The Economic and Financial Crimes Commission (EFCC) has traced 41 properties to Abubakar Malami, the former attorney-general of the federation and minister of justice.
Report gathered that 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.
See below.
FULL LIST: EFCC traces 41 properties worth N212bn to Malami
Abubakar Malami, former attorney-general of the federation (AGF) and minister of justice, Abubakar Malami.
The Economic and Financial Crimes Commission (EFCC) has traced 41 properties to Abubakar Malami, the former attorney-general of the federation and minister of justice.
Also, 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.
