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Home » EFCC Denies Political Links in Billionaire Aisha Achimugu’s Money Laundering Probe
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EFCC Denies Political Links in Billionaire Aisha Achimugu’s Money Laundering Probe

Promise OdejidePromise OdejideMarch 29, 20252 Mins Read
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The Economic and Financial Crimes Commission (EFCC) has clarified that its ongoing investigation into billionaire businesswoman Aisha Achimugu has no connection to former Vice President Atiku Abubakar or Lagos State Governor Babajide Sanwo-Olu.

 

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In a statement issued by its Head of Media and Publicity, Dele Oyewale, the anti-graft agency emphasized that the probe is strictly based on allegations of criminal conspiracy and money laundering, with no political undertones.

 

“The EFCC wishes to state unequivocally that the investigation of Ms. Aisha Achimugu has no correlation with Atiku Abubakar, Babajide Sanwo-Olu, or any political engagement or transaction,” the statement read.

 

According to the EFCC, the probe began in 2022, well before the administration of President Bola Ahmed Tinubu. The commission noted that Achimugu had previously sought a court injunction to prevent her arrest, detention, or questioning. However, on February 19, 2025, a Federal High Court in Abuja vacated the injunction, ruling that no court has the power to halt a lawful investigation by security agencies when there is reasonable suspicion of a crime.

 

The court also upheld an interim order for the forfeiture of Achimugu’s assets, suspected to be proceeds of crime, and dismissed her lawsuit against the EFCC for lack of merit.

 

Reiterating its stance on the neutrality of the investigation, the EFCC stated: “The case against her is purely criminal and has no immediate or remote political links. The commission remains non-partisan and professional in its operations.”

 

The EFCC urged the public to disregard any insinuations of political bias and to continue trusting in the agency’s commitment to fighting financial crimes with integrity.

Source: THE NATION

Author

  • Promise Odejide
    Promise Odejide

    Promise Odejide holds a Higher National Diploma in Mass Communication from Kwara State Polytechnic. He is a seasoned communication strategist, skilled reporter, and adept copywriter, bringing a wealth of expertise to the field of journalism and media.

    View all posts

Promise Odejide

    Promise Odejide holds a Higher National Diploma in Mass Communication from Kwara State Polytechnic. He is a seasoned communication strategist, skilled reporter, and adept copywriter, bringing a wealth of expertise to the field of journalism and media.

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