EFCC Seeks Final Forfeiture of 57 Properties Linked to Abubakar Malami
The Economic and Financial Crimes Commission (EFCC) has approached the court seeking the final forfeiture of 57 properties allegedly linked to former Attorney General of the Federation, Abubakar Malami.
According to reports, the anti-graft agency is asking the court to permanently seize the assets, which are believed to have been acquired through suspicious means. The move follows an earlier interim forfeiture order, as investigations into the ownership and source of funds tied to the properties continue.
The EFCC argued that the properties are proceeds of unlawful activities and should be forfeited to the Federal Government in line with existing anti-corruption laws. Legal proceedings are expected to determine whether the assets will be permanently confiscated or returned, depending on the outcome of the case.
The development has drawn public attention, as it involves a high-profile figure who once held one of the most influential legal positions in the country. It also underscores the EFCC’s ongoing efforts to tackle corruption and recover assets allegedly acquired illegally.
However, as with such cases, the court will provide an opportunity for any interested parties to challenge the forfeiture and present evidence to support their claims of legitimate ownership.
The case adds to a series of high-profile asset recovery efforts in Nigeria, reflecting the broader push by authorities to strengthen accountability and transparency in public service.
As proceedings unfold, the outcome is expected to set an important precedent in the enforcement of asset forfeiture laws and the fight against corruption.
