Oceangate Engineering Oil and Gas Ltd
Tracked across 2 events · 15 articles · First seen Mar 25, 2026 · Last active May 28, 2026
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Regulatory
Impact: Oceangate Engineering Oil and Gas Ltd is the company whose $13 million was ordered to be finally forfeited to the Federal Government of Nigeria. The court found that the company failed to establish the legitimate source of the funds, which were used to acquire oil blocks.
Mar 25, 2026 · 7 articles
Regulatory
Impact: Oceangate Engineering Oil and Gas Ltd, founded by Aisha Achimugu, is implicated in the money laundering allegations, with a federal high court ordering the forfeiture of $13 million linked to the company. The company is appealing this decision.
Apr 28, 2026 · 8 articles
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