The Federal Capital Territory (FCT) High Court in Apo, Abuja, has ordered the final forfeiture of assets worth about N8.9 billion linked to businesswoman, Aisha Achimugu, to the Federal Government.
The forfeited assets include jewellery valued at N4.65 billion, 11 exotic vehicles worth N4.29 billion, $50,000 and N30 million in cash.
Justice Jude Onwugbuzie gave the order on Thursday while delivering judgment on an application filed by the Economic and Financial Crimes Commission (EFCC).
The anti-graft agency had asked the court to permanently forfeit the assets to the Federal Government, arguing that investigations linked them to unlawful activities.
After considering the application, Justice Onwugbuzie granted the request and ordered the final forfeiture of the jewellery, luxury vehicles and cash.
The ruling effectively transfers ownership of the assets to the Federal Government, bringing to a close the forfeiture proceedings initiated by the EFCC.
