Court Orders Final Forfeiture of $13m Linked to Achimugu
The Federal High Court in Abuja has ordered the final forfeiture of $13 million linked to businesswoman Aisha Achimugu and her firm, Oceangate Engineering Oil & Gas Ltd, to the Federal Government after ruling that the funds were proceeds of unlawful activity. Delivering judgment on Wednesday, Justice Emeka Nwite held that the Economic and Financial […]
Federal High Court Orders Forfeiture of $13 Million Linked to Oceangate
The Federal High Court (FHC) in Abuja has ordered the final forfeiture of $13 million connected to Aisha Achimugu’s company, Oceangate Engineering Oil & Gas Ltd. Justice Emeka Nwite delivered the ruling on a motion filed by the Economic and Financial Crimes Commission (EFCC), concluding that neither Achimugu nor her company provided evidence that the […]
