Malami's Properties Worth N212 Billion Forfeited by Court

Abubakar Malami (SAN), the former Attorney-General of the Federation, has been arrested by the Economic and Financial Crimes Commission (EFCC) amid allegations of massive fraud. Investigations have revealed that he is linked to 57 properties valued at N212 billion, with the Federal High Court in Abuja ordering the final forfeiture of 48 of these properties to the federal government.

Justice Joyce Abdulmalik ruled that objections from Malami, his family, and associated companies lacked merit. The public is shocked by the scale of the alleged corruption, questioning how a professional lawyer and chief law officer could amass such wealth.

Concurrently, a Federal Capital Territory High Court ordered the forfeiture of properties, jewelry, and cars worth billions linked to businesswoman Aisha Achimogu, with Justice Jude Onwugbuzie stating that she failed to prove the legitimacy of her assets. Additionally, a Federal High Court in Lagos ordered the forfeiture of 52 housing units in Lekki suspected to be proceeds of unlawful activities.