Court affirms final forfeiture of $13m traced to Aisha Achimugu to Nigeria’s Govt

The Federal High Court in Abuja has affirmed the final forfeiture of $13 million linked to Lagos socialite Aisha Achimugu and Oceangate Engineering Oil & Gas Ltd to the Federal Government. Justice Emeka Nwite held that EFCC proved the funds were proceeds of fraud, while Oceangate failed to show legitimate ownership of the money. The […]