Underfire businesswoman, Aisha Achimugu has refuted reports that $13 million was recovered from her residence during a raid by the Economic and Financial Crimes Commission (EFCC), stating that the actual sums involved were significantly lower.
Speaking during an interview on Channels Television on Monday, Achimugu clarified that only $50,000 and N13 million were found, contrary to widespread claims.
The EFCC had previously declared her wanted over allegations of criminal conspiracy and money laundering. In March, a Federal High Court in Abuja ordered the final forfeiture of $13 million linked to her firm, Oceangate Engineering Oil and Gas Ltd, to the Federal Government.
According to the anti-graft agency, the company allegedly conspired with unlicensed Bureau de Change operators and bank officials to move large sums of cash suspected to be proceeds of unlawful activity. The funds were reportedly used to pay signature bonuses for two oil blocks acquired in 2024.
Reacting to the reports, Achimugu declined to provide extensive details, citing the ongoing court proceedings, but insisted that the widely reported $13 million figure was inaccurate.
“First, I won’t go so much into the detail of $13 million. As you know, it’s a matter in court. It will be prejudice for me to talk about what’s already in court. And I still believe strongly in our judicial system in Nigeria,” she said.
