The Economic and Financial Crimes Commission (EFCC) onTuesday arraigned Abubakar Malami, former attorney-general of the federation,over allegations bordering on money laundering. Malami was arraigned before a federal high court in Abuja onTuesday alongside his son, Abubakar Abdulaziz Malami, and his wife, BashirAsabe, on a 16-count charge.All defendants pleaded not guilty to the charge before EmekaNwite, presiding judge.Here are the 16 counts as filed by the EFCC. COUNT 1That you ABUBAKAR MALAMI SAN, and ABUBAKARABDULAZIZ MALAMI between July 2022 and June, 2025 in Abuja within thejurisdiction of this Honourable Court did procure METROPOLITAN AUTOTECH LIMITED to conceal the unlawful origin of the total sum of N1,014, 848, 500.00 (One Billion, Fourteen Million, Eight Hundred and FortyEight Thousand, Five Hundred Naira) in the Sterling Bank PlcAccount No. 0079182387 when you reasonably ought to have known that the saidsum formed proceeds of unlawful activities and you thereby committed an offencecontrary to Section 21(c) of the Money Laundering (Prevention and Prohibition)Act 2022 and punishable under section 18(3) of the same Act.COUNT 2 That you ABUBAKAR MALAMI SAN whilst beingthe Attorney General of the Federation, and ABUBAKAR ABDULAZIZMALAMI between September 2020 and February, 2021 in Abuja within thejurisdiction of this Honourable Court did procure METROPOLITAN AUTOTECH LIMITED to conceal the unlawful origin of the total sum of N600,013, 460.4 (Six Hundred Million, Thirteen Thousand, Four Hundred and SixtyNaira, Four Kobo) in the Sterling Bank Plc Account No. 0079182387 whenyou reasonably ought to have known that the said sum formed proceeds ofunlawful activities and you thereby committed an offence contrary to Section18(c) of the Money Laundering Prohibition Act 2011 as amended by Act No. 1 of2012) and punishable under section 15(3) of the same ActCOUNT 3That you ABUBAKAR MALAMI SAN whilst beingthe Attorney General of the Federation and ABUBAKAR ABDULAZIZ MALAMI sometimein March, 2021 in Abuja within the jurisdiction of this Honourable Court didretain the total sum of N600, 000, 000.00 (Six Hundred Million Naira) in METROPOLITANAUTO TECH LIMITED as cash collateral for a loan of N500,000,000.00 grantedto RAYHAAN HOTELS LTD by Sterling Bank Plc when you reasonablyought to have known that the said cash collateral of N600,000, 000.00 wereproceeds of unlawful activities and you thereby committed an offence contraryto Section 18(c) of the Money Laundering Prohibition Act 2011 as amendedpunishable under section 15(3) of the same ActCOUNT 4 That you ABUBAKAR MALAMI SAN whilst beingthe Attorney General of the Federation, ABUBAKAR ABDULAZIZ MALAMI,and HAJIA BASHIR ASABE an employee of RahamaniyyaProperties Ltd sometime in November, 2022 in Abuja within the jurisdiction ofthis Honourable Court did indirectly disguise the unlawful origin of theaggregate sum of N500, 000, 000.00 (Five Hundred Million Naira)paid to Efab Properties Ltd paid for purchase of propertyknown as luxury duplex at Amazon street, Plot No. 3011 within CadastralZone A06 Maitama District, Abuja in favour of ABUBAKARMALAMI SAN when you reasonably ought to have known that the said N500,000, 000.00 (Five Hundred Million Naira) formed proceed of unlawfulactivity and you thereby committed an offence contrary to section 18(2) (a) andpunishable under section 18(3) of the Money Laundering (Prevention andProhibition) Act, 2022.COUNT 5That you ABUBAKAR MALAMI SAN, ABUBAKARABDULAZIZ MALAMI, and HAJIA BASHIR ASABE an employeeof Rahamaniyya Properties Ltd sometimes in September 2024 in Abuja within thejurisdiction of this Honourable Court conspired to disguise the unlawful originof the aggregate sum of N1, 049, 173, 926. 13 (One Billion, Forty-NineMillion, One Hundred and Seventy-Three Thousand, Nine Hundred and Twenty-sixNaira, Thirteen Kobo) paid through the Union Bank Plc account of MeethaqHotels Ltd Jabi savings Account No. 0179011105 between November 2022and September 2024 and you thereby committed an offence contrary to section 21of the Money Laundering (Prevention and Prohibition Act) 2022 and punishableunder section 18(2) (a) and (3) of the same Act.COUNT 6 That you ABUBAKAR MALAMI SAN, and ABUBAKARABDULAZIZ MALAMI between November 2022 and October, 2025 indirectlytook control of the aggregate sum of N1, 362, 887, 872.96 (OneBillion, Three Hundred and Sixty Two Million, Eight Hundred and Eighty SevenThousand, Eight Hundred and Seventy Two Naira, Ninety Six Kobo paidthrough the savings account of Meethaq Hotels Ltd in UnionBank Plc when you reasonably ought to have known that the said funds formedproceeds of unlawful activity and you thereby committed an offencecontrary to section 18(2) (d) and punishable under section 18(3) of the MoneyLaundering (Prevention and Prohibition) Act, 2022.COUNT 7 That you ABUBAKAR MALAMI SAN whilst beingthe Attorney General of the Federation and HAJIA BASHIR ASABE anemployee of Rahamaniyya Properties Ltd sometimes betwee
Don't miss out on breaking stories and in-depth articles.
