HomePoliticsMalami Don Land 41 Properties Weh Sabi N212.89 Billion!

Malami Don Land 41 Properties Weh Sabi N212.89 Billion!

Wetin dey happen for Naija? Former Attorney General of the Federation, Abubakar Malami, don dey face serious wahala as EFCC don link am put for 41 properties across Kebbi, Kano, and Abuja! If you no sabi, the total value of all dis properties na N212.89 billion! Make we break am down small.

Di document wey PREMIUM TIMES find gidigba don show say Malami get 30 properties alone for Kebbi State wey worth N162 billion! Some of di top properties na Rayhaan University permanent site wey dey valued at N56 billion. Chai! No be small money o! Dem get all dis kind money from where? Dis na di question wey EFCC dey ask am.

Last week, dem sef go search him houses and offices for Abuja and Kebbi on dia investigation o! Malami first go EFCC last month, dem release am after few hours but now, him don dey hold dem for action since December 8. E don collect bail last week, but wahala no dey rest, as dem don put am for 16 count charges regarding money laundering and fraud!

Di properties no be only for Kebbi o, for Kano, dem list properties wey worth N16 billion. Like Zeennoor Hotel wey be N11.2 billion plus other residential properties wey dey waka for Kano. For Abuja, dem properties don reach N34.7 billion! Nawa o, dis man get properties like say na real estate business be him side hustle!

Malami don release statement talk say di searches na retaliatory move cause of him comments on di EFCC chairman o. But EFCC don clear say na follow-up investigation, no be raid! Dem go dey investigate am well well wey so many eyes dey on top am.

Wetin Malami go do now? Di charges dey show say e don allegedly launder N9 billion through various means. As di trial dey loom, the legal team wey go face em na big names wey dey ready to fight. Di court don dey ready to open as dem prepare witnesses and document gallore!

Dis situation fit make am lose everything wey e don gather if dem be true! Di assets fit enter government collection because of di Non-Conviction Asset Forfeiture wey EFCC fit invoke. So, make we dey watch how dis drama go unfold!


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