EFCC Presents Evidence Against Malami Family in Fraud Case

The Economic and Financial Crimes Commission (EFCC) tendered nine exhibits against former Attorney General of the Federation, Abubakar Malami, his wife Hajia Bashir Asab, and son Abubakar Abdulaziz Malami, in a trial concerning alleged fraud amounting to N8.7 billion. They face 16 counts of criminal charges, including conspiracy, money laundering, and corruption, violating the Money Laundering (Prevention and Prohibition) Act 2022.

During the proceedings led by prosecuting counsel Jibrin Okutepa, the court admitted documents related to several accounts linked to the defendants, including those belonging to Rayhaan Hotel Limited and Rayhaan Bustan Agro Allied Limited. The documents revealed significant financial transactions, including inflows of hundreds of millions of naira between 2012 and 2023.

Defense counsel Joseph Daudu requested an adjournment to prepare for cross-examination of the evidence. The trial is set to continue on May 13, 2026.