Anti-graft probe links el-Rufai to multi-million-dollar Cairo real estate

Anti-graft probe links el-Rufai to multi-million-dollar Cairo real estate

Nigeria’s anti-corruption agency, the ICPC, has reportedly traced six luxury real estate assets in Cairo, Egypt, to former Kaduna governor Nasir el-Rufai as part of an ongoing probe into his tenure.

Nigeria’s anti-corruption agency, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has reportedly linked six real estate assets in Egypt to Nasir el-Rufai, the former governor of Kaduna State. TheCable understands that the properties were uncovered during the commission’s ongoing investigation into el-Rufai’s tenure in office.

El-Rufai is yet to react to the allegations but has continued to maintain his innocence since his arrest, alleging that he is being persecuted for his political choices. All the assets — three villas and six apartments — are said to be located in highbrow estates and areas in Cairo, Egypt.

Based on checks by TheCable, villas in Arabilla Estate and Banafsik Estate, both in New Cairo, are sold for between $1,000,000 and $1,300,000, while apartments in Cairo Festival City have a price tag of around $500,000 each. Sources familiar with the ICPC investigation said the properties were purchased between 2021 and 2023, a period when el-Rufai served as governor of Kaduna State.

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