FULL LIST: Court orders forfeiture of 48 properties linked to ex-AGF Malami

The federal high court in Abuja has ordered the final forfeiture of 48 out of 57 properties worth N212 billion linked to Abubakar Malami, former attorney-general of the federation (AGF) and minister of justice.

Joyce Abdulmalik, the presiding judge, granted the final forfeiture application filed by the Economic and Financial Crimes Commission (EFCC) and dismissed objections filed by Malami, members of his family and several companies claiming ownership of the assets.

The judge held that the issue before the court was not ownership of the properties but the legitimacy of the funds used to acquire them.

“The issue before the court is not who owns the property, but how legitimate are the funds used to acquire the properties,” Abdulmalik held.

The properties span Abuja, Kebbi, Kano and Kaduna and include luxury hotels, duplexes, residential estates, shopping plazas, warehouses, schools, university facilities and industrial complexes.

The court also dismissed the objections filed by Malami and other claimants, holding that they lacked merit.

Below is the full list of the 57 properties initially covered by the EFCC’s interim forfeiture order. The court ruled that 48 of the assets be finally forfeited to the federal government.

1. Luxury Duplex at Amazon Street, Plot No. 3011, Cadastral Zone A06, Maitama, Abuja — purchased in December 2022 for N500 million (current value: N5.95 billion).
2. Two-winged storey building at No. 3 Onitsha Crescent, Area 11, Garki, Abuja (formerly Harmonia Hotels Limited) — N7 billion.
3. Plot 683, Jabi District, Abuja (Meethaq Hotels Ltd., 53 rooms) — purchased at carcass stage for N850 million with an additional N300 million; current value N8.4 billion.
4. Property No. 3130, Asokoro District, Abuja (terraces) — N360 million.
5. Meethaq Hotels, No. 3 Rhine Street, Maitama, Abuja (15 rooms) — purchased for N430 million; current value N12.95 billion.
6. Plot No. 1241B, Asokoro District (11A Yakubu Gowon Crescent), Abuja — N325 million.
7. Shop No. C82, Citiscape-Shariff Plaza, Wuse II, Abuja — N120 million.
8. No. 4 Ahmadu Bello Way, Nasarawa GRA, Kano — N300 million.
9. Plot 157, Lamido Crescent, Nasarawa GRA, Kano.
10. Plaza, warehouses, commercial facilities adjacent to Birnin Kebbi Market — N100 million.
11. 100 hectares of land along Birnin Kebbi-Jega Road — N100 million.
12. Four-bedroom bungalow, Gesse Phase, Birnin Kebbi — N101 million.
13. Shops A36 and B3, Vegas Mall, Wuse II, Abuja — N158 million.
14. No. 26 Babbi Drive, Bua Estate, Abuja — N136 million.
15. No. 27 Efab Estate, Gwarimpa, Abuja — N120 million.
16. Four-bedroom bungalow with boys’ quarters, Abakpa GRA, Kaduna — N40 million.
17. Plot No. 13, Ipent 7 Estate, Karsana, Abuja — N85 million.
18. Duplex with boys’ quarters, No. 12 Yalinga Street, Wuse II, Abuja — N150 million.
19. Warehouse shops B40 and B46, Wuse Market, Abuja — N50 million.
20. Twin houses at Apo Legislative Quarters, Abuja — N250 million.

21–23. Nine three-bedroom bungalows, three two-bedroom bungalows and 5.4 hectares of land at Academic Garden City, Birnin Kebbi — N187 million.

RAYHAAN UNIVERSITY, KEBBI

24. Permanent site — N56 billion
25. Temporary site — N37.8 billion
26. Third site — N2.45 billion
27. Vice-Chancellor’s Lodge — N490 million

RAYHAAN AGRO ALLIED FACTORY

28. Factory buildings — N4.2 billion
29. Factory machinery and plant — N10.5 billion
30. Factory mosque — N2.45 billion
31. Staff quarters — N1.487 billion
32. Bustan building — N3.15 billion

AZBIR ARENA

33. Azbir Hotel — N10.325 billion
34. Printing press — N1.05 billion
35. Gallery — N581 million
36. Gardens — N392 million
37. Mosque — N252 million
38. Azbir Clothing — N350 million
39. Azbir Pharmacy and Supermarket — N175 million

OTHER KEBBI ASSETS

40. Al-Afiya Energy Tanker Garage — N2.45 billion
41. Rayhaan Model Academy — N11.2 billion
42. Rayhaan Primary and Secondary School — N8.75 billion
43. Rayhaan Security House — N245.7 million
44. Rayhaan Radio — N78.75 million
45. Uncompleted two-storey plaza opposite Central Motor Park, Birnin Kebbi — N665 million
46. Amasdul Oil and Gas filling station structure — N1.05 billion
47. Malami Support Organisation building — N210 million
48. ADC Kadi Malami Foundation building — N56 million
49. Abubakar Malami’s residence, GRA, Birnin Kebbi — N350 million
50. Abubakar Malami’s residence behind Mobil, Birnin Kebbi — N490 million
51. Abdulaziz Malami’s residence, Gesse Phase II — N1.659 billion
52. Abiru-Rahman Abubakar Malami’s residence, Gesse Phase II — N2.989 billion

KANO ASSETS

53. Zeennoor Hotel, Kabuga Satellite Town (131 rooms) — N11.2 billion
54. Zeennoor Mosque — N84 million
55. Zeennoor Old Hotel Building — N280 million
56. Rayhaan Hotel opposite Aminu Kano Teaching Hospital (over 50 rooms) — N2.24 billion
57. Rayhaan Gym opposite Rayhaan Hotel — N1.225 billion

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