Court Grants Final Forfeiture of $13m Linked to Achimugu’s Firm to Government

Justice Emeka Nwite of the Federal High Court in Abuja, on Wednesday, March 25, 2026 granted an order of final forfeiture of the sum of $13 million linked to a business woman, Ms Aisha Achimugu and her Oceangate Engineering Oil & Gas Ltd, to the federal government. The Economic and Financial Crimes Commission, EFCC, dragged Oceangate Engineering Oil & Gas Ltd before the court regarding the ownership of $13m suspected to be proceeds of fraud and unlawful activities. Delivering judgment in a suit instituted by Oceangate Engineering Oil & Gas Ltd to claim the funds, Justice Nwite held that the co…

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Source	EFCC
Collection	Anti-corruption and elections
Kind	Document
Publisher	Economic and Financial Crimes Commission (EFCC)
Date	2026-03-25
Type	press-release
Found at	https://www.efcc.gov.ng/news/court-grants-final-forfeiture-of-13m-linked-to-achimugus-firm-to-government
Archived copy	Look it up in the Wayback Machine
Record ID	`efcc:news:13952`

Cite this record

Court Grants Final Forfeiture of $13m Linked to Achimugu’s Firm to Government. EFCC, 2026. Vero Archive, record efcc:news:13952.