Nigeria

Breaking: Court Grants Final Forfeiture of Achimugu‘s N4.6b Jewelries, N4.3b Exotic Cars, $50k, N30m

Published 16 Jul 2026 at 2:15 PM

by Ridwan Adeola Yusuf

1 min read

Legit.ng journalist Ridwan Adeola Yusuf has over nine years of experience covering anti-corruption in Nigeria and Africa.

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FCT, Abuja - A Federal Capital Territory (FCT) High Court, Abuja, on Thursday, July 16, granted the final forfeiture of properties linked to a popular businesswoman, Ms Aisha Achimugu, to the federal government.

According to a post on the official X (formerly Twitter) account of the Economic and Financial Crimes Commission (EFCC), the recovered assets include jewellery valued at N4,645,170,294.90, 11 exotic cars worth N4,293,000,000, $50,000, and N30,000,000 in cash.

Justice Jude Onwugbuzie of the FCT High Court, Abuja, granted the final forfeiture of assets linked to businesswoman Aisha Achimugu to the federal government, including jewellery worth N4.65 billion, 11 exotic cars following an EFCC application. — FCT High Court orders the final forfeiture of Aisha Achimugu's N4.65bn jewellery, N4.29bn exotic cars, $50,000, and N30m cash to the FG following an EFCC application. Photo credit: @NigeriaStories
Source: UGC

Justice Jude Onwugbuzie granted the order in a judgment on the application for final forfeiture of the properties by the EFCC.

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Authors:

Ridwan Adeola Yusuf (Current Affairs Editor) Ridwan Adeola Yusuf is a content writer with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.

Tags:

EFCC Federal Government Of Nigeria Federal High Court Of Nigeria Economic And Financial Crimes Commission (EFCC)

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