JUST IN: EFCC UNVEILS N212.8 BILLION PROPERTIES LINKED TO MALAMI'S EIGHT YEARS AS ATTORNEY-GENERAL

The EFCC has also released the list of properties valued at N212.8billion, which were mostly acquired during Malami's eight years (2015-2023) in office as Attorney-General of the Federation.

The properties, which include hotels, residential buildings, lands, schools, and a printing press, are scattered across Kebbi, Kano, and the Federal Capital Territory (FCT).

The properties in Kebbi state are valued at N162 billion while the assets in Kano state are said to be worth N16 billion, and the value of the FCT properties was put at N34.6 billion. Full list below:

- KEBBI STATE PROPERTIES (Total valuation - N162,195,950,000.00)

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

- 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

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