EFCC
Malami Asks Court to Lift EFCC’s Interim Forfeiture Order on Three Properties
Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, has asked the Federal High Court sitting in Abuja to set aside an interim forfeiture order placed on three properties by the Economic and Financial Crimes Commission (EFCC).
Malami is challenging the anti-graft agency over three properties listed as Nos. 9, 18, and 48 among 57 assets temporarily forfeited to the Federal Government following an ex parte application granted on January 6, 2026.
The disputed properties include Plot 157, Lamido Crescent, Nasarawa GRA, Kano, acquired on July 31, 2019; a four-bedroom duplex with boys’ quarters located at No. 12, Yalinga Street, Wuse II, Abuja, reportedly purchased in October 2018 for ₦150 million; and the ADC Kadi Malami Foundation Building, said to have been acquired for ₦56 million.
Justice Emeka Nwite, sitting as a vacation judge, had ordered the interim forfeiture of the 57 properties suspected to be proceeds of unlawful activities allegedly linked to Malami. The order followed an ex parte motion moved by EFCC counsel, Ekele Iheanacho, SAN.
The court also directed the EFCC to publish the forfeiture order in a national newspaper, inviting interested parties to show cause within 14 days why the properties should not be permanently forfeited.
However, in a motion on notice filed on his behalf by a legal team led by Joseph Daudu, SAN, Malami accused the EFCC of securing the interim order through suppression of material facts and misrepresentation.
The former AGF argued that the forfeiture proceedings violated his fundamental rights, including his right to property, the presumption of innocence, and the peaceful enjoyment of his family life. He urged the court to dismiss the suit to prevent what he described as duplicative litigation and the risk of conflicting decisions.
Malami is seeking an order setting aside the interim forfeiture as it relates to the three properties, insisting that they were fully disclosed in his asset declaration forms throughout his tenure as a public officer. He also asked the court to restrain the EFCC from interfering with his ownership, possession, or control of the properties pending the determination of the suit.
In a 14-point argument, Daudu contended that the EFCC failed to establish prima facie evidence linking the properties to any unlawful activity or specific offence.
He disclosed that properties listed as Nos. 9 and 18 were declared to the Code of Conduct Bureau (CCB) in Malami’s asset declaration forms for 2019 and 2023, respectively.
According to the defence, property No. 48 is held in trust by Malami for the estate of his late father, Kadi Malami.
“These assets, their values, and their root of title have been clearly stated and demonstrated in the asset declaration forms spanning from 2019 to 2023,” Daudu told the court, adding that the declarations constitute prima facie evidence of lawful ownership.
The matter is expected to continue as the court considers Malami’s application to discharge the interim forfeiture order.
EFCC
FBI Commends Olukoyede, EFCC for Support in Tackling Sextortion, Cybercrime
The Federal Bureau of Investigation (FBI) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, and the Commission for their efforts and vital role in Operation Artemis, a joint international effort to disrupt financially motivated sextortion networks targeting minors.
The commendation was conveyed in a letter signed by FBI Director Kash Patel, who praised the Commission for its collaboration with the Bureau in the arrest and extradition of suspects facing federal charges in the United States.
In the letter addressed to Olukoyede, Patel acknowledged the Commission’s contribution to the operation, stating that “the Economic and Financial Crimes Commission, EFCC, has played a vital role in Operation Artemis, a joint effort focused on disrupting financially motivated sextortion rings targeting juveniles.”
He said that, under Olukoyede’s leadership, the EFCC designated personnel to support the investigations and facilitate the transfer of suspects from Nigeria to face prosecution in the United States.
Specifically, the FBI Director commended the EFCC for apprehending Adebola Festus Adekunle and Mudashiru Afeez Olawale, who were indicted in the United States in 2023 over allegations relating to the sexual exploitation and extortion of minors.
The two suspects were extradited to the United States in August 2026, with the EFCC facilitating the process following investigations and extradition proceedings. They are facing federal charges relating to sexual exploitation in cases involving the deaths of minors.
Patel noted that the successful outcome of the cases would not have been possible without the EFCC’s assistance and commitment to international law enforcement cooperation.
“The successful outcome of these cases would not have been possible without your assistance and dedication to international law enforcement collaboration,” he said.
The FBI Director further expressed appreciation to Olukoyede and the Commission for their commitment to justice and continued cooperation, while expressing optimism about strengthening the partnership between both agencies.
“Please accept my sincere appreciation for your commitment to justice and steadfast cooperation. I look forward to the continued partnership with the EFCC,” he stated in the letter.
The extradition of Adekunle and Olawale followed FBI investigations into separate sextortion schemes targeting male minors in the United States. The investigations linked the alleged activities to two teenage victims who died by suicide after being subjected to online sexual exploitation and extortion.
EFCC
EFCC Photo News
The Japanese Ambassador-Designate to Nigeria, His Excellency, Hideo Suzuki Paid a Courtesy Visit to the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede in his office today, October 28, 2026. He was accompanied on the visit by First Secretary, Security, Yuji Murakami and Senior Information Analyst, Dogara Ankut.


EFCC
₦2.7bn Fraud: Court Jails Former Banker for 39 Years
Justice O. O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, October 27, 2026, sentenced a former banker, Christopher Jackson Edeh, to a total of 39 years’ imprisonment for his involvement in a ₦2.7 billion fraud prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC).
Edeh, who was arraigned on February 28, 2024, faced nine counts bordering on fraudulent false accounting and unauthorised access to a computer system.
The charges alleged that he altered the bank account details of several customers and government-related entities, including the Kano State Government Power Intervention Fund, NNPC Trading Limited, Stallion Vision Ltd, the Lagos State Government Blue Line, the State Contributory Pension Account and Chukwuemeka Odumegwu Ojukwu University, with intent to defraud.
During the trial, prosecuting counsel, Z. B. Atiku, called three witnesses and tendered several documents in evidence to establish the case against the defendant. The defence, in turn, called one witness.
In her judgment, Justice Abike-Fadipe held that the prosecution had proved its case beyond reasonable doubt and consequently convicted Edeh on all nine counts.
The court sentenced him to five years’ imprisonment without an option of fine on each of counts one to seven, bordering on fraudulent false accounting, and two years’ imprisonment without an option of fine on each of counts eight and nine, relating to unauthorised access to a computer system with intent to facilitate the commission of crimes.
The court ordered that all the sentences run concurrently.
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