Former Attorney-General of the Federation, Abubakar Malami (SAN), has informed the Federal High Court in Abuja that he legitimately earned hundreds of millions of naira in salaries and several billions from private businesses, gifts and other sources, as he seeks to vacate an interim court order authorising the seizure of 57 properties linked to him.
Malami made the disclosure through his lawyer, Joseph Daudu (SAN), in a motion on notice filed before the court. The application urges the court to set aside the interim order affecting three of the 57 properties earlier seized by the Economic and Financial Crimes Commission (EFCC) and slated for forfeiture to the Federal Government.
According to the motion, Malami had fully disclosed his sources of income in his asset declaration submitted to the Code of Conduct Bureau (CCB).
The breakdown of his declared income includes ₦374,630,900 earned from salaries, estacodes, severance allowances and other official entitlements. He also reported ₦574,073,000 generated from the disposal of assets.
The former attorney-general further declared a business turnover of ₦10,017,382,684, as well as ₦2.522 billion issued as loans to various businesses.
In addition, Malami stated that he received ₦958 million as traditional gifts from personal friends. He also disclosed ₦509,880,000 earned from the launch and public presentation of his book titled “Contemporary Issues on Nigerian Law and Practice, Thorny Terrains in Traversing the Nigerian Justice Sector: My Travails and Triumphs.”
Malami is asking the court to consider these disclosures in setting aside the interim forfeiture order, insisting that the properties in question were acquired through lawful means.