Father and Son Under Investigation As EFCC Reportedly Traces 41 Properties to Former AGF Abubakar Malami, Abdulaziz Malami
By: Olufemi Orunsola
Nigeria's anti-corruption war in the year 2025 may be ending with the opening of an unprecedented can of corruption canckerworms as the Economic and Financial Crimes Commission (EFCC) has reportedly traced 41 properties to Abubakar Malami, the former Attorney-General of the Federation and Minister of Justice and his son Abdul’Aziz Malami.
According to monitored reports, the properties ranging from hotels, residential buildings, lands, schools, and a printing press are scattered across Kebbi, Kano and the Federal Capital Territory (FCT).
The properties in Kebbi state are valued at N162,195,950,000, while the assets in Kano state are said to be worth N16,011,800,000, and the value of the FCT properties was put at N34,685,000,000.
The federal government has also filed a 16-count charge bordering on money laundering against the former minister and his son, Abdulaziz Malami.
By this development, both father and son are accused of committing offences contrary to Sections 15, 18 and 21 of the Money Laundering (Prevention and Prohibition) Act.
The full list of properties are profiled below:
Kebbi State Properties
Total valuation: N162,195,950,000.00
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
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
Azbir Brand Properties
Azbir Hotel: N10,325,000,000.00
Gallery: N581,000,000.00
Gardens: N392,000,000.00
OPEN TELEVISION NAIJA (OTN) News recalls that
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