Investigators with the Independent Corrupt Practices and Other Related Offences Commission are reportedly examining several high-value properties in Egypt allegedly linked to former Kaduna State governor Nasir El-Rufai.
Sources within the anti-graft agency said the properties, believed to be worth billions of naira, were allegedly acquired between 2021 and 2023 and are located in luxury districts of New Cairo, an upscale suburb of Cairo.
The estates reportedly under investigation include Arabella Estate, Banafsek Estate, Oriana Estate, and Cairo Festival City.
Investigators say villas in these developments can sell for between 50 million and 200 million Egyptian pounds, while luxury apartments may cost around 26 million Egyptian pounds.
Among the properties reportedly being examined is a villa said to be located in Arabella Estate in the Fifth Settlement district of New Cairo. Another villa allegedly linked to the former governor is said to be located in Banafsek Estate in the First Settlement area, while a property in Oriana II Estate near the American University in Cairo is also under review.
Authorities are also examining several apartments in Cairo Festival City, along with additional units within Oriana Estate.
An official involved in the probe said investigators are analysing intelligence reports and tracing ownership structures connected to the assets, including property registries and financial transactions.
Officials noted that the investigation requires diplomatic and legal procedures because the assets are located outside Nigeria. Efforts to obtain comments from El-Rufai’s family were unsuccessful, while the commission has not yet issued an official statement on the matter.
