₦airaland Forum

The Economic and Financial Crimes Commission (EFCC) has traced 41 properties to Abubakar Malami, the former attorney-general of the federation and minister of justice.

TheCable understands that the properties — hotels, residential buildings, lands, schools, and a printing press — are scattered across Kebbi, Kano and the Federal Capital Territory (FCT).

The properties in Kebbi state are valued at N162,195,950,000, while the assets in Kano state are said to be worth N16,011,800,000, and the value of the FCT properties was put at N34,685,000,000.

The federal government has also filed a 16-count charge bordering on money laundering against the former minister and his son, Abdulaziz Malami.

Father and son are accused of committing offences contrary to Sections 15, 18 and 21 of the Money Laundering (Prevention and Prohibition) Act.

TheCable has obtained the full list of the properties linked to Malami.

See below.


FULL LIST: EFCC traces 41 properties worth N212bn to Malami

Abubakar Malami, former attorney-general of the federation (AGF) and minister of justice
Abubakar Malami.

The Economic and Financial Crimes Commission (EFCC) has traced 41 properties to Abubakar Malami, the former attorney-general of the federation and minister of justice.

TheCable understands that the properties — hotels, residential buildings, lands, schools, and a printing press — are scattered across Kebbi, Kano and the Federal Capital Territory (FCT).

The properties in Kebbi state are valued at N162,195,950,000, while the assets in Kano state are said to be worth N16,011,800,000, and the value of the FCT properties was put at N34,685,000,000.

The federal government has also filed a 16-count charge bordering on money laundering against the former minister and his son, Abdulaziz Malami.

Father and son are accused of committing offences contrary to Sections 15, 18 and 21 of the Money Laundering (Prevention and Prohibition) Act.

TheCable has obtained the full list of the properties linked to Malami.

See below.


Kebbi State Properties
Total valuation: N162,195,950,000.00

Rayhaan University and Education
Rayhaan University Permanent Site: N56,000,000,000.00

Rayhaan University Temporary Site: N37,800,000,000.00

Rayhaan University Third Site: N2,450,000,000.00


Rayhaan University Vice Chancellor House: N490,000,000.00

Rayhaan Model Academy: N11,200,000,000.00

Rayhaan Primary and Secondary School: N8,750,000,000.00

Rayhaan Agro Allied Factory & Commercial
Factory Buildings: N4,200,000,000.0

Factory Machines and Plants Units: N10,500,000,000.00

Factory Mosque: N2,450,000,000.00


Rayhaan Mill Staff Quarters (10 units): N1,487,500,000.00

Rayhaan Bustan Building: N3,150,000,000.00


Printing Press: N1,050,000,000.00

Al-Afiya Energy Tanker Garage: N2,450,000,000.00


Amasdul Oil and Gas Ltd Structure: N1,050,000,000.00

Rayhaan Radio: N78,750,000.00

Azbir Brand Properties
Azbir Hotel: N10,325,000,000.00

Gallery: N581,000,000.00

Gardens: N392,000,000.00

Mosque: N252,000,000.00

Azbir Clothing: N350,000,000.00

Azbir Pharmacy and Supermarket: N175,000,000.00

Residential and Foundations
Malami House GRA: N350,000,000.00

Malami House Behind Mobil: N490,000,000.00

Malami Residence Behind Cemetery: N350,000,000.00

Abdulaziz (First Son House): N1,659,000,000.00

Ahbiru (Second Son House): N2,989,000,000.00

Malami Support Organization Building ADC: N210,000,000.00

Kadi Malami Foundation Building: N56,000,000.00

Rayhaan Security House: N245,700,000.00

Uncompleted 3 Storey Complex: N665,000,000.00

christejames:
When are they tracing the source and worth of Tinupoo properties?

NgeneUkwenu:
I have never seen this level of greed before.

fuckingAyaya:
THE WHOLE OF LAGOS. After the ex military dictator " MARADONA" na him follow when it comes to notorious looting without mercy. All of them are thieves. No country can survive the level of corruption this country has faced without collapsing.

Putindbutt:
The whole of Lagos?. When it suits you, you say Tinubu owns half of Lagos or the whole Lagos , in another vein, you say Ibos has bought half of Lagos. Why can't you guys pick a hustle and stay one place and stop confusion thunder. You keep changing the narrative like a chameleon changing its colour.

fuckingAyaya:
you must be a joke then . If only the SP. tender his own u must cry blood, 750billi state treasury was looted dried NDDC 500billi was looted dried now he's the Sp. Budget paddy running into billis na water then if Bulaba now tenders his own u fit convulse. Col. In the military dey lap 7billi for Aza you are talking about greed

Orlandoo:
Just a charge and bail lawyer in the street of Kebbi, before Buhari made him an attorney general of the federation, even though he doesn't deserve it. But today, Malami is one of the richest person in Nigeria. Just to tell you the level of rot that happened under the discredited and disgraced Buhari regime. I wonder why they haven't arrested the former recharge card seller Tunde Sabiu or whatever.

fuckingAyaya:
why would a company own by an individual be collecting revenue from a state, why? They are introducing same template in the whole federation using France as proxy. How much does he want to stash before departing this world ?

NgeneUkwenu:
I have never seen this level of greed before.

NgeneUkwenu:
I have never seen this level of greed before.

keymatt:
Was it not the minister serving under so call Mr integrity The buhari whom you supported for 8 years and let the regime of the most CORRUPT REGIME ever in the history of Nigeria

Dyfynezz12:
This is a country that wants us to be paying tax.
So the elite will embezzle nd make themselves rich.

Make 2026 reach first