FULL LIST: EFCC ‘traces 41 properties worth N212bn to Malami’

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

 

 

According to TheCable, 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.

 

 

 

Below is the full list of the properties allegedly linked to Malami obtained by the publication.

 

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: N4,200,000,000.00

 

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

 

Kano State Properties

 

Total valuation: N16,011,800,000.00

 

Zeennoor Hotel: N11,200,000,000.00

 

Zeennoor Mosque: N84,000,000.00

 

Zeennoor Old Hotel Building: N280,000,000.00

 

Rayhaan Hotel Kano: N2,240,000,000.00

 

Rayhaan Gym Kano: N1,225,000,000.00

 

Wife’s House (Ahmadu Bello Way, Kano): N982,800,000.00

 

FCT Abuja Properties

 

Total valuation: N34,685,000,000.00

 

Duplex at Amazon Street, Maitama: N5,950,000,000.00

 

Meethaq Hotel (Jabi Branch): N8,400,000,000.00

 

Meethaq Hotel (Maitama Branch): N12,950,000,000.00

 

42 Units of Bungalow at Efab Estate: N385,000,000.00

 

Harmonia Hotels, Area 11 Garki: N7,000,000,000.00

 

Grand total valuation: N212,892,750,000

 

Related Posts

INEC Unveils 2027 Governorship Candidates: Full List of 36 States Released

The Independent National Electoral Commission on Saturday released the names and particulars of governorship candidates and their running mates across the country. The publication, contained in Form EC9, was pasted…

“This Is Becoming Childish”: Joe Igbokwe Blasts Atiku Over NYSC Certificate Demand

        A chieftain of the All Progressives Congress, APC, Joe Igbokwe, has condemned the move by the presidential candidate of the 2027 African Democratic Congress, ADC, Atiku…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

INEC Unveils 2027 Governorship Candidates: Full List of 36 States Released

INEC Unveils 2027 Governorship Candidates: Full List of 36 States Released

“This Is Becoming Childish”: Joe Igbokwe Blasts Atiku Over NYSC Certificate Demand

“This Is Becoming Childish”: Joe Igbokwe Blasts Atiku Over NYSC Certificate Demand

US-Nigeria Joint Working Group Convenes in Washington to Address Security and Humanitarian Concerns

US-Nigeria Joint Working Group Convenes in Washington to Address Security and Humanitarian Concerns

Behind the Beef: Seyi Vibez Claims He Built Dapper Music’s Career from Scratch

Behind the Beef: Seyi Vibez Claims He Built Dapper Music’s Career from Scratch

Shallipopi Accuses Dapper Music of Withholding Royalties from 46 Songs and Selling His Catalogue

Shallipopi Accuses Dapper Music of Withholding Royalties from 46 Songs and Selling His Catalogue

Osun Governorship Poll: Police Restrict All Vehicular and Pedestrian Movement from Friday Midnight

Osun Governorship Poll: Police Restrict All Vehicular and Pedestrian Movement from Friday Midnight