$250m Funds: EFCC searches Aisha Achimugu’s house, discovers jewelries value N1bn, money
Aisha Achimugu’s troubles have deepened because the {Economic} and {Financial} Crimes Fee, EFCC, intensifies its investigation into a serious {financial} scandal involving the businesswoman who’s at the moment at massive.
That is because the EFCC just lately uncover luxurious objects and huge sums of money at her Abuja residence, linked to a lacking $250 million.
Performing on a court-issued warrant, EFCC operatives raided Achimugu’s property situated at No. 61 Hassan Usman Katsina Avenue, the place they uncovered ₦30 million in money, $50,000 in international foreign money, and a number of other packing containers crammed with gold, diamond, and silver jewellery valued at over ₦1 billion.
The invention varieties a part of a wider probe into allegations of cash laundering and the mismanagement of political marketing campaign funds.
Sources near the investigation disclosed that the $250 million was allegedly entrusted to Aisha Achimugu by a governor to assist preparations for election marketing campaign.
Insiders allege the funds have been supposed for safekeeping however have been as an alternative moved throughout a number of accounts and should have been misappropriated.
“The difficulty is deeper than most individuals notice. The governor put himself in a large number by conserving $250 million in an account linked to Aisha. She has tampered with the funds and might now not account for them,” a supply aware of the matter revealed.
The EFCC has since frozen 136 {bank} accounts related to Achimugu throughout ten totally different banks.
Investigators additionally uncovered that she controls greater than 20 firms registered with related addresses—elevating suspicions of a community of shell firms used to maneuver illicit funds.
Achimugu who’s the founding father of Felak Idea Group was summoned by the EFCC to seem at its Port Harcourt workplace on March 25, 2025.
She didn’t honor the invitation and is now formally wished by the anti-graft company.