The anti-graft agency is seeking the permanent forfeiture of the properties, arguing they are suspected proceeds of unlawful activities.
During the hearing on May 26, EFCC counsel Jibrin Okutepa (SAN) urged the court to grant the application, arguing that Malami and the other respondents failed to prove the assets were lawfully acquired.
However, Malami’s counsel, Adedayo Adedeji (SAN), asked the court to dismiss the application, insisting the EFCC relied on suspicion rather than evidence. He argued that the respondents had shown the properties were legitimately acquired, with some purchased before Malami assumed office.
Adedeji also maintained that the commission improperly relied on extrajudicial evidence and urged the court to reject the forfeiture request.
The judgment, initially fixed for July 6, was first shifted before being adjourned again to July 15.
