The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reportedly traced several real estate properties in Egypt to former Kaduna State governor, Nasir el‑Rufai, as part of an ongoing investigation into his tenure in office.
According to reports, the properties were discovered during the commission’s probe into alleged financial impropriety during el‑Rufai’s time as governor between 2015 and 2023.
Sources familiar with the investigation said the assets include three villas and six apartments located in high‑end areas of Cairo, Egypt’s capital. The properties are said to be situated in estates such as Arabilla Estate, Banafsik Estate, Oriana Estate, and Cairo Festival City in New Cairo.
Checks indicate that villas in some of these estates sell for between $1 million and $1.3 million, while apartments in Cairo Festival City are valued at about $500,000 each. Investigators reportedly believe the properties were acquired between 2021 and 2023, while el‑Rufai was still serving as governor of Kaduna State.
The ICPC is currently investigating the former governor over alleged financial misconduct during his administration. He has been in the commission’s custody since February following earlier questioning by security agencies, including the Economic and Financial Crimes Commission (EFCC) and the Department of State Services (DSS).
El‑Rufai has denied wrongdoing and insists the investigation is politically motivated, claiming he is being targeted because of his political affiliations.
Meanwhile, the former governor has taken legal action against the ICPC, challenging the search of his Abuja residence and seeking N1 billion in damages, which he says is for unlawful invasion and violation of his fundamental rights.
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