See The 48 Properties Linked To Malami Finally Forfeited To FG

According to Ireporter Online, Justice Joyce Abdulmalik delivered the judgment on Wednesday, ruling that the Economic and Financial Crimes Commission (EFCC) had established sufficient grounds to justify the forfeiture of the assets.

The court held that Malami, his family members and companies associated with the properties failed to provide convincing evidence to disprove the EFCC’s claim that the assets were acquired through proceeds suspected to be from unlawful activities.

Justice Abdulmalik noted that the major issue before the court was not the ownership of the properties but whether the funds used in acquiring them were legitimately sourced.

Following the ruling, the court approved the final forfeiture of 48 properties to the Federal Government while lifting the interim forfeiture order on nine other assets.

The EFCC had earlier secured an interim forfeiture order in January 2026 covering 57 properties allegedly linked to the former minister in a suit marked FHC/ABJ/CS/20/2026.

At the time, the anti-graft agency disclosed that the properties were worth about ₦213.2 billion and were located across the Federal Capital Territory, Kebbi, Kano and Kaduna states.

According to the commission, the assets included luxury residential buildings, hotels, schools, factories, commercial properties and other investments.

Malami served as Nigeria’s Attorney-General of the Federation and Minister of Justice between 2015 and 2023 during the administration of former President Muhammadu Buhari.

Among the forfeited assets are a luxury duplex on Amazon Street, Maitama, Abuja, valued at about ₦5.95 billion; a five-storey hotel building in Jabi District, Abuja, currently operating as Meethaq Hotels Limited, valued at ₦8.4 billion; and another Meethaq Hotels property on Rhine Street, Maitama, Abuja, with an estimated value of ₦12.95 billion.

Other Abuja properties forfeited include buildings in Asokoro, Garki, Wuse II, Gwarinpa, Apo Legislative Quarters and Karsana District, alongside commercial shops, warehouses and other investments.

In Kebbi State, several major assets were affected, including properties belonging to Khadimiyya for Justice and Development Initiative, Rayhaan University, Rayhaan Agro Allied Factory, Azbir Arena, Rayhaan Model Academy, Rayhaan Primary and Secondary School, and other commercial establishments.

The forfeited Kebbi assets include Rayhaan University sites valued at billions of naira, factory facilities and equipment, hotel and hospitality businesses, educational institutions, energy-related properties, residential buildings and foundation offices.

Properties in Kano State affected by the ruling include Zeennoor Hotel in Kabuga Satellite Town, valued at about ₦11.2 billion, Zeennoor Mosque, Zeennoor Old Hotel Building, Rayhaan Hotel opposite Aminu Kano Teaching Hospital, and Rayhaan Gym.

The court’s decision marks a major victory for the EFCC in its asset recovery efforts as the Federal Government takes control of the forfeited properties pending further administrative processes.