Court Orders Final Forfeiture Of 48 Properties Linked To Malami Valued At N212.8 Billion
Court Orders Final Forfeiture Of 48 Properties Linked To Malami Valued At N212.8 Billion By Editor The Federal High Court sitting in Abuja on Wednesday ordered the final forfeiture of about 48 properties linked to former Attorney General of the Federation and Minister of Justice, Abubakar Malami. Delivering the judgement, Judge Joyce Abdulmalik granted the forfeiture application by the Economic and Financial Crimes Commission (EFCC), holding that Mr Malami and others laying claim to the assets failed to prove that they lawfully acquired them. Before delivering the substantive judgement, the judge dismissed several applications, motions on notice and objections filed by Mr Malami, his family members and some companies claiming ownership of the properties. The judge said they all lacked merit. She held that the issue before the court was not “who owns the property, but how legitimate are the funds used to acquire the properties.” According to the judge, the respond...