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The Traffic NG

A court has ordered the forfeiture of a university and 47 other assets allegedly linked to former Attorney-General of the Federation, Abubakar Malami, in a major anti-corruption development.

The ruling, delivered in Abuja, followed an application by the Economic and Financial Crimes Commission (EFCC), which argued that the assets were acquired through proceeds of unlawful activities.

The forfeited properties reportedly include landed assets, luxury residences and business investments spread across different parts of the country.

EFCC officials said the court order represents a significant step in the agency’s efforts to recover illicit assets and promote accountability in public service.

“This action underscores our commitment to fighting corruption and ensuring that no one is above the law,” an EFCC spokesperson said.

Details of the university linked to the case were not immediately disclosed, but sources indicated that investigations had been ongoing for several months.

Legal experts say asset forfeiture is a critical tool in anti-corruption efforts, as it deprives individuals of the benefits of illegal activities. However, they noted that such cases often involve lengthy legal processes.

The development has sparked reactions from various quarters, with some stakeholders calling for transparency and due process in the handling of the case.

Supporters of the anti-corruption drive argue that the move will deter public officials from engaging in corrupt practices. Others have cautioned against politicisation of such cases.

The EFCC has reiterated its commitment to pursuing all cases of financial misconduct, regardless of the individuals involved.

The court’s decision is expected to have far-reaching implications for ongoing anti-corruption efforts in Nigeria, as authorities continue to clamp down on illicit wealth.