Court Admits Evidence in Malami's N8.7bn Money Laundering Case

The Federal High Court in Abuja admitted bank documents as evidence in the ongoing N8.7 billion money laundering trial involving Abubakar Malami, the former Attorney General of the Federation, his wife Asab Bashir, and their son Abubakar Abdulaziz Malami. The Economic and Financial Crimes Commission (EFCC) presented Munawwarah Salisu, a compliance officer from Jaiz Bank PLC, as the fifth prosecution witness.

During her testimony, Salisu detailed various transactions, including cash deposits and transfers linked to accounts associated with Alkausar Farm. Notable transactions included a cash deposit of N1 million by Hassan Aliyu on June 13, 2018, and multiple transfers totaling N50 million from Sahad Store Limited.

The court was informed that the Nigerian Financial Intelligence Unit (NFIU) monitors suspicious activities related to these accounts. Following cross-examination, Justice Joyce Abdulmalik adjourned the matter until July 17 for further proceedings.