Complete List: EFCC Traces Over ₦212bn in Properties to Ex-AGF Malami
Abuja, Nigeria – December 24, 2025
The Economic and Financial Crimes Commission (EFCC) has uncovered a sprawling portfolio of 41 properties across Nigeria allegedly linked to Abubakar Malami (SAN), the immediate past Attorney-General of the Federation and Minister of Justice.
The combined estimated value of the traced assets is a staggering N212,892,750,000 (about ₦212.9 billion), according to documents obtained by Peoples Chronicles.
The EFCC’s tracing of these high-value assets comes amid the filing of a 16-count money-laundering charge against Malami and his son, Abdulaziz Malami, at the Federal High Court in Abuja.
The allegations relate to offences under the Money Laundering (Prevention and Prohibition) Act, marking a major escalation in legal challenges facing the former minister.
Apart from the overwhelming magnitude of funds looted, Malami is accused by Nigerians of weaponising the law during his time as the Attorney General of the Federation (AGF)/Minister of Justice to perpetrate grave abuses, most notably the abduction and extraordinary rendition of Mazi Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), from Kenya.
Following eight days of torture and illegal rendition, Malami compelled Kanu to appear before a Nigerian court without any legal representation, while deliberately withholding information from his lawyers.
The minister publicly asserted that the rendition was lawful and carried out in collaboration with Interpol, a narrative explicitly and unequivocally repudiated by Interpol itself.
Critics maintain that Malami went on to supervise Kanu’s continued prosecution in open defiance of established principles of international law, repeatedly disregarding binding court judgments that ordered his release, thereby entrenching what many describe as a sustained assault on due process and judicial integrity.
The detailed asset list uncovered reveals a diversified real estate footprint spanning educational institutions, hospitality assets, factories, residential estates, and commercial properties across Kebbi State, Kano State and the Federal Capital Territory (FCT).
Leading the portfolio are extensive holdings in Kebbi, anchored by Rayhaan University sites, including permanent, temporary and expansion campuses, collectively valued at over one hundred and sixty-two billion naira (N162 Billion).
Kebbi State Properties, valued at N162,195,950,000.00
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 Model Academy: N11,200,000,000.00
Rayhaan Primary and Secondary School: N8,750,000,000.00
Rayhaan University Vice Chancellor House: N490,000,000.00
Rayhaan Agro Allied Factory & Commercial
Factory Buildings: N4,200,000,000.00
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
Amasdul Oil and Gas Ltd Structure: N1,050,000,000.00
Rayhaan Radio: N78,750,000.00
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
Azbir Brand Properties
Azbir Hotel: N10,325,000,000.00
Gallery: N581,000,000.00
Gardens: N392,000,000.00
Mosque: N252,000,000.00
Azbir Clothing: N350,000,000.00
Azbir Pharmacy and Supermarket: N175,000,000.00
Residential and Foundations
Malami House GRA: N350,000,000.00
Malami House Behind Mobil: N490,000,000.00
Malami Residence Behind Cemetery: N350,000,000.00
Abdulaziz (First Son House): N1,659,000,000.00
Ahbiru (Second Son House): N2,989,000,000.00
Malami Support Organization Building ADC: N210,000,000.00
Kadi Malami Foundation Building: N56,000,000.00
Rayhaan Security House: N245,700,000.00
Uncompleted 3 Storey Complex: N665,000,000.00
Kano State Properties Valued at N16,011,800,000.00
In Kano, the EFCC lists luxury hospitality assets such as
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
One of the Wives House (Ahmadu Bello Way, Kano): N982,800,000.00
FCT Abuja Properties Valued at: N34,685,000,000.00
Meethaq Hotel (Maitama Branch): N12,950,000,000.00
Harmonia Hotels, Area 11 Garki: N7,000,000,000.00
Meethaq Hotel (Jabi Branch): N8,400,000,000.00
Duplex at Amazon Street, Maitama: N5,950,000,000.00
42 Units of Bungalow at Efab Estate: N385,000,000.00
Total estimated value is ₦212,892,750,000
In a related development, the federal government filed a 16-count charge against Malami, his son and an employee of Rahamaniyya Properties, accusing them of laundering funds to acquire luxury properties in multiple jurisdictions.
The charges include allegations of using corporate structures to conceal the origin and movement of illicit funds.
The case sheet, marked FHC/ABJ/CR/700/2025, maintains that Malami and co-accused engaged in transactions involving hundreds of millions of naira in accounts at financial institutions, knowing the funds were proceeds of unlawful activities.
The EFCC’s revelations and ensuing legal action is a significant development in Nigeria’s anti-corruption landscape, drawing attention to elite asset accumulation and enforcement of financial crimes laws.
The magnitude of the traced properties has already ignited public debate on integrity, transparency and accountability in the country’s governance framework.
Many Nigerians remain deeply skeptical that justice will be served. This skepticism is rooted in concerns that Malami allegedly amassed much of his wealth while serving as minister of justice, in full public view.
There is also growing public anxiety that his influence over the judiciary could be leveraged to manipulate proceedings and secure a favourable outcome, further undermining confidence in the rule of law.
Analysts say that while the listing of assets and the filing of charges are not new in the country, corruption and money-laundering cases involving high-profile public officials are often handled in a distasteful and compromised manner, with suspects frequently cutting political deals and re-emerging in influential positions instead of facing meaningful accountability.
Malami’s case is expected to feature prominently in Nigeria’s legal terrain in 2026, with court proceedings likely to explore the origins of his amassed wealth and compliance with financial regulations.
With bail conditions and interim court orders reportedly already part of the unfolding process, stakeholders are watching closely as the judiciary navigates one of the year’s most significant corruption-related cases in the country.
