On Wednesday, July 15, 2026, Justice Joyce Abdulmalik of the Federal High Court in Abuja ruled that the Economic and Financial Crimes Commission (EFCC) proved these assets were likely bought with proceeds of unlawful activities.
Malami, his family members, and companies linked to him could not show they earned the money used to buy them legally.
The forfeited properties include big items like Rayhaan University in Kebbi State (with its permanent, temporary, and third campuses plus the Vice Chancellor’s house), Rayhaan Radio Station, several hotels such as Zeennoor Hotel in Kano, Azbir Hotel, Meethaq Hotels, and Harmonia Hotels.
There are also factories, warehouses, filling stations, luxury homes in Abuja and other cities, and large pieces of land.
The EFCC had earlier gotten an interim order for 57 properties. The court made 48 of them final forfeitures today but spared nine after reviewing the claims.
These assets are said to be worth around N212 billion.
Malami faces money laundering charges in another court case.
Malami, his family members, and companies linked to him could not show they earned the money used to buy them legally.
The forfeited properties include big items like Rayhaan University in Kebbi State (with its permanent, temporary, and third campuses plus the Vice Chancellor’s house), Rayhaan Radio Station, several hotels such as Zeennoor Hotel in Kano, Azbir Hotel, Meethaq Hotels, and Harmonia Hotels.
There are also factories, warehouses, filling stations, luxury homes in Abuja and other cities, and large pieces of land.
The EFCC had earlier gotten an interim order for 57 properties. The court made 48 of them final forfeitures today but spared nine after reviewing the claims.
These assets are said to be worth around N212 billion.
Malami faces money laundering charges in another court case.
You all needed to see these properties....... wowwwwwww owned by one man
ReplyDeleteThief dey Nigerians blood
.....
Nigeria is a cursed country.
ReplyDeleteSee looting... God this people are mean
ReplyDeleteThis is madness and this is the reason why there is so much poverty in the country.
ReplyDeleteOne Person?
ReplyDeleteSo who are the seized properties going too
ReplyDeleteTo fellow looters.
DeleteThis is unprecedented level of corruption .
ReplyDeleteHmmmm. Nah wah
ReplyDeleteGod is the supreme judge .
At his time, He rewards everyone according to their deeds
True, but Nigerians need to first 'judge' their greedy corrupt leaders and public servants on earth.π
DeleteOnly for one man. There may be other properties that are hidden. No peace for all looters.
ReplyDeleteChai. Only in Africa,you become extremely rich,for holding a political position. πππ
ReplyDeleteSee the people causing poverty in Nigeriaππππππππ
ReplyDeleteOnly one man ,his wife and children all these properties.
ReplyDeleteO ga ooooooo π
ReplyDeleteMinister of Injustice see them π
ReplyDelete