/ Apr 28, 2026

EFCC raid: Only $50,000 and N13m found in my house, not $13m — Achimugu

The EFCC raid on the residence of businesswoman Aisha Achimugu has come under public scrutiny after she disputed claims that $13 million was recovered, insisting that only $50,000 and N13 million were found during the operation.

The Economic and Financial Crimes Commission (EFCC) has been investigating allegations linked to financial transactions involving Aisha Achimugu. The case forms part of broader enforcement actions targeting suspected financial misconduct, including alleged money laundering and related offences.

The commission had previously declared her wanted, prompting enforcement steps that included a search of her residence. The operation has since generated public attention due to conflicting reports about the amount of cash allegedly recovered.

Reacting to reports about the EFCC raid, Achimugu clarified during an interview on Channels Television that the figures circulating in the media were inaccurate. She stated: “My house was raided, yes, but only $50,000 and N13 million naira belonging to my mom was found in my house, and then again, my personal belonging.”

She rejected claims that $13 million was discovered during the operation, saying such an amount would not have been kept at her residence. Achimugu further noted that the matter is currently before the court, adding that she is confident the judicial process will establish the facts surrounding the investigation.

According to earlier EFCC-related reports, the investigation is linked to alleged financial dealings involving oil block transactions and Bureau de Change operators. However, the businesswoman maintains that the narrative surrounding the alleged $13 million recovery is incorrect. She reiterated that the EFCC raid resulted in the recovery of only $50,000 and N13 million, which she said has been misrepresented in public reports.

The EFCC raid controversy highlights ongoing concerns around accuracy in public reporting of enforcement actions, especially in high-profile financial investigations.

It also underscores the importance of judicial processes in resolving disputes over evidence and allegations, particularly in cases already before the courts. The outcome of the legal proceedings is expected to provide clarity on the disputed figures and the broader allegations under investigation.

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