EFCC Probe: Aisha Achimugu Defends Oil Bloc Acquisition, Denies $13m Claim, Confirms $50,000 Found

Achimugu made this known on Monday while responding to questions during an appearance on Channels Television’s Politics Today.

Earlier reports indicated that Achimugu had rejected claims that $13 million was recovered from her residence, clarifying instead that only $50,000 and N13 million were discovered during a raid on her home.

She explained that her firm took part in both the deep offshore bid round held between 2022 and 2023 and a separate mini bid round conducted between 2023 and 2024. According to information obtained by PulseNets, the processes were open and competitive.

Achimugu stated that her company, which operates within the oil and gas sector, satisfied all stipulated criteria and was ultimately successful. PulseNets learnt that her remarks come at a time when scrutiny around her activities has intensified.

The Economic and Financial Crimes Commission (EFCC) had earlier declared her wanted over allegations bordering on criminal conspiracy and money laundering. The agency also carried out a search operation at her residence as part of its ongoing investigation, with conflicting reports emerging regarding the exact sum recovered.

She said: “There are two bid processes that were at the deep offshore bid round that happened between 2022 and 2023 and there’s another mini bid round that also happened between 2023 and 2024.

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“We participated in this process. Like, you know, we are operating oil and gas company, because we have all the assets that we’re dealing with, and because I’m very audacious and ambitious, I have the team to put to it.

“We went through that process, and by the grace of God, we won the process. Very transparently. It was a public process. It wasn’t selected.”