Metro
Court Orders Final Forfeiture Of Aisha Achimugu’s N4.6bn Jewellery, N4.3bn Exotic Cars
An FCT High Court in Apo, Abuja, has ordered the final forfeiture of billions of naira worth of assets linked to businesswoman Aisha Achimugu to the Federal Government….
An FCT High Court in Apo, Abuja, has ordered the final forfeiture of billions of naira worth of assets linked to businesswoman Aisha Achimugu to the Federal Government.
Justice Jude Onwugbuzie granted the order following an application by the Economic and Financial Crimes Commission (EFCC), directing the permanent forfeiture of jewellery valued at N4.645 billion, 11 exotic vehicles worth N4.293 billion, $50,000 and N30 million in cash.
The ruling followed the EFCC’s request for the final forfeiture of the assets, which the Commission said were linked to Achimugu.
The forfeited assets include:
Jewellery valued at N4,645,170,294.90
11 exotic vehicles worth N4,293,000,000
$50,000 in cash
N30,000,000 in cash
The court’s judgment vests ownership of the assets in the Federal Government, bringing the forfeiture proceedings to a close.
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