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Justice Emeka Nwite of the Federal High Court in Abuja has granted an order of final forfeiture of the sum of $13 million linked to businesswoman, Aisha Achimugu, and her xompany Oceangate Engineering Oil & Gas Ltd.
Justice Nwite on Wednesday held that the Economic and Financial Crimes Commission (EFCC) was able to prove that the funds were proceeds of fraud.
Justice Nwite held that neither the Oceangate Engineering nor Aisha Achimugu was able to prove to the court that the money was legitimately earned.
The judge further held that the argument by Oceangate Engineering’s lawyer, Darlington Ozurumba, that the money came from gifts to Achimugu and earnings from gas and oil-related contracts could not be substantiated by credible evidence.
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Justice Nwite rejected Ozurumba’s argumemt that the court lacked jurisdiction to have granted the August 22, 2025 interim forfeiture while the court sat as vacation court.
He upheld the submission by EFCC’s lawyer, Rotimi Oyedepo, (SAN) that relevant laws, including Order 46(5) of the Federal High Court’s Rules, Section 17 of the Advance Fee Fraud Act, 2006, and others, were complied with in granting the order.
Justice Nwite described as baseless the argument by lawyer to Oceangate Engineering that the EFCC was a meddlesome interloper since no person or corporate body complained to it that their money was missing.
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