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 discovered during the commission’s probe of el-Rufai’s tenure as governor.
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, the capital of 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.
Meanwhile, apartments in Cairo Festival City have a price tag of around $500,000 each.
Sources privy to the ICPC’s investigation informed TheCable that the real estate assets in the North African country were purchased between 2021 and 2023.
El-Rufai was the governor of Kaduna during the reported period of acquisition.
| S/N | PROPERTY | LOCATION | QUANTITY | HOUSE NOs |
| 1 | VILLA | ARABILLA ESTATE, 5TH SETTLEMENT AREA, NEW CAIRO, EGYPT | 1 | 113 |
| 2 | VILLA | BANAFSIK ESTATE, FIRST SETTLEMENT AREA, NEW CAIRO. EGYPT | 1 | 18 |
| 3 | VILLA | ORIANA II, NEW CAIRO, (NEAR AMERICAN UNIVERSITY) EGYPT | 1 | 11 |
| 4 | APARTMENT | CAIRO FESTIVAL CITY, NEW CAIRO, EGYPT | 4 | 514,515,516 & 517 |
| 5 | APARTMENTS | ORIANA ESTATE, NEW CAIRO, EGYPT | 2 | 4000 & 4100 |
‘I DON’T NEED MANSIONS, BIG HOUSES’
In a 2023 interview in Hausa, el-Rufai had said that, unlike some people, he “didn’t syphon the money to Dubai and buy houses or go to Jabi Road and build a mansion”.
Then, serving out his second term as Kaduna governor, el-Rufai had boasted of having only one house, saying he did not need mansions or big houses.
“We aren’t like such people. I became the Governor of Kaduna State with only one house located at Danja Street in Unguwan Sarki, Kaduna,” Daily Trust quoted him as saying.
“I have completed my tenure, Alhamdulillah…that is my only house. I don’t have any other house. I didn’t build a mansion. I don’t even need it.”
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