Achimugu

Foremost energy firm, Oceangate Engineering Oil & Gas Limited, has rejected the implications of a recent Federal High Court ruling, ordering the forfeiture of its assets, maintaining that the decision did not establish any wrongdoing against the company or its leadership.

The post Achimugu: Oceangate to appeal $13m asset forfeiture order appeared first on Vanguard News.

The Federal High Court sitting in Abuja, on Wednesday, ordered final forfeiture of the sum of $13 million that was linked to a Lagos socialite, Ms Aisha Achimugu and her company, Oceangate Engineering Oil & Gas Limited.

The post Alleged Fraud: Court orders forfeiture of $13m traced to Lagos socialite, Achimugu appeared first on Vanguard News.