Wednesday, August 12, 2026

Money Laundering: EFCC nabs Sanwo-Olu’s paramour Aisha Achimugu at Abuja airport

The arrest came a month after EFCC declared Ms Achimugu wanted over an alleged criminal conspiracy and money laundering case.

• April 29, 2025
Aisha Achimugu and EFCC operatives
Aisha Achimugu and EFCC operatives

The Economic and Financial Crimes Commission has nabbed Aisha Achimugu, who was wanted for money laundering.

On Tuesday, the anti-graft agency apprehended Ms Achimugu, Governor Babajide Sanwo-Olu’s paramour, at the airport in Abuja.

The Abuja Division of the Federal High Court had ordered Ms Achimugu to appear before the EFCC as an investigation into alleged criminal conspiracy and money laundering deepens. Justice I.E. Ekwo, who gave the order in a ruling delivered on Monday, directed Ms Achimugu to appear before the anti-graft agency on Tuesday and before the court on Wednesday.

The ruling was delivered in a suit marked FHC/ABJ/CS/626/2025, filed by Ms Achimugu against several law enforcement agencies, including the Nigeria Police Force, the Independent Corrupt Practices and Other Related Offences Commission, the State Security Service, the EFCC, the Nigeria Security, Civil Defence Corps and the Nigeria Immigration Service.

This ruling came a month after EFCC declared Ms Achimugu wanted over an alleged case of criminal conspiracy and money laundering.

Peoples Gazette had earlier reported that anti-graft agents discovered Mr Sanwo-Olu, through Ms Achimugu, allegedly piped public funds to Peter Obi of the Labour Party and Atiku Abubakar of the Peoples Democratic Party.

EFCC’s counsel, Ekele Iheanacho, while responding to Ms Achimugu’s application on Monday, told the court that a counter-affidavit was deposed by one of its investigators, Chris Odofin, detailing the reasons and circumstances leading to her invitation.

Earlier, the anti-graft agency said Ms Achimugu had initially honoured the EFCC’s invitation on February 12, 2024, during which she made a written statement and was subsequently granted administrative bail through her lawyer and surety, Darlington N. Ozurumba.

However, the commission noted she allegedly failed to report back as agreed, choosing instead to file a fundamental rights enforcement suit against the commission.

In her application, the accused explained the inflow of N8.71 billion into her corporate bank accounts as an “investment fund” for the acquisition of an oil block.

She further claimed the funds were transferred to the Federal Government’s account through her company, Oceangate Engineering Oil and Gas Limited, referencing documentation from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC.

According to the commission’s counter-affidavit, the investigation showed that Ms Achimugu’s company acquired two oil blocks, Shallow Water PPL 3007 and Deep Offshore PPL 302-DO, for  $25.3 million. The payments were allegedly made in cash via bureau de change operators, adding that the ultimate sources of the funds could not be traced to any legitimate business income or partnerships.

EFCC further noted that Ms Achimugu’s current suit is a calculated attempt to frustrate the ongoing investigation, despite a previous court decision in suit No. FHC/ABJ/CS/451/2024 dismissing her claim of fundamental rights violations.

The agency also discovered that the applicant operates one hundred and thirty-six (136) bank accounts across ten different banks in her personal and corporate names.

The case was scheduled to continue on Wednesday.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Yiaga Africa

States

Audit stolen PVCs before Osun governorship poll, Yiaga Africa tells INEC

Yiaga Africa said the disruption of PVC distribution and theft of voting materials posed a direct risk to the voting rights of affected residents in the state.

NEMA/UNICEF

States

NEMA, UNICEF strengthen emergency response in Gombe

NEMA and UNICEF strengthened emergency response through community engagement training in Gombe.

Trade Union Congress (TUC)

Economy

TUC backs private sector equity in refineries, rejects outright sale

Mr Osifo said the government should reduce its equity to 49 per cent and allow credible private investors with technical expertise to hold the remaining 51 per cent.

Africa

Obasanjo urges Africa to develop its own democracy model

He said the democratic model adopted by African countries lacked sufficient African context and often failed to meet the continent’s needs.

Trading floor

Economy

Stock market reverses gains as investors lose N1.17 trillion amid sell-offs

Market capitalisation fell by 0.73 per cent from N160.421 trillion to N159.255 trillion, while the All-Share Index (ASI) shed 1,806.18 points to close at 246,723.57.