EFCC Drags Ex-AG Malami and Son to Court Over ₦212.8 Billion Property Scam

The Economic and Financial Crimes Commission (EFCC) has charged ex-Attorney General Malami and his son with a ₦212.8 billion property scam, accusing them of money laundering. Malami is facing 16 counts under the Money Laundering Prohibition Act of 2011, allegedly involving the acquisition of properties worth billions during his tenure.

The EFCC has invoked the non-convict asset forfeiture clause to seize the properties. The trial is scheduled to begin in Abuja, with a team of 14 lawyers prosecuting the case.

Malami is accused of laundering funds through companies like Rahamaniyya Properties Limited and Metropolitan Auto Tech Limited.