Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and his son, Abubakar Abdulaziz Malami, alongside associate Hajia Bashir Asabe, were arraigned today at the Federal High Court in Abuja on multiple counts of money laundering involving alleged illicit funds exceeding ₦200 billion.
The Economic and Financial Crimes Commission (EFCC) brought a 16-count charge against the defendants, accusing them of conspiracy to conceal and launder proceeds of unlawful activities between 2015 and 2025—covering Malami's tenure in the previous administration.
The charges centre on the use of companies such as Metropolitan Auto Tech Limited, Rahamaniyya Properties Ltd, and Meethaq Hotels Ltd to disguise the origins of massive sums, including:
Concealing ₦1.014 billion in bank transactions.
Acquiring luxury properties in premium districts of Abuja, Kano, and Kebbi with suspected illicit funds.
Malami, who has been in EFCC custody since early December, appeared in court alongside the co-defendants before Justice Emeka Nwite.
The former minister has maintained his innocence, labelling the case as politically driven. The trial is set to proceed, with the EFCC vowing thorough prosecution.
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