Court forfeits 48 Malami-linked properties
Analysis based on 74 articles · First reported Jun 29, 2026 · Last updated Jul 18, 2026
The forfeiture may increase scrutiny on politically exposed persons in Nigeria, potentially affecting investor confidence in the rule of law. The hospitality and real estate sectors in the affected regions could see short-term disruptions as assets are transferred to government control.
On July 15, 2026, the Nigeria — Federal High Court of Nigeria in Nigeria — Abuja, presided over by Justice Joyce Abdulmalik, ordered the final forfeiture of 48 properties linked to former Attorney-General Abubakar Malami to the Federal Government. The court ruled that the Nigeria — Economic and Financial Crimes Commission (EFCC) had established that the properties were reasonably suspected to be proceeds of unlawful activities, and Malami and other respondents failed to prove legitimate acquisition. The forfeited assets, valued at over N212 billion, include luxury properties in Nigeria — Abuja, Kano, Kaduna, and Kebbi states, such as hotels, a university, shopping complexes, and residential buildings. The court dismissed objections from Malami, his family members, and associated companies. Nine other properties were exempted due to insufficient evidence. Malami faces separate money laundering charges.
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