EFCC Reveals Why Aisha Achimugu Was Declared Wanted

The Economic and Financial Crimes Commission (EFCC) has revealed why it declared businesswoman and Managing Director/CEO of Felak Concept Group, Aisha Achimugu, wanted.

In a post on its social media pages on Friday, the Commission said Achimugu is wanted for alleged criminal conspiracy and money laundering.

The post signed by EFCC’s Head of Media and Publicity, the Commission read, “The public is hereby notified that Aisha Suliaman Achimugu, whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of criminal conspiracy and money laundering.

“Achimugu, 51, is an indigene of Ofu Local Government Area of Kogi State and her last known address is: 6C, Rudolf Close, Maitama, Abuja.

“Anybody with useful information as to her whereabouts should please contact the commission in its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Lagos, Gombe, Port Harcourt or Abuja offices.”

The anti-graft agency also clarified that it has nothing to do with former Vice-President Atiku Abubakar and Babajide Sanwo-Olu, the governor of Lagos state.

The commission had earlier declared Achimugu wanted for alleged criminal conspiracy and money laundering.

In a statement on Friday night, Dele Oyewale, spokesperson of the commission, dismissed rumours that the investigation is connected with Atiku and Sanwo-Olu.

“We wish to state unequivocally that the investigations of Achimugu have no correlation of any kind with the two political actors,” the statement reads.

“She is being investigated for alleged criminal conspiracy and money laundering and has since been declared wanted by the commission.

“The EFCC commenced investigation of Achimugu in 2022, and though she approached the court to obtain an injunction restraining the Commission from arresting, investigating, inviting, or detaining her for any alleged criminal act, the injunction was challenged and vacated on Wednesday, February 19, 2025, by a federal high court sitting in Abuja.

“The court ruled that ‘…no court has the power to stop the investigative powers of the Police or EFCC or any agency established under our laws to investigate crimes when there is reasonable suspicion of commission of a crime or ample evidence of commission of an offence by a suspect’.

“The court further upheld the interim order of forfeiture of assets of Achimugu suspected to be proceeds of crime, dismissing her suit against it as lacking merit.

“The foregoing clearly establishes that the EFCC’s case against her has no immediate or remote nexus with any politician or any veiled or open reference to any political engagement or transaction.

“The EFCC is non-partisan and non-sectarian.  We enjoin the public to continue to keep faith with the professionalism of the Commission without imputing any extraneous consideration to its works.”