EFCC Dismisses Allegations Linking Atiku, Sanwo-Olu to Ongoing Money Laundering Probe
The Economic and Financial Crimes Commission (EFCC) has refuted media reports suggesting that its ongoing investigation into a high-profile money laundering case has any ties to former Vice President Atiku Abubakar or Lagos State Governor Babajide Sanwo-Olu.
In a strongly worded statement issued on Friday, the anti-graft agency emphasized that its probe remains strictly within the boundaries of criminal investigations and has no political dimensions.
The controversy arose following the EFCC’s declaration that Aisha Achimugu, the Managing Director/CEO of Felak Concept Group, is wanted for alleged conspiracy and money laundering. This development fueled speculation that the case might be linked to influential political figures. However, the Commission has categorically denied any political connections.
Legal Battle and Court Rulings
According to the EFCC, its investigation into Achimugu’s alleged activities commenced in 2022. The suspect had previously sought legal protection to prevent her arrest and prosecution, but the Federal High Court in Abuja overturned the injunction on February 19, 2025. The court upheld the EFCC’s authority to investigate any individual suspected of financial crimes.
Additionally, the court granted an interim forfeiture order on Achimugu’s assets, which the Commission claims were acquired through illicit financial activities. The suspect’s legal challenge to the ruling was dismissed as lacking merit, further strengthening the EFCC’s position.
EFCC’s Stance on Political Neutrality
In response to claims that the investigation is politically motivated, the EFCC reiterated its commitment to impartiality in fighting corruption.
“The EFCC’s case has no connection, direct or indirect, with any politician or political transaction. The Commission remains non-partisan and committed to its mandate of fighting corruption,” the statement read.
The agency has urged the public to ignore any politically motivated narratives and to support its efforts in tackling economic and financial crimes in Nigeria.
Wanted Notice for Aisha Achimugu
In a post on its official social media platforms, the EFCC formally declared Aisha Achimugu wanted for alleged criminal conspiracy and money laundering.
According to the notice, Achimugu, 51, hails from Ofu Local Government Area of Kogi State, with her last known residence listed as 6C, Rudolf Close, Maitama, Abuja.
The EFCC has called on anyone with useful information regarding her whereabouts to contact any of its offices in Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Lagos, Gombe, Port Harcourt, or Abuja.
As the investigation unfolds, the EFCC maintains that its primary focus remains on addressing financial crimes without political interference. However, the high-profile nature of the case ensures that public scrutiny will remain intense in the coming weeks.
Reference
EFCC Dismisses Allegations Linking Atiku, Sanwo-Olu to Ongoing Money Laundering Probe