The Federal High Court in Abuja has ordered the interim forfeiture of 57 properties suspected to be proceeds of unlawful activities linked to the former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), to the Federal Government.
Justice Emeka Nwite granted the order following an ex-parte motion moved by the Economic and Financial Crimes Commission’s (EFCC) lawyer, Ekele Iheanacho (SAN).
The multi-billion naira landed properties are located in Abuja, Kebbi, Kano, and Kaduna States.
Although the order was made on Tuesday, its certified true copy (CTC) was obtained on Wednesday, January 7, 2026.
“It is hereby ordered that an interim order of this honourable court is hereby made forfeiting to the Federal Government of Nigeria the properties described in Schedule 1 below which are reasonably suspected to be proceeds of unlawful activities,” Justice Nwite said.
The judge, in the ruling, also directed the publication of the interim order of forfeiture in any national daily “inviting any person(s) or body (ies) who may have interest in the properties listed in the schedule to show cause, within 14 days of the publication, why a final order of forfeiture to the Federal Government of Nigeria of the said assets and properties, should not be made.”
He, therefore, adjourned the matter until January 27, 2026, for report of compliance.
Malami, his wife, Bashir Asabe, and his son, Abubakar Abdulaziz, are currently facing alleged N8.7 billion money laundering charge before Justice Nwite.
The properties include:
Luxury Duplex at Amazon Street, Plot No. 3011 Within Cadastral Zone, A06 Maitama; File No: AN enhancement 11352, which was purchased in December 2022 at N500, 000, 000.00 (value after enhancement at N5,950,000,000).
Judge to lawyers: I am unapproachable as Malami, son, wife get ₦500m bail each
Two Winged Large Storey Building Situate at No. 3, Onitsha Crescent, Area 11,Garki, Cadastral Zone, A03, Abuja (formerly Harmonia Hotels Limited), FCT, which was purchased Dec. 2018 at N7,000,000,000.
Plot 683, Jabi District, Cadastral Zone B04, Comprising of a five storey Building (Now Luxurious Meethaq Hotels Ltd, Jabi with 53 rooms/suites), which was purchased in Sept. 2020 at carcass level at N850,000,000 with additional N300,000,000 to take possession (value after completion N8,400,000,000).
Property No. 3130 within Cadastral Zone A04, Asokoro District, FCT, Abuja, Comprising of Terraces, purchased in January 2021 at N360,000,000.
Property No. 3 Rhine Street, Maitama, Abuja (Meethaq Hotels Limited, Maitama With 15 ROOMS), which was purchased on in February 2018 at N430,000,000 (current value after rehabilitation is N12,950,000,000).
Plot No. 1241B, Asokoro District Zone (No. 11A Yakubu Gowon Crescent) Asokoro District, which was purchased July 2021 at N325,000,000.
Shop No. C82 Citiscape — Shariff Plaza, Plot 739 Cadastral Zone A07, Aminu Kano Crescent, Wuse Il, FCT, Abuja, which was purchased in March 2024 at N120,000,000.
No. 4 Ahmadu Bello Way, Nasarawa GRA, Kano, which was purchased in December 2022 at N300,000,000.
Plot 157, Lamido Crescent, Nasarawa, GRA, Kano, purchased in July 2019 with no specific amount stated.
A Plaza, Commercial Toilets, Laundering, Warehouse Tanks Adjacent To Birnin Kebbi Market, which was purchased in 2021 at N100,000,000.
100 Hectares Of Land Along Brinin Kebbi, Jega Road, which was purchased in 2020 at N100,000,000.
Four Bedroom Bungalow Gesse Phase, Birnin Kebbi, which was purchased in 2023 at N101,000, 000.
Shops Nos. A36, B3 Vegas Mall, Wuse 2, Abuja, which was purchased in July 2023 at N158,000,000.
No. 26, Babbi Drive, Bua Estate, Abuja, purchased in 2022 at N136,000,000.
No. 27, Efab Estates Avenue, 59™ Crescent, Gwarimpa, Abuja, purchased in January 2016 at N120,000,000.
Four Bedroom/ 2 Rooms Boys Quarters At No. 10B, Doka Crescent Abakpa GRA, Kaduna, purchased in Jan. 2018 at N40, 000, 000.00.
Plot No. 13, Ipent 7 Estate, Karsana District, Abuja, purchased in June 2018 at N85,000,000.
A Bedroom Duplex & Boys Quarters At No. 12 Yalinga Street, Off Adetokunbo Ademola Crescent, Wuse Il, Abuja, purchased in Oct. 2018 at N150,000,000.
Two Warehouse Shops B40 And B46, Wuse Market, Abuja, purchased in July 2020 at N50,000,000.
Twin Houses At Zone E, Apo Legislative Quarters, Cadastral Zone B01, Plot 14014, Gudu District, Abuja, it was purchased between February and May 2017 at N250,000,000.
Properties acquired byKhadimiyya for Justice & Development Initiative at the Academic Garden City, Birnin Kebbi, sold by the Federal Housing Authority Mortgage namely.
Others are nine units of three bedroom, bungalow, three units of two bedroom, bungalow, and 5.4 hectares of land, which were purchased between February 2023 and September 2023 at N187,000,000, among other assets listed in the schedule.
- Lagos Assembly passes N4.44trn 2026 budget - January 8, 2026
- Listed companies: Nigerian stock market ranked 3rd in Africa - January 8, 2026
- ‘It’s tough for me’: Anthony Joshua pays tribute to friends killed in Ogun road crash - January 8, 2026
