The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of 48 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), to the Federal Government.
In a statement issued on Wednesday, the anti-graft agency said the order was granted on Wednesday by Justice Joyce Abdulmalik of the Federal High Court in Abuja, who ruled that the EFCC had established that the assets were reasonably suspected to be proceeds of unlawful activities and were not acquired from legitimate sources of income.
Among the forfeited assets are Rayhaan University in Kebbi State, including its permanent, temporary and third campuses, the Vice Chancellor’s residence, and Rayhaan Radio located along the Sani Abacha Bypass in Birnin Kebbi.
Other properties forfeited include several luxury buildings and hotels in Abuja, Kano and Kebbi States, including Meethaq Hotels in Jabi and Maitama, Harmonia Hotels in Garki, commercial plazas, residential estates, warehouses, filling stations, and extensive parcels of land.
The court also ordered the forfeiture of Rayhaan Agro Allied Factory in Kebbi State, including its buildings, machinery, staff quarters, mosque and plant units. Assets at Azbir Arena, including Azbir Hotel, Printing Press, Gallery, Gardens, Mosque, Azbir Clothing, and Azbir Pharmacy and Supermarket, were equally forfeited.
