Abubakar Malami.webp
The Digest:

The Federal Government has filed a 16-count money laundering charge against former Attorney-General and Minister of Justice, Abubakar Malami SAN, his son Abubakar Abdulaziz Malami, and an employee of Rahamaniyya Properties. The charges, filed at the Federal High Court in Abuja, allege the concealment of illicit funds totalling billions of naira through property acquisitions and corporate accounts.

Key Points:
  • Abubakar Malami and his son face 16 counts of money laundering in the Abuja Federal High Court.
  • They are accused of concealing over N1.01 billion through Metropolitan Auto Tech Limited.
  • Another charge involves disguising N600 million in a Sterling Bank account.
  • The case includes allegations of using N500 million to purchase a luxury duplex in Maitama.
  • Other counts cite concealment of N1.049 billion through Meethaq Hotels Ltd.
  • Properties worth billions linked to Malami have been identified by the prosecution.
  • The charges cite violations of the Money Laundering (Prevention and Prohibition) Act.
This prosecution marks a dramatic legal turn, a former chief law officer now facing the same statutes he once oversaw, testing Nigeria’s commitment to accountability at the highest levels of power.

Sources: The Cable, Premium Times