Just in: Court Orders Final Forfeiture of Achimugu’s N9bn Assets to FG

Justice Jude Onwugbuzie of the Federal Capital Territory (FCT) High Court sitting in Apo, Abuja, has ordered the final forfeiture of assets linked to Kogi-born businesswoman, Aisha Achimugu, to the Federal Government.

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The assets include jewellery valued at N4.645 billion, 11 exotic vehicles worth N4.293 billion, $50,000 in cash, and N30 million.
The ruling was delivered on Thursday, July 16, 2026, following months of legal proceedings after the Economic and Financial Crimes Commission (EFCC) applied for the final forfeiture of the assets.

Justice Onwugbuzie held that the EFCC had successfully proved its case and consequently ordered the immediate and final forfeiture of the jewellery valued at N4,645,170,294.09, the 11 exotic vehicles worth N4,293,000,000, $50,000, and N30 million in cash to the Federal Government.

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