EFCC Boss Links Abandoned Abuja Estates to Corrupt Civil Servants, Vows Crackdown

• Speaking at a policy dialogue in Abuja, Olukoyede disclosed that several estates, some left untouched for over a decade, were built by civil servants who diverted government resources.

• He also issued a stern warning to lawyers and real estate developers, cautioning them against aiding individuals involved in money laundering schemes.

Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has raised concerns over the growing number of abandoned estates in Abuja, revealing that many of them were funded through embezzled public funds.

Speaking at a policy dialogue in Abuja, Olukoyede disclosed that several estates, some left untouched for over a decade, were built by civil servants who diverted government resources. He explained that after leaving office, many of these individuals could no longer maintain the properties, leading to abandonment and investor withdrawal.

In response, the EFCC has launched a special team tasked with identifying the true owners of these properties. Olukoyede confirmed that the agency has already filed for the forfeiture of about 15 estates and warned that more clampdowns are underway, backed by new intelligence.

He also issued a stern warning to lawyers and real estate developers, cautioning them against aiding individuals involved in money laundering schemes.