Malami's Hotel Accounts Linked to Millions in Transfers

During the trial of former Attorney General Abubakar Malami at the Federal High Court in Abuja, witnesses detailed substantial financial inflows to the accounts of Meethaq Hotel Ltd, linked to Malami. Simon Kwayim, a compliance officer at Union Bank, testified that the bank received a request from the Economic and Financial Crimes Commission (EFCC) in December 2025 to provide account details for the hotel.

The testimony revealed multiple transfers to the hotel account, including N14 million and N24 million on February 5 and March 4, 2024, respectively, and a total of N12.5 million on May 3, 2024. Asab Bashir was identified as the sole signatory of the hotel account, and Malami's wife was pointed out as the individual associated with that account.

The court admitted various documents as evidence, including account statements showing significant deposits and transfers, with the prosecution team led by Jibrin Okutepa, alongside Ekel Iheanacho and Joseph Daudu.