EFCC Marks Malami’s Properties Under Investigation

Security operatives from the Economic and Financial Crimes Commission (EFCC), have marked the alleged properties of former attorney-general of the Federation, Abubakar Malami, which are currently under investigation.

Some properties linked to Malami that are currently under investigation in the FCT include: Duplex at Amazon Street, Maitama: N5,950,000,000.00; Meethaq Hotel (Jabi Branch): N8,400,000,000.00; Meethaq Hotel (Maitama Branch): N12,950,000,000.00; 42 Units of Bungalow at Efab Estate: N385,000,000.00; Harmonia Hotels, Area 11 Garki: N7,000,000,000.00.

Other properties are Rayhaan University and Education
Rayhaan University Permanent Site: N56,000,000,000.00; Rayhaan University Temporary Site: N37,800,000,000.00; Rayhaan University Third Site: N2,450,000,000.00; Rayhaan University Vice Chancellor House: N490,000,000.00; Rayhaan Model Academy: N11,200,000,000.00; Rayhaan Primary and Secondary School: N8,750,000,000.00; Rayhaan Agro Allied Factory & Commercial
Factory Buildings: N4,200,000,000.00

Others are Factory Machines and Plants Units: N10,500,000,000.00; Factory Mosque: N2,450,000,000.00; Rayhaan Mill Staff Quarters (10 units): N1,487,500,000.00; Rayhaan Bustan Building: N3,150,000,000.00; Printing Press: N1,050,000,000.00; Al-Afiya Energy Tanker Garage: N2,450,000,000.00; Amasdul Oil and Gas Ltd Structure: N1,050,000,000.00; Rayhaan Radio: N78,750,000.00.

In Kano, properties linked to him also include: Zeennoor Hotel: N11,200,000,000.00; Zeennoor Mosque: N84,000,000.00; Zeennoor Old Hotel Building: N280,000,000.00; Rayhaan Hotel Kano: N2,240,000,000.00; Rayhaan Gym Kano: N1,225,000,000.00

An EFCC source who spoke to LEADERSHIP confirmed that the EFCC obtained a court order due to ongoing investigation and has gone ahead to mark the properties under investigation so that people will know and keep off.

The former attorney-general, who has been in detention over alleged money laundering, was recently granted bail alongside his wife and son.

Former vice-president Atiku Abubakar, had visited him at his residence and hours after Atiku left, Malami was seen in a viral video asking why his house is been marked.

In the video, Malami, who was still dressed in the same attire in which he received Atiku was heard saying, “Where’s the court order you have to mark my property? Are you trying to embarrass me or what?”