Politics

BREAKING: Court orders final forfeiture of N4.6bn jewelry, N4.3bn exotic cars, cash recovered from Aisha Achimugu

The properties include jewelry worth N4.6 billion (N4,645,170, 294.9 billion, 11 exotic cars worth N4.23 billion (N4.293,000,000), $50,000 and N30 million.

The Federal Capital Territory High Court in Apo, Abuja, has ordered the final forfeiture of properties linked to businesswoman Aisha Achimugu, to the federal government.

A statement from the Economic and Financial Crimes Commission (EFCC) said Justice Jude Onwugbuzie granted the order on Thursday, in a judgement on the application for final forfeiture.

Ms Achimugu has been a subject of money laundering investigations into her acquisition of an oil block.

More details later.