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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Crime & Justice

Full list of 48 Malami-linked property forfeited to FG

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • A Nigerian court ordered the final forfeiture of 48 properties linked to former Attorney-General Abubakar Malami to the Federal Government.
  • The Economic and Financial Crimes Commission (EFCC) established reasonable suspicion that the properties were acquired with proceeds of unlawful activities.
  • The forfeited properties, valued at approximately N213.2 billion, include hotels, residential buildings, commercial plazas, and land across several states.

A Federal High Court in Abuja has ordered the final forfeiture of 48 properties connected to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), to the Nigerian Federal Government.

the Economic and Financial Crimes Commission had established the reasonable suspicion required under the law to justify the forfeiture.

โ€” Justice Joyce AbdulmalikStating the legal basis for the property forfeiture.

Justice Joyce Abdulmalik delivered the judgment on Wednesday, stating that the Economic and Financial Crimes Commission (EFCC) had successfully established the reasonable suspicion required by law to justify the forfeiture. The court found that Malami, his family members, and associated companies failed to disprove the EFCC's allegations that the properties were acquired using proceeds from unlawful activities.

The court's ruling focused on the legitimacy of the funds used for acquisition, rather than solely on ownership. Consequently, 48 properties were ordered forfeited, while the interim forfeiture order for the remaining nine assets was discharged.

Malami, members of his family and companies linked to the assets failed to dislodge the EFCCโ€™s allegation that the properties were acquired with proceeds of unlawful activities.

โ€” Justice Joyce AbdulmalikExplaining why the properties were forfeited.

Earlier, in January 2026, the EFCC had obtained an interim forfeiture order from Justice Emeka Nwite of the Federal High Court in Abuja. At that time, EFCC spokesman Dele Oyewale stated the properties were valued at approximately N213.2 billion. The assets span the Federal Capital Territory, Kebbi, Kano, and Kaduna states. They include a diverse range of properties such as hotels, residential buildings, commercial plazas, schools, factories, a university, filling stations, warehouses, and large parcels of land.

the properties are valued at about N213.2 billion.

โ€” Dele OyewaleProviding the estimated value of the forfeited properties.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.