Plus234Feed

Malami's N8.7bn Money Laundering Trial Adjourned Again

Malami's N8.7bn Money Laundering Trial Adjourned Again

The Federal High Court in Maitama, Abuja, presided over by Justice Joyce Abdulmalik, has adjourned the trial of former Attorney General of the Federation, Abubakar Malami, until June 23, 2026. Malami, alongside his wife Hajia Bashir Asab and son Abubakar Abdulaziz Malami, faces 16 counts of money laundering involving N8,713,923,759.49.

The charges include conspiracy, procuring, disguising, concealing, and laundering proceeds of unlawful activities, contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act 2022. During the proceedings, prosecuting counsel J.S.

Okutepa informed the court of a letter seeking an adjournment due to the absence of the lead defense counsel. The defense did not oppose the adjournment but emphasized the need to avoid further delays, noting that several adjournments had already been requested.

Justice Abdulmalik granted the adjournment, citing the absence of the lead defense counsel as a valid reason.

Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.

Read full article

Continue on Politics Nigeria

Visit
Share