From 1.8 Billion Deal To Legal Trouble: Nigerian Businesswoman Aisha Achimugu Wanted For Money Laundering

Nigerias EFCC declared Aisha Achimugu wanted over alleged money laundering linked to a 1.8 billion oil project in Grenada.

A Federal High Court ruled EFCC could investigate Achimugu, dismissing her legal challenge and upholding an asset forfeiture order.

Achimugus company, Oceangate Oil and Gas, signed a 1.8 billion oil deal in Grenada before she was declared wanted.

Nigerias Economic and Financial Crimes Commission EFCC has declared businesswoman and socialite Aisha Achimugu wanted over allegations of criminal conspiracy and money laundering. The move follows her involvement in a 1.8 billion oil project in Grenada.

In a statement, EFCC spokesperson Dele Oyewale called on the public to assist in locating her. Aisha Sulaiman Achimugu is wanted in connection with an alleged case of criminal conspiracy and money laundering, the statement read. The agency also released her photograph and urged anyone with useful information to come forward.

According to the circular, Achimugu, 51, is from Ofu Local Government Area in Kogi State. Her last known address was listed as 6C, Rudolf Close, Maitama, Abuja. The EFCC asked anyone with details about her whereabouts to contact its offices in Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt, or Abuja.

Before declaring her wanted, the EFCC had summoned Achimugu to appear at its Port Harcourt office on Mar. 5 over allegations of money laundering and a high-profile investment scam. She failed to show up.

Amid speculation about political ties, the commission dismissed claims linking its investigation to former Vice President Atiku Abubakar or Lagos State Governor Babajide Sanwo-Olu. It stressed that Achimugu was being investigated strictly for financial crimes and that politics had nothing to do with the case.