Alleged $150m fraud: Court issues fresh directives to Aisha Achimugu

A Federal High Court sitting in Abuja has ordered businesswoman Aisha Achimugu to appear before the Economic and Financial Crimes Commission (EFCC) in connection with an ongoing $150 million fraud investigation.

Justice I.E. Ekwo, in a ruling delivered on Monday, directed Achimugu to honour the EFCC’s invitation and present herself at the commission’s office on Tuesday, April 29, 2025.

The court’s order was delivered regarding a suit marked FHC/ABJ/CS/626/2025 and filed by the businesswoman against various law enforcement agencies including the EFCC.

In addition, the court, also ordered Achimugu to appear before it on Wednesday, April 30, a day after she honours the EFCC invitation.

At the hearing of the application, counsel

To the EFCC, Ekele Iheanacho told the court that a counter-affidavit deposed by its investigator outlined the circumstances for her invitation to the agency.

Iheanacho said the businesswoman is under investigation for her involvement in a case of money laundering, corruption and possession of property reasonably suspected to have been acquired through unlawful means.

This order comes months after Achimugu honoured an EFCC invitation on February 12, 2024.

During the visit, she tendered a written statement and was granted administrative bail by the commission.

However, she failed to report back to the EFCC as agreed by both parties and she went ahead to file a fundamental rights enforcement suit against the Commission.

Having heard the submissions of the prosecution, the court further adjourned the matter to April 30, with the expectation that Achimugu honour EFCC’s invitation as ordered by the court.