“EFCC Traces 41 Properties Worth N212bn Linked to Malami – Full List Revealed”

According to TheCable, the assets—which include hotels, residential buildings, lands, schools, and a printing press—are spread across Kebbi, Kano, and the Federal Capital Territory (FCT).

The properties in Kebbi State are valued at N162.2 billion, those in Kano State at N16 billion, and the FCT assets at N34.7 billion.

In addition, the federal government has filed a 16-count charge of money laundering against Malami and his son, Abdulaziz Malami. They are accused of violating Sections 15, 18, and 21 of the Money Laundering (Prevention and Prohibition) Act.

Below is the breakdown of the properties allegedly linked to Malami:

Kebbi State Properties – Total: N162,195,950,000
Rayhaan University & Education

• Permanent Site: N56,000,000,000

• Temporary Site: N37,800,000,000

• Third Site: N2,450,000,000

• Vice Chancellor House: N490,000,000

• Model Academy: N11,200,000,000

• Primary & Secondary School: N8,750,000,000

Rayhaan Agro Allied Factory & Commercial

• Factory Buildings: N4,200,000,000

• Factory Machines & Plants Units: N10,500,000,000

• Factory Mosque: N2,450,000,000

• Staff Quarters (10 units): N1,487,500,000

• Bustan Building: N3,150,000,000

• Printing Press: N1,050,000,000

• Al-Afiya Energy Tanker Garage: N2,450,000,000

• Amasdul Oil & Gas Ltd Structure: N1,050,000,000

• Rayhaan Radio: N78,750,000

Azbir Brand Properties

• Azbir Hotel: N10,325,000,000

• Gallery: N581,000,000

• Gardens: N392,000,000

• Mosque: N252,000,000

• Clothing: N350,000,000

• Pharmacy & Supermarket: N175,000,000

Residential & Foundations

• Malami House GRA: N350,000,000

• Malami House Behind Mobil: N490,000,000

• Malami Residence Behind Cemetery: N350,000,000

• Abdulaziz House: N1,659,000,000

• Ahbiru House: N2,989,000,000

• Malami Support Organization Building ADC: N210,000,000

• Kadi Malami Foundation Building: N56,000,000

• Rayhaan Security House: N245,700,000

• Uncompleted 3-Storey Complex: N665,000,000

Kano State Properties – Total: N16,011,800,000

• Zeennoor Hotel: N11,200,000,000

• Zeennoor Mosque: N84,000,000

• Zeennoor Old Hotel Building: N280,000,000

• Rayhaan Hotel Kano: N2,240,000,000

• Rayhaan Gym Kano: N1,225,000,000

• Wife’s House (Ahmadu Bello Way): N982,800,000

FCT, Abuja Properties – Total: N34,685,000,000

• Duplex at Amazon Street, Maitama: N5,950,000,000

• Meethaq Hotel (Jabi Branch): N8,400,000,000

• Meethaq Hotel (Maitama Branch): N12,950,000,000

• 42 Bungalows at Efab Estate: N385,000,000

• Harmonia Hotels, Area 11 Garki: N7,000,000,000

Grand Total Valuation: N212,892,750,000

This compilation highlights the extensive assets EFCC alleges are connected to the former AGF.