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Abuja realtor faces charges over alleged N500m land fraud and money laundering
Photo: Premium Times Nigeria
2026-07-24 18:20   Justice   10

Abuja realtor faces charges over alleged N500m land fraud and money laundering

The Economic and Financial Crimes Commission (EFCC) has arraigned a prominent Abuja realtor, Bilikisu Ishaku Aliyu, on charges of orchestrating a N500m land fraud scheme.The case involves forged documents, including fake powers of attorney, used to sell disputed properties in Guzape and Katampe districts.A 79-year-old widow, Mrs.Yesufu, is one of the alleged victims who lost her property after purchasing plots from the accused.The court granted the defendants bail of N10 million each and ordered the confiscation of their travel documents.The trial was adjourned until 26 October.

The EFCC alleges that the realtor and her associates laundered proceeds through company accounts, while her lawyers claim the commission's actions disrupted her safety and health.The case highlights ongoing challenges in property fraud cases and the legal battles between authorities and accused individuals.

Full reading at Premium Times Nigeria

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