24/12/2025
FULL LIST: EFCC Links Ex-AGF Abubakar Malami to 41 Properties Worth Over ₦212 Billion, Files 16-Count Money Laundering Charge
The Economic and Financial Crimes Commission (EFCC) has traced 41 high-value properties across Kebbi, Kano and the Federal Capital Territory (FCT) to Abubakar Malami, the immediate past Attorney-General of the Federation and Minister of Justice, with an estimated combined value of about ₦212.89 billion.
According to documents released on 24 December 2025, the properties include hotels, residential buildings, lands, schools, manufacturing facilities and a printing press, located primarily in Kebbi State where assets worth about ₦162.2 billion were identified. These include multiple sites of Rayhaan University and its facilities, an agro-allied factory, Azbir branded properties such as hotels and commercial facilities, as well as several houses believed to belong to Malami and his close relatives.
In Kano State, the EFCC traced properties valued at over ₦16 billion, including the Zeennoor Hotel, associated mosque facilities, Rayhaan Hotel and Gym, and a residential property registered as the wife’s house on Ahmadu Bello Way in Kano. Meanwhile in the FCT, assets totalling approximately ₦34.7 billion were identified, featuring high-end hotels in Jabi and Maitama, a duplex in Maitama’s Amazon Street, 42 bungalow units in Efab Estate, and the Harmonia Hotels in Garki.
The federal government has also filed a 16-count charge against Malami and his son, Abdulaziz Malami, for alleged money laundering offences under the Money Laundering (Prevention and Prohibition) Act, alleging that the duo concealed the origin of substantial sums through corporate structures and property acquisitions between 2022 and 2025.
The disclosures come amid intensified EFCC probes into Malami’s financial activities during his eight years in office, with the commission conducting searches at his homes and offices in Abuja and Kebbi earlier in December as part of the ongoing investigation. The case has drawn widespread public attention, with authorities emphasising accountability and transparency in the handling of public office and assets.
See the full list below.
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
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