A Federal Capital Territory High Court in Apo, Abuja, has ordered the final forfeiture of assets worth about N8.9 billion linked to businesswoman Aisha Achimugu in favour of the Federal Government.
The assets include jewellery valued at N4.65 billion, 11 luxury vehicles worth N4.29 billion, $50,000 in cash, and an additional N30 million.
Justice Jude Onwugbuzie issued the order on Thursday while ruling on an application filed by the Economic and Financial Crimes Commission (EFCC), which sought the permanent forfeiture of the assets.
The court granted the request, transferring ownership of the properties to the Federal Government.
The EFCC had urged the court to permanently forfeit the properties to the Federal Government, arguing that they were linked to unlawful activities.
The court granted the commission’s application and ordered that the jewellery, vehicles, and cash be finally forfeited to the Federal Government
