Justice Jude Onwugbuzie of the Apo High Court granted the order on Thursday after ruling on an application filed by the Economic and Financial Crimes Commission (EFCC).
The forfeited assets include jewellery valued at N4.645 billion, 11 exotic vehicles worth N4.293 billion, $50,000 in cash, and N30 million.
The EFCC had asked the court to permanently forfeit the assets, which were previously the subject of legal proceedings involving Achimugu.
Justice Onwugbuzie granted the application, ordering that the properties and cash be permanently forfeited to the Federal Government.
The judgment, delivered on Thursday, marked the conclusion of the forfeiture proceedings initiated by the anti-graft agency.
The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has vowed to ensure…
About 600 workers on Section 3B of the Lagos-Calabar Coastal Highway project in Cross River…
The Trade Union Congress of Nigeria (TUC) has rejected the Federal Government’s proposed N70,000 wage…
A university don, Prof. Oluwafemi Oyetunde Adeleke, has warned surveyors against falling behind in the…
Kwara State Governor, AbdulRahman AbdulRazaq, has promised to provide pensioners in the state with a…
The Nigerian Education Loan Fund (NELFUND) has commenced a pilot of a tokenised payment system…