JUST IN: Court orders interim forfeiture of 57 properties linked to Malami

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A federal high court in Abuja has ordered the interim forfeiture of 57 properties suspected to be linked to Abubakar Malami, former Attorney-General of the Federation and Minister of Justice.

The properties, valued at several billions of naira, are believed to be proceeds of unlawful activities.

Justice Emeka Nwite granted the order after the Economic and Financial Crimes Commission (EFCC) filed an ex parte application, claiming the assets were acquired with suspicious funds.

The anti-graft agency has traced 41 high-value properties to Malami, including universities, hotels, and residential buildings in Kebbi, Kano, and Abuja, worth approximately ₦212.9 billion.

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Malami, his wife, and son are facing a ₦8.7 billion money laundering charge.

 

 

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