Alleged Money Laundering: Court orders final forfeiture of Malami's 48 properties

Author: Ikechukwu NnochiriPublished on: July 15, 2026Country: Nigeria
Crime & Law
Alleged Money Laundering: Court orders final forfeiture of Malami's 48 properties

The Federal High Court in Abuja ordered the final forfeiture of 48 properties linked to former Attorney General Abubakar Malami, who is facing money laundering charges. Justice Joyce Abdulmalik ruled that Malami failed to rebut suspicions that the properties were acquired with proceeds of crime. The EFCC had sought forfeiture of 57 properties but the court excluded nine due to insufficient evidence. Malami faces 16 counts of money laundering involving about 9 billion naira.

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