
Abubakar Malami EFCC property seizure has taken a new turn as the former Attorney-General of the Federation revealed detailed sources of his income while asking the court to lift an interim forfeiture order on properties linked to him.
Former Attorney-General of the Federation, Abubakar Malami (SAN), has told the Federal High Court in Abuja that he legitimately earned over ₦12 billion from salaries, private businesses, gifts, loans, and book sales.
Malami made the disclosure while seeking to vacate an interim order directing the seizure of 57 properties allegedly linked to him by the Economic and Financial Crimes Commission (EFCC).
Abubakar Malami EFCC property seizure: Malami Challenges EFCC Property Seizure
The disclosure was made through his lawyer, Joseph Daudu (SAN), in a motion on notice filed at the Federal High Court.
The motion specifically seeks to vacate the interim forfeiture order placed on three out of the 57 properties currently under EFCC investigation.
According to the filing, Malami had already declared his assets and income sources to the Code of Conduct Bureau (CCB), in compliance with Nigerian law.
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Abubakar Malami EFCC property seizure: Breakdown of Malami’s Declared Income
The court documents detailed Malami’s income sources as follows:
- ₦374,630,900 earned from salaries, estacodes, severance allowances, and other official benefits.
- ₦574,073,000 generated from the disposal of personal assets.
- ₦10,017,382,684 recorded as turnover from private business ventures.
- ₦2,522,000,000 listed as loans advanced to businesses.
- ₦958,000,000 received as traditional gifts from personal friends.
- ₦509,880,000 earned from the launch and public presentation of his book titled “Contemporary Issues on Nigerian Law and Practice, Thorny Terrains in Traversing the Nigerian Justice Sector: My Travails and Triumphs.”
Malami Insists Funds Are Legitimate
Malami’s legal team argued that the funds used to acquire the disputed properties were legitimate and fully traceable.
They maintained that the interim forfeiture order was obtained without giving Malami the opportunity to respond.
The defence urged the court to set aside the order in the interest of justice.
What Happens Next?
The Federal High Court is expected to hear arguments from both parties before deciding whether to vacate or uphold the interim seizure order.
The case has sparked widespread public debate, especially amid Nigeria’s ongoing anti-corruption campaign.
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