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Federal Court Orders Forfeiture of 48 Properties Linked to Malami
Photo: Naija News
2026-07-16 06:42   Justice   10

Federal Court Orders Forfeiture of 48 Properties Linked to Malami

The Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Attorney-General Abubakar Malami to the Federal Government.

Justice Joyce Abdulmalik ruled that the Economic and Financial Crimes Commission (EFCC) had sufficient grounds to justify the asset seizure, as Malami and his associates failed to prove the funds were legitimate.The 48 properties, valued at over ₦213.2 billion, are spread across Abuja, Kano, Kaduna, and Kebbi states.These include luxury homes, hotels, commercial buildings, and land.The court discharged interim orders on nine remaining assets.The EFCC had initially sought forfeiture of 57 properties in 2026.Malami, who served as Justice Minister from 2015-2023, is now facing legal consequences for alleged corruption.The properties listed include high-value assets like Meethaq Hotels (₦12.95 billion) and Rayhaan University (₦56 billion).This marks a significant legal victory for anti-graft agencies in Nigeria.

Full reading at Naija News

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