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ICPC Traces Alleged Multi-Million Dollar Properties in Egypt to El-Rufai

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Abuja — The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reportedly traced several luxury properties in Egypt to former Kaduna State governor, Nasir Ahmad El‑Rufai, as part of an ongoing corruption investigation into his administration.

According to sources cited by TheCable, investigators identified three villas and six apartments in upscale neighbourhoods of Cairo allegedly linked to the former governor.

The properties are said to be located in high-end estates in Cairo, including Arabella Estate, Banafsik Estate, Oriana Estate and Cairo Festival City, areas known for luxury residential developments.

Sources familiar with the probe told the online newspaper that the assets were uncovered during an ICPC investigation into alleged financial misconduct during El-Rufai’s tenure as Kaduna State governor from 2015 to 2023.

Property market estimates cited in the report suggest that villas in some of the estates are valued at between $1 million and $1.3 million, while apartments in developments such as Cairo Festival City could sell for around $500,000 each.

Investigators are also said to be reviewing documents indicating the properties may have been acquired between 2021 and 2023, towards the end of El-Rufai’s second term in office.

As of the time of the report, El-Rufai had not publicly responded to the specific claims about the alleged Egyptian properties.

Nasir Ahmad El‑Rufai

However, the former governor has repeatedly denied allegations of corruption linked to his administration. In previous public comments, he maintained that he owns only a modest residence in Kaduna and has not acquired luxury properties abroad.

The investigation comes amid earlier allegations by the Kaduna State House of Assembly, which accused officials of the previous administration of financial irregularities and recommended that anti-corruption agencies conduct further investigations.

El-Rufai has challenged aspects of the investigation in court, arguing through his lawyers that some actions taken by investigators violated his constitutional rights.

The ICPC has not issued an official statement detailing the alleged Egyptian properties, and the claims are based on information from sources familiar with the investigation.

No court has yet decided regarding the ownership of the properties or any alleged wrongdoing.

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