheme.

The EFCC's investigation was initiated after Achimugu's extravagant 50th birthday celebration in January 2024 in Grenada. She was arrested by EFCC operatives on April 28, 2025, upon her arrival at Nnamdi Azikiwe International Airport in Abuja.