Nigeria, March 27 -- Oceangate Engineering Oil & Gas Limited, a company belonging to socialite and businesswoman Aisha Achimugu, has said it will appeal the judgement of the Federal High Court in Abuja ordering the forfeiture of the $13 million it paid to acquire two Nigerian oil blocks.

Judge Emeka Nwite issued an order of final forfeiture of the money to the federal government in a judgement on Wednesday, ruling that the money was not earned legitimately by the company.

The ruling was based on an application by the Economic and Financial Crimes Commission (EFCC), which said its investigations revealed the money to be proceeds of unlawful activities of the company.

The money, according to the EFCC, included funds illegitimately obtain...