A Federal Capital Territory (FCT) High Court in Apo, Abuja, has ordered the permanent forfeiture of billions of naira worth of assets linked to businesswoman Aisha Achimugu to the Federal Government.
The ruling, delivered on Thursday, July 16, 2026, by Justice Jude Onwugbuzie, followed an application filed by the Economic and Financial Crimes Commission (EFCC) seeking the final forfeiture of the assets.
Among the properties forfeited are luxury jewellery valued at approximately ₦4.65 billion, 11 exotic vehicles worth about ₦4.29 billion, $50,000 in cash, and ₦30 million in cash.
According to the EFCC, the court was satisfied with the evidence presented in support of the application and consequently granted the final forfeiture order, transferring ownership of the assets to the Federal Government.
The combined value of the forfeited jewellery and luxury vehicles is estimated at over ₦8.9 billion, making it one of the most significant asset forfeiture orders secured by the anti-graft agency in recent times.
The EFCC has intensified its crackdown on suspected proceeds of crime, using both interim and final forfeiture proceedings to recover assets believed to have been acquired through unlawful means.
Aisha Achimugu has remained at the centre of several investigations involving alleged financial crimes, although the latest court order specifically relates to the forfeiture of the identified assets.
The commission says asset recovery remains a key component of its anti-corruption strategy, aimed at depriving individuals found to have benefited from illicit wealth while ensuring that recovered assets are returned to public ownership.
The latest judgment marks another milestone in the EFCC’s ongoing efforts to strengthen accountability and recover assets suspected to be linked to financial crimes in Nigeria.
Keywords: Aisha Achimugu, EFCC, Aisha Achimugu assets forfeited, FCT High Court, luxury cars forfeiture, jewellery forfeiture, anti-corruption, Nigeria news, EFCC latest news.
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