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EFCC Seeks Final Forfeiture of ₦213.2bn Assets Linked to Malami

The EFCC has approached the Federal High Court in Abuja seeking the final forfeiture of 57 properties linked to former Attorney General Abubakar Malami.

This follows an interim order granted in January 2026, which temporarily seized the assets for the Federal Government.

Valued at approximately ₦213.2 billion, the assets are located in Abuja, Kebbi, Kano, and Kaduna. The list includes hotels, schools, and filling stations, which the EFCC claims are proceeds of unlawful activities during Malami’s tenure.

EFCC lawyers argued that Malami failed to provide a valid legal defense within the required timeframe to stop the seizure. They maintain that the court should now permanently order forfeiture of the assets as the respondents could not justify their acquisition.

Malami’s legal team countered that his wealth was legitimately earned and fully declared to the Code of Conduct Bureau. He accused the commission of suppressing evidence and claimed many properties were inherited or bought via legal business income.

The case has been marked by tension, including a viral confrontation between Malami and EFCC officials marking his Abuja properties. Malami has characterized the commission’s actions as political intimidation and a misinterpretation of existing court orders.

Justice Joyce Abdulmalik will determine the final fate of these multi-billion naira assets. The upcoming ruling will decide if the properties are permanently surrendered to the state or returned to the former minister and his associates.

Eniola Odetoye

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