The Economic and Financial Crimes Commission (EFCC) on Wednesday brought Aisha Achimugu, a businesswoman previously declared wanted for failing to honor an invitation regarding an alleged money laundering case, before the Federal High Court in Abuja. Achimugu was arrested on Tuesday at Nnamdi Azikiwe International Airport, Abuja, upon her return from London.
The court had issued a directive on Monday for Achimugu to attend the EFCC's invitation on Tuesday, followed by a requirement for the agency to report developments to the court. At the hearing, Justice Inyang Ekwo suspended proceedings briefly to consult with lawyers from both parties in his chambers. Upon resumption, Achimugu’s lawyer, Kehinde Ogunwumiju (SAN), confirmed the filing of an affidavit of facts before the court, while the EFCC lawyer, Elele Iheanacho (SAN), indicated no objection except to a particular paragraph of the affidavit, leading to its withdrawal.
Justice Ekwo ordered the EFCC to facilitate Achimugu's release on conditional bail within 24 hours, in compliance with the conditions outlined in the affidavit. The case was adjourned to May 2, 2025, for further updates.
The EFCC had declared Achimugu wanted in March, accusing her of criminal conspiracy and money laundering linked to an N8.17 billion oil deal. The investigation alleges that Achimugu operates 136 bank accounts and was involved in the acquisition of two oil blocks through her company, Oceangate Engineering Oil and Gas Limited. The EFCC claims that funds for the acquisition were transferred through bureau de change operators and lacks transparency, raising suspicions about the source of the funds.
