The Economic and Financial Crimes Commission (EFCC) will on Tuesday arraign former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), before the Federal High Court in Abuja over alleged money laundering involving ₦8.7 billion.
Okay News reports that Malami was docked alongside his son, Abubakar Abdulaziz Malami, and an associate, Hajia Bashir Asabe, on a 16-count charge bordering on conspiracy, concealment of funds, and unlawful acquisition of properties.
The EFCC accused the defendants of laundering proceeds of unlawful activities through multiple bank accounts, corporate entities, and high-value real estate transactions between 2015 and 2025, largely during Malami’s tenure as Nigeria’s chief law officer. The commission alleged that billions of naira were funneled through companies linked to the defendants and used to acquire luxury properties across Abuja and other locations.
The anti-graft agency said the alleged offences contravene provisions of Nigeria’s Money Laundering laws and listed investigators, bank officials, and company representatives among its witnesses. The case is expected to continue as the court takes the defendants’ pleas and fixes further hearing dates.
