EFCC Traces 41 Properties Worth N212bn To Ex-AGF, Malami (Full List)

The Economic and Financial Crimes Commission (EFCC) says it has identified 41 properties allegedly linked to Abubakar Malami, former Attorney-General of the Federation and Minister of Justice.

According to TheCable, the properties — 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.

Father and son are accused of committing offences contrary to Sections 15, 18 and 21 of the Money Laundering (Prevention and Prohibition) Act. 
 
Below is the full list of the properties allegedly linked to Malami obtained by the publication. 
 
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
 
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 - Total valuation: N16,011,800,000.00
 
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
 
Wife’s House (Ahmadu Bello Way, Kano): N982,800,000.00
 
FCT Abuja Properties - Total valuation: N34,685,000,000.00
 
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
 
Grand total valuation: N212,892,750,000