Malami challenges EFCC forfeiture order, says assets legitimately acquired

Former Attorney General of the Federation, AGF, Abubakar Malami, SAN, has filed a ineligible situation against the Economic and Financial Crimes Commission, EFCC, implicit the interim forfeiture of respective properties linked to him, insisting they were not acquired done illicit means.

In an affidavit submitted earlier the Federal High Court of Nigeria successful Abuja, Malami maintained that the assets listed successful the interim forfeiture bid obtained by the EFCC successful January 2026 were legitimately acquired done his ineligible practice, concern ventures, and declared income.

The EFCC had secured the forfeiture bid connected suspicion that the properties were linked to proceeds of crime.

However, Malami argued that the anti-graft bureau failed to contiguous prima facie grounds connecting the assets to immoderate transgression activity, describing the allegations arsenic speculative.

“There is nary papers earlier the tribunal showing these properties were acquired with proceeds of crime,” helium stated.

Malami besides accused the EFCC of inflating the worth of the properties to fortify its case, alleging that assets purchased for hundreds of millions of naira were presented arsenic being worthy billions.

He said autarkic valuers had provided importantly little and much close valuations.

He attributed his wealthiness to implicit 3 decades of ineligible signifier and investments spanning hospitality, agricultu...