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BOMBSHELL: COMMITTEE UNCOVERS BILLIONS LOOTED BY YUGUDA/ABUBAKAR, BAUCHI GOVS

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It is with great pleasure that the Bauchi State Government’s Assets and Funds Recovery Committee welcomes you to its press conference. The Committee is very grateful to you for responding to its invitation, and for the fact that you will help us share this news, which is a mixture of sweet and bitter, with members of the public.
You may recall that His Excellency the Executive Governor of Bauchi State Senator Bala Abdulkadir Mohammed, CON (Kauran Bauchi) has during the electioneering campaigns, promised that if elected, he would recover all stolen funds and assets belonging to the good people of Bauchi State. The constitution and subsequent inauguration of the Committee on the 12th day of July, 2019 is therefore a promise kept. The Committee, immediately after its inauguration, sat for a maiden meeting during which it came up with a well thought out work plan. Most importantly, the Committee took a firm decision to operate within the boundaries of laws of the Federation and other enabling laws enacted by the Bauchi State House of Assembly, in the discharge of its assignment.
The Committee has received a total of 279 petitions, complaints and whistle blower exposés. In addition to these, the Committee also received information about Federal Allocations, local and international loans, aids, grants, donations and other interventions, from primary and secondary sources.
The primary sources include Federal Government MDAs such as the Office of the Accountant General of the Federation, Debt Management Office (DMO), Federal Ministry of Finance, Ecological Funds Office, Universal Basic Education Commission (UBEC) etcetera. Other primary sources include World Bank, World Health Organisation (WHO), United Nations Children’s Fund (UNICEF), United Nations Industrial Development Organization (UNIDO), Dangote Foundation and United Nations Educational, Scientific and Cultural Organization (UNESCO).
The secondary sources are the Ministries, Departments and Agencies (MDAs) in Bauchi State, to enable the Committee make comparisons and reach conclusions as to the judicious application, utilisation and management of the resources belonging to the good people of Bauchi State.
All these information were painstakingly looked into, which led to the discovery of massive fraud – outright stealing of public funds, wanton mismanagement of resources, deliberate skewing of contracts, breach of trust, reckless abuse of office and other shoddy deals perpetrated against the good people of Bauchi State by the administrations under review, with the connivance of some criminally inclined civil servants.
The following are some of the heart-wrenching discoveries made by the Committee:
FUNDS ACCRUED TO BAUCHI STATE BETWEEN MAY 2007 AND MAY 2015 (EIGHT YEARS ADMINISTRATION OF FORMER GOVERNOR ISAH YUGUDA)
STATUTORY ALLOCATION (2007 – 2015)
According to the submission by Office of the Accountant General of the Federation (OAGF), Bauchi State received a total of N393,867,570,547.75 as Statutory Allocation between May 2007 and May 2015.
Conversely, this Committee was able to trace a total of N386,500,736,402.86, from relevant Bank Statements of Accounts at the Bauchi State Treasury. A discrepancy of N6,611,420,477.79, representing Unaccounted Statutory Revenue due to Bauchi State.
SURE-P INTERVENTION PROGRAMME (2007 – 2015)
The Committee discovered that between May 2012 and December 2014, the sum of N8,338,485,091.46 as Federal Government’s SURE-P Intervention. Investigation is still going on to confirm the actual utilization of this amount and you will be duly informed of further discovery in due course.
BANK LOANS TO BAUCHI STATE (2007 – 2015)
The Committee has discovered that a total of N135,145,096,050.84 commercial loans were taken. Out of this amount, N100,961,539,849.33 were loans taken without the authorisation of Bauchi State House of Assembly as required by the extant law. The balance of N34,183,556,201.51 represents the loans which followed due process of law.

Similarly, the Committee discovered that a total of N881,464,360.73 was interest charge on the unauthorised loans.
TEN BILLION NAIRA (N10,000,000,000.00) LOAN FROM FINBANK (NOW FCMB) – BASG MAIN ACCOUNT NO. 2134384701
The Committee also discovered a commercial loan to the tune of N10,000,000,000.00 taken from the then FINBANK (now FCMB), through a credit entry in the former Main Account of the State Government No. 2134384701, which was apparently “an unsolicited” loan. There were no documents, whatsoever from the Office of the Accountant General of Bauchi State in respect of this loan. The Committee’s search is ongoing to confirm how the funds were utilised.
FIFTEEN BILLION NAIRA (N15,000,000,000.00) BOND
At the beginning of the year 2014, Bauchi State Government initiated a process for raising funds from the Capital Market through the issuance of N15,000,000,000.00 Series 1 Fixed Bond under the Bauchi State Medium Term Loan Programme.
The objective of raising these funds as stated in the issue documents were the completion of Bauchi International Airport; New Bauchi Specialist Hospital and; refinancing of existing bank loans in Fidelity Bank and FCMB.
By mid-December 2014, the process was completed and the proceeds of the Bonds Issue were disbursed through the lead bank – United Bank for Africa (UBA) Plc.
Full investigation on the utilisation and management of the funds is still in progress and details will be announced as soon as investigation is completed.
ECOLOGICAL FUNDS
According to the Office of the Accountant General of the Federation (OAGF), the sum of N2,000,000,000.00 was paid to the Bauchi State Government as it share of the Ecological Fund for the year 2013. Similarly, the Ecological Fund Office has through a letter with reference no. EF/ACCT/019/1/14 dated 18th September, 2019 confirmed that in 2014, another N500,000,000.00 was paid into the Bauchi State Government Account No. 0998552029 domiciled with FCMB, as Grant for Displaced Persons in the State.
What is outstanding is how this amount totaling N2,500,000,000.00 were expended.
A total of N564,851,151,690.05 had accrued to Bauchi State between May 2007 and May 2015. Over N200,000,000,000.00 of this funds, this Committee discovered, was mismanaged or outrightly stolen under the administration of former Governor Isah Yuguda.
In line with the Terms of Reference of the Committee, “To consider and appraise the report of various enquiry commissions or committees set-up by the previous administrations from May, 2007 to May 2019 with the view of effecting full implantation of all the recommendations requiring recovery of Government’s properties and funds,” the Committee is going to implement all the recommendations contained in the HIGH POWERED COMMITTEE report that investigated all major contracts awarded between May 2007 and May 2015.
FUNDS ACCRUED TO BAUCHI STATE BETWEEN MAY 2015 AND MAY 2019 (FOUR YEARS ADMINISTRATION OF FORMER GOVERNOR MOHAMMED ABDULLAHI ABUBAKAR, ESQ)
GOVERNMENT FINANCES:
STATUTORY ALLOCATION (2015 – 2019)
According to the submission by Office of the Accountant General of the Federation (OAGF), Bauchi State received a total of N321,460,759,830.34 as Statutory Allocation between May 2015 and May 2019.
BANK LOANS (2015 – 2019)
The Committee discovered that a total of N58,602,385,544.00 loans were taken between May 2015 and May 2019.
BAILOUT LOAN FACILITY
According to the submission by the Office of the Accountant General of Bauchi State, a bailout facility of N8,609,100,000.00; N5,968,400,090.00; N700,000,000.00 in 2016, 2017 and 2018 respectively, totalling N15,282,400,000.00 were released to the Bauchi State Government.
PARIS CLUB REFUNDS
Similarly, the total sum of N47,314,330,501.72 in 2016, 2017 and 2018 was received by the last administration of Governor Mohammed Abdullahi Abubakar, according to submission by the Office Accountant General of Bauchi State.
BUDGET SUPPORT LOAN FACILITY
The Committee discovered that the sum of N17,569,000,000.00 was received by the State as Budget Support Facility from the Federal Government of Nigeria
EXCESS CRUDE ACCOUNT (ECA) LOAN FACILITY
The sum of N10,000,000,000.00 was also received by the State as Excess Crude Account (ECA) loan facility.
However, the Committee has observed a discrepancy in the figures supplied by Office of the Accountant General of the Federation (OAGF), Debt Management Agency (Bauchi State) and Office of the Accountant General of Bauchi State on Budget Support Facility provided by the Central Bank of Nigeria (CBN). The figures under the Budget Support Facility was given as N17,569,000,000.00 and N12,125,000,000.00 by the OAGF and Office of the Accountant General of Bauchi State/Debt Management Agency (Bauchi State), respectively.
Similarly, a loan of N850,000,000.00 being counterpart funding paid Bauchi State by for the Rural Access and Agriculture Mobility Project (RAAMP) has not been captured in the debt portfolio of the State by both the Office of the Accountant General of Bauchi State and Debt Management Agency (Bauchi State).
ASSETS TAKEN AWAY/REFUSED TO BE RETURNED
The Committee discovered that the former Governor Mohammed Abdullahi Abubakar has sold to himself, seven (7) posh vehicles belonging to Bauchi State Government in violation of provisions of BAUCHI STATE BUDGET MONITORING, PRICE INTELLIGENCE AND PUBLIC PROCUREMENT LAW (BMPIPP 2008), for the disposal of government assets and/or properties. The vehicles are as follows;
Land Cruiser Armoured Jeep, with Chassis No. JTMHX09J9F4089580 auctioned at the cost of N7,800,000.00.
Land Cruiser V8, with Chassis No. JTMHX09J8D4050814 sold at the cost N2,800,000.00.
Toyota Hilux, with Chassis No. MROFX22G2F1436641sold at the cost of N1,050,000.00.
Toyota Hilux, with Chassis No. MROFX22G701415100 sold at the cost of N1,050,000.00.
Range Rover (Jeep), with Chassis No. SALWA2VF3EA366819 sold at the cost of N2,947,875.00.
Range Rover (Jeep), with Chassis No. SALLSAAD4DA800170 sold at the cost of N2,114,700.00.
Range Rover (Jeep), with Chassis No. SALLSAAD4DA81373 sold at the cost of N2,114,700.00.
Similarly, thirty (30) exotic vehicles allocated to his political appointees and public office holders that have left office were found to have not been returned. The Committee has already recovered fifteen (15) of such vehicles and, is on the trail of the remaining fifteen (15) with a view to recovering and returning them to government pool. In the same vein, the Committee has taken steps to recover the vehicles that the former governor arbitrarily sold to himself.
It was also discovered that in violation of his Oath of Office, the former Governor Mohammed Abdullahi Abubakar initiated a transaction and sold to himself a house with Certificate of Occupancy No. BA/40245 located adjacent to Wikki Hotel, belonging to Bauchi State Government, at a highly subsidised rate. This also, in gross violation of the BAUCHI STATE BUDGET MONITORING, PRICE INTELLIGENCE AND PUBLIC PROCUREMENT LAW (BMPIPP 2008), for the disposal of government assets and/or properties. Section 55, Subsection 4 & 5 states inter alia; “All procuring entities shall distribute responsibilities for the disposal of public property between procurement units and Tenders Board;” and, “A report of the findings… shall be forwarded to the Executive Council for appropriate directive.” Similarly, PART XI – Section 56, Subsection 6(f) stipulates, “Avoiding all situations likely to render an officer vulnerable to embarrassment or undue influence.” All these provisions were found to have been violated. Above all, the disposing entity, Bauchi Geographic Information Service (BAGIS) is not backed by any law, as the Bill that established the Agency in 2017 is yet to be signed into law. It follows therefore that, whatever business the Agency transacted, and with whomsoever – individuals or organisations, is illegal, null and void, and of no effect whatsoever. The Committee considers as morally reprehensible for a sitting governor to apply for the purchase of a government property and approved same for himself, placing his individual interest above public interest.
The Committee was also able to trace about fifteen (15) properties in Kaduna State, which belong to Bauchi State Government, with their Certificates of Occupancy and ground rents paid up to year 2017. However, the Committee noticed a lot of trespass and encroachment on the properties due to neglect, but legal machineries have been set to evict the trespassers.
ILLEGAL DEDUCTIONS UNDER SECURITY VOTE
WITHOUT APPROVAL
Between October 2016 and May 2018 alone, nearly N1.4 billion was outrightly stolen. In 2017 and 2018, unremitted taxes amounting to over N705 Million was uncovered to have been carted away by some greedy officers at the State Treasury.
Furthermore, there were deductions in the name of civil servants in Bauchi State, for National Housing Fund supposed to be paid to the Federal Mortgage Bank but diverted to private pockets, amounting to nearly N350 Million. Under these direct withdrawals and theft we have a total of about N2.5 Billion. The culprits have been identified and efforts have reached advanced stage to retrieve the amount, and appropriately prosecuted.
FRAUDULENT/QUESTIONABLE CONTRACTS
The Committee uncovered multi-billion naira fraudulent and questionable contracts, some of them fully paid for according to documents showing capital releases, but were either abandoned or completely not executed. While the Committee is still uncovering such contracts, a few examples of them that were established to be bogus are as follows:
CONSULTANCY CONTRACT ON PARIS CLUB REFUND
The Committee identified a highly suspicious contract on Paris Club recovery, awarded to a consultant, Mauritz Walton. What makes this contract even more suspicious was the claim by the consultant to have received N5 Billion being part payment from Bauchi State Government, waiting for a balance of N3 Billion. However, according to payment voucher from the State Treasury and a Bank Statement of Account of Bauchi State showed a figure much less than what he claimed to have received. Apparently, the Consultant has no idea on how much he has actually been paid. This underscores the shoddy nature of the contract. It is shocking that from our preliminary findings, there was no such consultancy work performed by the presumed consultant to warrant payment of such whooping amount of money. It is on record that Nigeria Governors Forum had hired a Consultant on behalf of all the States of the Federation on the same issue. The Committee is about to conclude its investigation, and certainly recover the amount fraudulently paid to the so called consultant.
FICTITIOUS CONTRACT FOR THE SUPPLY OF CHEMICALS FOR A PURPORTED FUMIGATION
The Committee uncovered a N418,425,000.00 fictitious contract awarded at the eve of the 2019 election on 31st December, 2018 by the Bauchi State Ministry for Local Government and Chieftaincy Affairs, for the supply of Agro-Allied Chemicals for fumigation in primary schools in the 20 Local Government Areas of the State. The supply of this chemicals was never done, but the contractor, one Wuro Soyo Investment Nigeria Limited has been fully paid. It is instructive to know that, chemicals of this amount when diluted, can spray a farmland equal to the entire land area of Bauchi State, which is 49,119 km2.
CONTRACT FOR THE REHABILITATION OF MURTALA MOHAMMED WAY (CBN ROUNDABOUT-FEDERAL LOW COST-RAILWAY ROUNDABOUT)
This contract is the most controversial of all the contacts awarded under the administration of former Governor Mohammed Abdullahi Abubakar. The 4.5km road contract was originally awarded at the cost N2,328,679,294.33 on 3rd November, 2015. The Committee observed that this contract has been reviewed two times, in the sum of N1,744,338,324.33 and N2,428,995,536.88 respectively. As at today, the contractor has been paid a total sum of N2,786,321,283.45. The Committee’s valuation of work done to date is only N1,318,692,684.54, implying that an overpayment to the tune of N1,467,628,598.91 has been made to the contractor, Messrs QUMECS NIG. LTD.
It is disheartening that after all these payments, work was abandoned and the contractor is not on site. The upward review of this contract, the Committee observed, was done illegally which led to the overpayment as mentioned above. It was also observed that some Certificates of Valuation (CV) raised were not forwarded to Due Process Office Certification for Payments. These Certificates are those that contained the illegally reviewed rates. There seems to be a collusion between some unpatriotic Government Officials and the contractor to review the contracts upward. These officials would be sanctioned according to the Civil Service Rules and Regulations, and the amount overpaid would be recovered.
CONTRACT OF 1.3KM LINK ROAD WITH STREET LIGHT AT FADAMAN MADA, BAUCHI
This contract was awarded to Messrs KANNOU PROJECT NIG. LTD. at original cost of N298,596,929.00 in November 2015. The contract was later reviewed upward to N463,817,177.75. The total amount paid to the contractor as at today is N412,771,115.00, and the actual value of work done is worth N298,715,521.21. The illegal review of the original contract rate led to the overpayment of N414,055,593.79. There is an established collusion between some Government Officials and the contractor, which resulted in the overpayment. The officials would be treated appropriately while recovery of overpayment is being handled.
CONTRACT FOR THE DESIGN AND CONSTRUCTION OF ITAS-ATAFOWA-MAGARYA ROAD
This contract was awarded to Messrs KANNOU PROJECT NIG. LTD. at the original cost of N1,455,001,214.90 on 7th October, 2016. It was later reviewed upward to N2,979,340,218.25. A total of N553,978,770.00 has been paid to the contractor, while value of work done is only N151,122,021.00. The project has been abandoned and the contractor has left the project site. It clearly appears that the contractor is incompetent to handle project of such magnitude and complexity, that is why for nearly four years on site, and with the amount paid, only 5% work is achieved. This contract is recommended to be determined and the amount of N402,856,749.64 being overpayment to the contractor be recovered.
CONTRACT FOR THE SUPPLY OF 500 UNITS OF TRACTORS INCLUDING COMPLETE IMPLEMENTS
This contract was awarded at the cost of N7,925,000,000.00. This contract was a Public Private Partnership contract, with State and LGs to pay N3,170,000,000.00 (being 40% of the contract sum) and the contractor and Bank to pay N4,755,000,000.00 (being 60% of the contract sum). As at September 2018, a total payment of N2,068,958,350.00 has been made to the contractor.
However, as at today only 40 Units of tractors valued at N554,829,280.00 were supplied by the contractor, leaving a balance of N1,514,129,070.00 with the contractor to date. The contractor’s ground for non-completion of the contract was that the Client could not pay up the “agreed” Advance Payment of 40% balance of N600,000,000.00. The Committee is making appropriate recommendation to the Government on the best option to tackle this matter.
CONTRACT FOR THE SUPPLY OF MAHOGANY AND SHRUOD TO CEMETERIES
This contract was awarded between 2016 and January 2019, to an array of companies including one that is an Engineering and Design Company. The supplies were to be made to Bauchi Central Cemetery, Azare, Misau, Ningi, Jama’are, Dass, Toro, Gamawa, Darazo, Alkaleri Cemeteries, and other “various locations” not properly defined. The total number of mahogany to be supplied is 573,000 (2”x12”x12”) at the cost of N1,568,033,810.00. While the total number of shroud to be supplied is 66,000 bundles at the cost of N820,423,360.00. The total cost of the contract therefore, is N2,388,457,170.00.
The above outrageous contract implied that at the worst case scenario, at least 573,000 people must have died within this period for the mahogany to be exhausted. While a total number of 198,000 people must have died within the period for 66,000 bundles of shroud to be exhausted.
In the meantime, the relevant Ministry handling the two related matters has already approached the current Governor for approval to supply more of such materials at over N155 Million Naira, but investigation would be concluded when the Committee confirm death figures from various locations to assess the true position of whether or not the materials could truly be said to have been exhausted.
CONTRACT FOR THE REHABILITATION AND CONSTRUCTION OF SOME ROADS IN BAUCHI
This contract was awarded to Messrs QUMECS NIG. LTD. at the initial cost of N1,957,519,297.53. It was later reviewed downward twice in the sum of N1,103,734,742.13 and N1,237,202,468.13 respectively. Similarly, the sum of N133,467,726.00 was found to have been added to the contract sum as “Loss of Profit” to compensate for the omission of Asphalt Work. This, the Committee believes is too much a compensation. The percentage of work done to date is 21.6% and, the contract has been abandoned and the contractor has left site. The Committee has established an overpayment of N537,117,385.86, which is going to be recovered. In the same vein, the appropriate compensation for “Loss of Profit” would be determined, and any such amount overcharged would be recovered.

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Impeachment Saga : Rivers Chief Judge Acknowledges Assembly’s Submissions Against Fubara

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….Gov throws jibe, describes impeachment notice as ‘love letter’

Vows to avoid actions capable of breaching peace
The office of the Rivers State Chief Judge, Justice Simeon Amadi, has received the letter from the State House of Assembly requesting him to constitute a seven-man committee to probe the allegations of gross misconduct leveled against the state Governor, Sir Siminalayi Fubara and his Deputy, Prof. Ngozi Odu.

The House of Assembly Committee Chairman on Petitions, Information and Complaints, Dr Enemi George, confirmed that the Chief Judge had acknowledged receipt of all the documents.

Also received by the CJ’s office were other documents detailing the allegations of gross misconduct against the governor and the deputy governor, copies of the Rivers State Impeachment Panel (Conduct of Investigations) Procedure 2025 and photocopies of The Nation, The Guardian and The Sun, among others.

George said: “It is important to inform the good people of Rivers State that Mr. Speaker has already complied with the Constitution and letters sent by him to the Chief Judge have been received and acknowledged.

“All relevant documents including the Notices of Allegations of Gross Misconduct were attached”.

He added: “Every step going forward, what can happen or what cannot happen is clearly stated in Section 188 of the Constitution.

“The good people of Rivers State should remain calm and should not listen to those who want to truncate our democracy.”

He commended and thanked the good people of Rivers State for their support and prayers for the 10th Assembly in particular and Rivers people at large.

The Rivers State High Court sitting in Oyigbo Local Government Area has however issued an interim injunction restraining the CJ from receiving, forwarding, considering or acting on any request, resolution, articles of impeachment or any form of communication from Speaker Martin Amaewhule and other members of the State House of Assembly for the purpose of constituting a panel to investigate the alleged misconduct against the governor and his deputy.

They just landed me a ‘love letter’, says Fubara

Governor Fubara, in a veiled reference to the impeachment notice, called it a love letter.

“This 2026 that I thought would have been the finest, they just landed me a love letter,” he said while speaking as special guest during the finals of the 2026 Port Harcourt Polo Tournament in Port Harcourt, the Rivers State capital.

He added:”That notwithstanding, we must move on and carry on the responsibilities as a government. We will continue to support everyone who means well for Rivers State.”

He vowed that he would not support, directly or indirectly, any action capable of undermining peace and safety in the state.

He insisted that the protection of lives and property remained the primary responsibility of his administration.

He emphasised that he remained the governor of the state and would continue to deliver on the promises made to the people.

Fubara expressed satisfaction that the 2026 Port Harcourt Polo Tournament was held for one week without any incident.

He described the peaceful conduct of the event as a clear indication that Rivers is safe for residents, visitors and investors.

A supporter of the governor, Amb.Chijioke Ihunwo, asked the assembly members to perform their functions independently.

He pleaded with President Tinubu to intervene on the matter, insisting that the governor had done nothing to warrant his removal.

He said: “This assembly must remain independent to allow peace to prevail in the state.

“Governor Fubara has done nothing to warrant his removal. President Tinubu should intervene in this matter as the leader of the party.”

The high powered committee set up by the Pan Niger Delta Forum (PANDEF) to reconcile the feuding sides in the Rivers imbroglio is said to be working round the clock to stop the planned impeachment.

The committee members have already met with Federal Capital Territory (FCT) Minister Nyesom Wike in Abuja and separately with Fubara and some other stakeholders.

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Alleged Arms Discovery: Malami Faces DSS Probe as EFCC Denies Victimisation

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Economic and Financial Crimes Commission (EFCC) chairman Ola Olukoyede has faulted the persecution claim by the immediate-past Attorney-General of the Federation and Minister of Justice, Mallam Abubakar Malami (SAN).

He described it as unfortunate that some Nigerians were buying into the narrative when Malami’s probe started before his appointment.

Malami is standing trial alongside some family members on 16 counts of money laundering involving about N8.7 billion.

Speaking on a national television yesterday, Olukoyede dismissed Malami’s claim of vendetta against him, saying the commission has not wavered in investigating and prosecuting those suspected to have been involved in corruption cases.

“There’s nothing like that. The particular case predated my appointment. And, I didn’t give a nod to initiate proceedings until I found that we have a water-tight investigation,” he said.

The EFCC boss denied being indicted by Justice Ayo Salami’s panel.

Olukoyede said: “I challenge those making such claims of indictment against me by Justice Ayo Salami Panel to publish the report.

“Let me tell Nigerians that the commission’s investigation panel cleared me of any wrongdoing. The presidency at the time also cleared me. Also, the law enforcement agencies handed me a clean bill.

“I can say clearly that there’s no report anywhere that I’ve been involved in any fraudulent dealings, whether as the commission’s chief of staff, secretary, and now, the chairman of the commission.”

Noting that the commission, under his watch, made notable achievements last year, he said: “Our big win in 2025 was our ability to review and revive old cases that Nigerians thought were dead.

“Some of the cases affect past governors and ministers, and many such cases are in courts.

“We were able to recover assets. Nigerians are aware of the Lokogoma assets. One major recovery was a university.”

The EFCC recovered Nok University in Kachia, Kaduna, after a court ordered its final forfeiture because it was built with stolen public funds by a former civil servant.

It was converted to the Federal University of Applied Sciences,
Immediate-Past Attorney-General of the Federation and Minister of Justice, Mallam Abubakar Malami (SAN), is facing a fresh investigation over the arms and ammunition found in his house.

Newsthumb learnt that the arms were uncovered at his Kebbi country home by the operatives of the Economic and Financial Crimes Commission (EFCC) during a search.

The anti-graft agency, it was further learnt, handed them over to the Department of State Service (DSS) for a comprehensive probe because it is not within its remit to do so.

The number of arms and ammunition could not be immediately ascertained, but it was gathered that they are high in number to attract a full DSS investigation.

Malami, who was granted bail last week along with his sons – Abdulaziz, Abiru-Rahman, and others – is still in the Kuje correctional centre, having been unable to perfect his bail conditions.

But, sources said he might be taking things slowly to stall the DSS investigation into the weapons found in his house.

“The former minister is being separately investigated for allegedly having arms in his house in Birnin Kebbi. The inventory of the shock find has been handed over to the DSS.

“It is now left to Malami to explain to the DSS how he came about the arms. That’s why he is yet to perfect his bail conditions. He is holed up in prison to avoid arrest by the DSS.

“DSS operatives are within the precincts of Kuje Correctional Service to invite Malami. He got wind of their presence and raised the alarm. But the law must take its course.”

Another source within the EFCC said Malami had yet to meet his bail conditions.

“By our records, the ex-AGF is still in custody. We saw all manners of fake clips on social media on his purported arrival and rousing reception in Kebbi State,” the source said.

The source added: “The investigation into Malami’s activities during his tenure began when former EFCC Acting Chairman Ibrahim Magu was in office.

“Investigation continued through the administration of another Acting Chairman, Ibrahim Chukkol, to the present Executive Chairman. Chukkol, who works in the agency, was in charge briefly before Olukoyede’s appointment.

“There is nothing vindictive about his investigation since 2019. It is an inherited case, and the ex-AGF knows this.”

Olukoyede confirmed that he inherited the Malami case during an interview last night on a national television.

A Federal High Court in Abuja last week ordered the interim forfeiture of 57 assets linked to Malami and his two sons.

The assets have been valued at N213, 234,120,000.

The court has, however, given Malami and the sons or any other claimant a 14-day leave to show proof that the assets were legally acquired.

Failure to present legitimate claims within 14 days may lead to the permanent loss of the assets to the Federal Government.

The court’s order was based on the invocation of the Non-Conviction Asset Forfeiture Clause in the EFCC Establishment Act.

The EFCC had applied to the Federal High Court to seize the suspicious properties in Abuja, Kano, Kaduna, and Birnin-Kebbi.

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₦213 Billion Worth of Properties Seized from Malami in Money Laundering Probe: Full List of 57 Luxury Homes and Hotels

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Presiding Judge, Justice Emeka Nwite, granted the order on Tuesday, January 6, 2026, following an ex-parte motion filed by EFCC counsel, Ekele Iheanacho (SAN).
A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and two of his sons, Abdulaziz and Abiru-Rahman Malami.

Presiding Judge, Justice Emeka Nwite, granted the order on Tuesday, January 6, 2026, following an ex-parte motion filed by EFCC counsel, Ekele Iheanacho (SAN).

The assets, valued at ₦213.2 billion, include multi-billion naira landed properties spread across Abuja, Kebbi, Kano, and Kaduna States. The court ruled that the assets are suspected to be proceeds of unlawful activity.

The 57 properties are as follows:

1. Luxury Duplex at Amazon Street, Plot No. 3011 Within Cadastral Zone, A06 Maitama; File No: AN enhancement 11352, which was purchased in December 2022 at N500, 000, 000.00 (value after enhancement at N5,950,000,000).

2. Two Winged Large Storey Building Situate at No. 3, Onitsha Crescent, Area 11,Garki, Cadastral Zone, A03, Abuja (formerly Harmonia Hotels Limited), FCT, which was purchased Dec. 2018 at N7,000,000,000.

3. Plot 683, Jabi District, Cadastral Zone B04, Comprising of a five storey Building (Now Luxurious Meethaq Hotels Ltd, Jabi with 53 rooms/suites), which was purchased in Sept. 2020 at carcass level at N850,000,000 with additional N300,000,000 to take possession (value after completion N8,400,000,000).

4. Property No. 3130 within Cadastral Zone A04, Asokoro District, FCT, Abuja, Comprising Terraces, purchased in January 2021 at N360,000,000.

5. Property No. 3 Rhine Street, Maitama, Abuja (Meethaq Hotels Limited, Maitama With 15 ROOMS), which was purchased in February 2018 at N430,000,000 (current value after rehabilitation is N12,950,000,000).

6. Plot No. 1241B, Asokoro District Zone (No. 11A Yakubu Gowon Crescent) AsokoroDistrict, which was purchased in July 2021 at N325,000,000.

7. Shop No. C82 Citiscape — Shariff Plaza, Plot 739 Cadastral Zone A07, Aminu Kano Crescent, Wuse Il, FCT, Abuja, which was purchased in March 2024 at N120,000,000.

8. No. 4 Ahmadu Bello Way, Nasarawa GRA, Kano, which was purchased in December 2022 at N300,000,000.

9. Plot 157, Lamido Crescent, Nasarawa, GRA, Kano, purchased in July 2019 with no specific amount stated.

10. A Plaza, Commercial Toilets, Laundering, Warehouse Tanks Adjacent to Birnin Kebbi Market at N100 million.

11. 100 Hectares of l;and Along Birnin Kebbi, Jega Road, which was purchased in 2020 at N100,000,000.

12. Four Bedroom Bungalow Gesse Phase, Birnin Kebbi, which was purchased in 2023 at N101,000, 000.

13. Shops Nos. A36, B3 Vegas Mall, Wuse 2, Abuja, which was purchased in July 2023 at N158,000,000.

14. No. 26, Babbi Drive, Bua Estate, Abuja, purchased in 2022 at N136,000,000.

15. No. 27, Efab Estates Avenue, 5th Avenue, 59th Crescent, Gwarimpa, Abuja, purchased in January 2016 at N120,000,000.

16. Four Bedroom/ 2 Rooms Boys Quarters at No. 10B, Doka Crescent Abakpa GRA, Kaduna, purchased in January 2018 at N40, 000, 000.00.

17. Plot No. 13, Ipent 7 Estate, Karsana District, Abuja, purchased in June 2018 at N85,000,000.

18. A Bedroom Duplex & Boys Quarters at No. 12 Yalinga Street, Off Adetokunbo Ademola Crescent, Wuse Il, Abuja, purchased in Oct. 2018 at N150,000,000.

19. Two Warehouse Shops B40 And B46, Wuse Market, Abuja, purchased in July 2020 at N50,000,000.

20. Twin Houses at Zone E, Apo Legislative Quarters, Cadastral Zone B01, Plot 14014, Gudu District, Abuja, was purchased between February and May 2017 at N250,000,000.

Properties acquired by Khadimiyya for Justice & Development Initiative at the Academic Garden City, Birnin Kebbi, sold by the Federal Housing Authority Mortgage namely.

21, 22, and 23. Nine units of three bedroom, bungalow, three units of two bedroom bungalow, and 5.4 hectares of land, which were purchased between February 2023 and September 2023 at N187,000,000, among other assets listed in the schedule.

RAYHAAN UNIVERSITY, KEBBI STATE

24. Rayhaan University Permanent Site -N56,000,000,000.00

25. Rayhaan University Temporary Site -N37,800,000,000.00

26. Rayhaan University Third Site – N2,450,000,000.00

27. Rayhaan University Vice Chancellor – N490,000,000.0

RAYHAAN AGRO ALLIED FACTORY IN KEBBI STATE

28. Factory Buildings -N4,200,000,000.00

29. Factory Machines and Plants Units -N10,500,000,000.00

30. Factory Mosque – N2,450,000,000.00

31. Rayhaan Mill Staff Quarters –

N1,487,500,000.00

32. Rayhaan Bustan Building –

N3,150,000,000.00

AZBIR ARENA KEBBI STATE

33. Azbir Hotel – N10,325,000,000.00

34. Printing Press – N1,050,000,000.00

35. Gallery –

N581,000,000.00

36. Gardens –

N392,000,000.00

37. Mosque -N252,000,000.00

38. Azbir Clothing –

N350,000,000.00

39. Azbir Pharmacy and Supermarket – N175,000,000.00

OTHER PROPERTIES HELD IN KEBBI STAT

40. Al-Afiya Energy Tanker Garage opposite Rayhaan University Health Centre, along Sani Abacha Bypass Road, Birnin-Kebbi – N2,450,000,000.00

41. Rayhaan Model Academy -N11,200,000,000.0

42. Rayhaan Primary and Secondary School –

N8,750,000,000.00

43. Rayhaan Security House, off Sani Abacha Bypass, Birnin Kebbi –

N245,700,000.00

44. Rayhaan Radio along Sani Abacha, Bypass Road, Birnin, Kebbi – N245,700,000.00

45. Uncompleted 2 Storey Complex Plaza located opposite Central Motor Park, (Eastern Park) Birnin Kebbi – N78,750,000.00

46. Amasdul Oil and Gas Ltd filling station Structure along Sani Abacha Bypass, Road, Birnin Kebbi near Jambali Automobile Workshop, Birnin Kebbi – N665,000,000.00

47. Malami Support Organization Building –

N210,000,000.00

48. ADC Kadi Malami Foundation Building – N56,000,000.00

49. Abubakar Malami SAN’s House GRA – N350,000,000.00

50. Abubakar Malami SAN’s House Behind Mobil – N490,000,000.00

51. Abdulaziz Malami (First Son’s House) at Gesse Phase II in Birnin Kebbi – N1,659,000,000.00

52. Abiru-Rahman Abubakar Malami (Second Son’s House) at Gesse Phase II in Birnin-Kebbi – N2,989,000,000.00

PROPERTIES IN KANO

53. Assets of Zeennoor Hotel at Kabuga Satellite Town, off Gwarzo Road, Kano with 131 rooms –

N11,200,000,000.00

54. Zeennoor Mosque at Kabuga, Satellite Town, off Gwarzo Road, Kano – N84,000,000.00

55. Zeennor Old Hotel Building -N280,000,000.00

56. Rayhaan Hotel, Kano Located at Plot 27/28 Opp-Aminu kano Teaching Hospital, Southern Kano (Land And Luxurious Building of more than 50 rooms, with appurtenances- N2,240,000,000.00

57. Rayhaan Gym, Kano House Comprising of a Storey Building Opposite Rayhaan Hotel – N1,225,000,000.00

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