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Category NameCorruption
Source of Newsefccnigeria.org
Date of New2026-07-16
News HeadlineAisha Achimugu: Court Grants Final Forfeiture of N4.6b Jewelries, N4.3b Exotic Cars, $50, 000 , N30, 000,000 to
Name of ReporterEFCC
Name of Victim
Age
Gender
Occupation
Type of MatterCorruption
Complain OfficeEFCC
Crime AddressAbuja
Crime StateFCT
Crime Local Govt AreaAbuja Municipal
Crime CityAbuja
Geo-Political ZoneNORTH-CENTRAL
Crime Date
Alleged OffenceForfeiture of assets
Section of the Law17, Advance Fee Fraud and other related offences Act
Crime Motivation
Type of SectorPrivate corruption - forfeiture arising from fraudulent activities (Jewelries worth N4,645,170,294.9
Alleged Crime OrganizationIndividual - f
Organization CategoryProceeds of crime - through acquisition of property (11 exotic cars and jewelries)
Crime SectorIndividual
Type of CrimeAssets forfeiture (money and property) - Final
Item Description
Quantity
No of Deaths(SECURITY ORGANIZATIONS)
General RemarkFinal forfeiture of property and money
Perpetrators Destination
No of Victims
Prosecuting AgencyEFCC
Arraignment Date2026-04-23
CourtFCT High Court
Court Address: StateFCT
Court Address: TownApo, Abuja
Name of JudgeJustice Jude Onwugbuzie
Prosecting CounselEkele Iheanacho, SAN
Defense Counsel
No of Persons Being Prosecuted1
Status of MatterFinal forfeiture of jewelries worth N4,645,170,294.9; eleven exotic cars worth N4,293,000,000; $50,000 cash and N30,000,000 cash to the Fed. Govt.
No of Deaths(CIVILIAN)
No of Persons Jailed
Forfeited Assets11
Amount Forfeited8968170295.9
Alleged Ransom Demanded
Alleged Ransom Paid8968170295.9
Conviction Date2026-07-16
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