Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Anxiety Mounts Over Sudden Recall of Land Dispute Case File by Lagos CJ

    April 20, 2026

    Alleged Money Laundering: Court Admits More Exhibits Against Ex-AGF Malami, Son, Wife

    April 20, 2026

    Retired Police Officers Block Presidential Villa Gate Over Pension Scheme

    April 20, 2026
    Facebook X (Twitter) Instagram
    • Disclaimer
    • Terms of Use
    • Privacy Policy
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Naijafacts.com
    SUBSCRIBE
    Naijafacts.com
    Home»Judiciary»Alleged Money Laundering: Court Admits More Exhibits Against Ex-AGF Malami, Son, Wife
    Judiciary

    Alleged Money Laundering: Court Admits More Exhibits Against Ex-AGF Malami, Son, Wife

    Staff EditorBy Staff EditorApril 20, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Justice Joyce Abdulmalik of the Federal High Court sitting in Maitama, Abuja, on Monday admitted nine exhibits against a former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, alongside his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami.

    The exhibits were tendered before the court by the Economic and Financial Crimes Commission (EFCC) in its ongoing trial of the former AGF, his son, and wife.

    The anti-graft agency is prosecuting the defendants on an amended 16-count charge bordering on conspiracy, procuring, disguising, concealing, and laundering proceeds of unlawful activities to the tune of ₦8,713,923,759.49, contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.

    The exhibits, which are documentary evidence, were tendered through the fourth prosecution witness (PW4), a compliance officer with Zenith Bank Plc, Mashelia Arhyel Bata, while being led in evidence by the prosecution counsel, Jibrin Okutepa, SAN.

    The witness told the court that, in the course of his official duties, he received correspondence from the EFCC requesting documents relating to several accounts linked to the defendants and associated entities.

    He said, as a compliance officer with Zenith Bank, Maitama Branch, his duties include receiving correspondence from law enforcement agencies and responding accordingly.

    PW4 further disclosed that the bank complied with EFCC’s requests by providing both soft and hard copies of documents relating to accounts belonging to the defendants and companies such as Rayhaan Hotels Limited, Rayhaan Bustan Agro Allied Limited, Nashab Limited, Golden Age Global Ventures, and Rahamaniyya Properties Limited.

    He told the court that the documents are nine in number and that he can identify them when presented in court.

    Upon an application by the prosecution counsel, the court admitted the documents, dated between July 19, 2024, and March 12, 2026, as Exhibits D1 to D9, despite an initial objection by defence counsel, Joseph Daudu, SAN, who noted that the dates fall within March.

    Continuing his testimony under further examination by prosecution counsel, Ekele Iheanacho, SAN, the witness provided details of transactions contained in the exhibits.

    He identified Exhibit D1 as containing account opening documents and statements for accounts belonging to Abubakar Malami and A.A. Malami & Co, including a naira account and a dollar account.

    According to him, the statement of account for one of the accounts covered the period from January 1, 2012, to December 31, 2023, and confirmed that the accounts were active between 2015 and 2023, noting that “there were transfers within that period.”

    The witness further revealed that total credits into one of the accounts stood at ₦383,637,021.55 between January 1, 2016, and December 31, 2023, while total credits from January 1, 2012, to December 31, 2015, amounted to ₦560,506,465.12.

    On debits, he stated that ₦384,322,120.85 was recorded between 2016 and 2023, while ₦571,891,174.08 was debited between 2012 and 2015.

    Providing a further breakdown of transactions, the witness told the court that on November 11, 2020, the account received ₦194,791,608.00 from New Horizons Limited, and on June 24, 2022, it received ₦622,500,000.00 from Rayhaan Bustan Agro Allied Limited.

    He added that on July 1 and July 7, 2022, the account received ₦250,000,000.00 each from Rayhaan Hotels Limited, while on December 22, 2022, there was an inflow of ₦500,000,000.00 linked to Rayhaan Bustan Agro Allied Limited.

    Continuing in that format, the witness identified several other transactions running into billions of naira.

    Following the testimony, defence counsel, Joseph Daudu, SAN, sought an adjournment to enable him study the exhibits and prepare for cross-examination.

    Justice Joyce Abdulmalik subsequently adjourned the matter until May 13, 2026, for the cross-examination of the fourth prosecution witness.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Staff Editor
    • Website

    Related Posts

    Anxiety Mounts Over Sudden Recall of Land Dispute Case File by Lagos CJ

    April 20, 2026

    Emefiele Trial: EFCC Insists Omoile’s Statement Was Voluntary

    April 20, 2026

    Court to Rule May 4 on Admissibility of Co-Defendant’s Statement in Emefiele Trial

    April 17, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

    September 26, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025

    Tinubu sets 7% annual growth target by 2027

    August 14, 2025

    Owo church massacre: Five suspects arraigned in Abuja

    August 11, 2025
    Don't Miss

    Anxiety Mounts Over Sudden Recall of Land Dispute Case File by Lagos CJ

    By Staff EditorApril 20, 2026

    A sudden move by the Lagos State Chief Judge, Justice Kazeem Alogba, to withdraw and…

    Alleged Money Laundering: Court Admits More Exhibits Against Ex-AGF Malami, Son, Wife

    April 20, 2026

    Retired Police Officers Block Presidential Villa Gate Over Pension Scheme

    April 20, 2026

    Diezani Points to Benedict Peters, Kola Aluko Over Luxury Asset Claims

    April 20, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us

    NaijaFacts – Your daily pulse on entertainment, celebrity gossip, music, film, and pop culture. We bring you trending stories, exclusive highlights, and the latest buzz from Hollywood to Nollywood and everywhere in between. Stay tuned, stay entertained.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Anxiety Mounts Over Sudden Recall of Land Dispute Case File by Lagos CJ

    April 20, 2026

    Alleged Money Laundering: Court Admits More Exhibits Against Ex-AGF Malami, Son, Wife

    April 20, 2026

    Retired Police Officers Block Presidential Villa Gate Over Pension Scheme

    April 20, 2026
    Most Popular

    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

    September 26, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025

    Tinubu sets 7% annual growth target by 2027

    August 14, 2025
    © 2026 Naijafacts.com

    Type above and press Enter to search. Press Esc to cancel.