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| Aisha Achimugu |
A Federal Capital Territory High Court in Apo, Abuja, has granted the federal government final forfeiture of assets linked to businesswoman Aisha Achimugu, following an application by the Economic and Financial Crimes Commission (EFCC).
The EFCC had investigated suspected proceeds of unlawful activity and applied to the court to forfeit assets it said were acquired through illicit means.
The matter was heard before Justice Jude Onwugbuzie.
On Thursday, July 16, 2026, Justice Onwugbuzie granted the EFCC’s application for final forfeiture. The court ordered that a range of properties and cash, allegedly connected to Achimugu, be forfeited to the federal government.
The items listed in the court order include:
• Jewelry valued at N4,645,170,294.90.
• Eleven exotic cars worth N4,293,000,000.
• Cash of $50,000 (Fifty Thousand United States Dollars).
• Cash of N30,000,000 (Thirty Million Naira).
Final forfeiture means the federal government now has legal title to the listed assets; they may be retained, managed, or disposed of according to law.
The EFCC’s successful application follows its mandate to investigate, seize, and recover assets suspected to be proceeds of crime.
The court’s order brings the forfeiture process to a close in this case unless affected parties seek a stay or appeal within the time allowed by law.
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