57 properties: Court Adjourns Judgment in EFCC's N212bn Forfeiture Suit Against Malami to July 10
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57 properties: Court Adjourns Judgment in EFCC's N212bn Forfeiture Suit Against Malami to July 10

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57 properties: Court Adjourns Judgment in EFCC's N212bn Forfeiture Suit Against Malami to July 10

Admin By Adewale Adewale
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A Federal High Court in Abuja has rescheduled judgment in the suit filed by the Economic and Financial Crimes Commission (EFCC) seeking the final forfeiture of 57 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami.

Justice Joyce Abdulmalik, who was initially scheduled to deliver judgment on Monday, July 6, 2026, adjourned the matter to Friday, July 10, 2026.

The EFCC is seeking the permanent forfeiture of the properties, valued at more than N212 billion, alleging that they are proceeds of official corruption and abuse of office.

The assets are located across Abuja, Kano, Kebbi and Kaduna states.

The anti-graft agency had earlier obtained an interim forfeiture order over the properties pending the determination of its application for final forfeiture.

At the last hearing on May 26, counsel to the EFCC, Jibrin Okutepa (SAN), urged the court to grant the application, relying on a 47-paragraph affidavit and 46 documentary exhibits filed in support of the motion.

Okutepa argued that Malami and the other respondents failed to provide satisfactory explanations regarding the legitimate sources of funds used to acquire the properties.

He prayed the court to order their permanent forfeiture to the Federal Government.

However, counsel to Malami, Adedayo Adedeji (SAN), asked the court to dismiss the application and vacate the interim forfeiture order.

Adedeji, relying on a counter-affidavit deposed to by the former minister, contended that the EFCC's case was based on suspicion rather than credible evidence.

He maintained that the assets were lawfully acquired during Malami's lifetime and not proceeds of any criminal activity.

Following the adoption of final written addresses by both parties, Justice Abdulmalik adjourned the matter until July 10, 2026, when judgment is expected to be delivered on whether the disputed properties will be permanently forfeited to the Federal Government.

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