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IN DETAIL: The 16-count charge filed against Malami, wife and son by the EFCC
The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned Abubakar Malami, former attorney-general of the federation, over allegations bordering on money laundering.....TAP TO CONTINUE READING
Malami was arraigned before a federal high court in Abuja on Tuesday alongside his son, Abubakar Abdulaziz Malami, and his wife, Bashir Asabe, on a 16-count charge.
All defendants pleaded not guilty to the charge before Emeka Nwite, presiding judge.
Here are the 16 counts as filed by the EFCC.
That you ABUBAKAR MALAMI SAN, and ABUBAKAR ABDULAZIZ MALAMI between July 2022 and June, 2025 in Abuja within the jurisdiction of this Honourable Court did procure METROPOLITAN AUTO TECH LIMITED to conceal the unlawful origin of the total sum of N1, 014, 848, 500.00 (One Billion, Fourteen Million, Eight Hundred and Forty Eight Thousand, Five Hundred Naira) in the Sterling Bank Plc Account No. 0079182387 when you reasonably ought to have known that the said sum formed proceeds of unlawful activities and you thereby committed an offence contrary to Section 21(c) of the Money Laundering (Prevention and Prohibition) Act 2022 and punishable under section 18(3) of the same Act.
COUNT 2
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, and ABUBAKAR ABDULAZIZ MALAMI between September 2020 and February, 2021 in Abuja within the jurisdiction of this Honourable Court did procure METROPOLITAN AUTO TECH LIMITED to conceal the unlawful origin of the total sum of N600, 013, 460.4 (Six Hundred Million, Thirteen Thousand, Four Hundred and Sixty Naira, Four Kobo) in the Sterling Bank Plc Account No. 0079182387 when you reasonably ought to have known that the said sum formed proceeds of unlawful activities and you thereby committed an offence contrary to Section 18(c) of the Money Laundering Prohibition Act 2011 as amended by Act No. 1 of 2012) and punishable under section 15(3) of the same Act
COUNT 3
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation and ABUBAKAR ABDULAZIZ MALAMI sometime in March, 2021 in Abuja within the jurisdiction of this Honourable Court did retain the total sum of N600, 000, 000.00 (Six Hundred Million Naira) in METROPOLITAN AUTO TECH LIMITED as cash collateral for a loan of N500,000,000.00 granted to RAYHAAN HOTELS LTD by Sterling Bank Plc when you reasonably ought to have known that the said cash collateral of N600,000, 000.00 were proceeds of unlawful activities and you thereby committed an offence contrary to Section 18(c) of the Money Laundering Prohibition Act 2011 as amended punishable under section 15(3) of the same Act
COUNT 4
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, ABUBAKAR ABDULAZIZ MALAMI, and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd sometime in November, 2022 in Abuja within the jurisdiction of this Honourable Court did indirectly disguise the unlawful origin of the aggregate sum of N500, 000, 000.00 (Five Hundred Million Naira) paid to Efab Properties Ltd paid for purchase of property known as luxury duplex at Amazon street, Plot No. 3011 within Cadastral Zone A06 Maitama District, Abuja in favour of ABUBAKAR MALAMI SAN when you reasonably ought to have known that the said N500, 000, 000.00 (Five Hundred Million Naira) formed proceed of unlawful activity and you thereby committed an offence contrary to section 18(2) (a) and punishable under section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.
COUNT 5
That you ABUBAKAR MALAMI SAN, ABUBAKAR ABDULAZIZ MALAMI, and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd sometimes in September 2024 in Abuja within the jurisdiction of this Honourable Court conspired to disguise the unlawful origin of the aggregate sum of N1, 049, 173, 926. 13 (One Billion, Forty-Nine Million, One Hundred and Seventy-Three Thousand, Nine Hundred and Twenty-six Naira, Thirteen Kobo) paid through the Union Bank Plc account of Meethaq Hotels Ltd Jabi savings Account No. 0179011105 between November 2022 and September 2024 and you thereby committed an offence contrary to section 21 of the Money Laundering (Prevention and Prohibition Act) 2022 and punishable under section 18(2) (a) and (3) of the same Act.
COUNT 6
That you ABUBAKAR MALAMI SAN, and ABUBAKAR ABDULAZIZ MALAMI between November 2022 and October, 2025 indirectly took control of the aggregate sum of N1, 362, 887, 872.96 (One Billion, Three Hundred and Sixty Two Million, Eight Hundred and Eighty Seven Thousand, Eight Hundred and Seventy Two Naira, Ninety Six Kobo paid through the savings account of Meethaq Hotels Ltd in Union Bank Plc when you reasonably ought to have known that the said funds formed proceeds of unlawful activity and you thereby committed an offence contrary to section 18(2) (d) and punishable under section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.
COUNT 7
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd sometimes between November and December, 2018 in Abuja within the jurisdiction of this Honourable Court indirectly concealed the unlawful origin of the aggregate sum of N700, 000, 000.00 (Seven Hundred Million Naira) paid for the purchase of the property described as No. 3 Onitsha Crescent Area 11, Garki Abuja (Hamonia Hotels Ltd) in favour of ABUBAKAR MALAMI SAN when you reasonably ought to have known that the said sum of N700, 000,000.00 formed proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (d) and punishable under section 15(3) of the Money Laundering (Prohibition) Act, 2011 as amended.
COUNT 8
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, ABUBAKAR ABDULAZIZ MALAMI and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd sometimes between September 2020 and December, 2020 in Abuja within the jurisdiction of this Honourable Court, indirectly concealed the aggregate sum of N850, 000, 000.00 (Eight Hundred and Fifty Million Naira) paid for the purchase of property described as Plot 683 Jabi District Cadastral Zone B04 (Meethaq Hotels Ltd, Jabi) when you reasonably ought to have known that the said sum of N850, 000, 000.00 represented proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (d) and punishable under section 15(3) of the Money Laundering (Prohibition) Act, 2011 as amended.
COUNT 9
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd on or about February, 2018 in Abuja within the jurisdiction of this Honourable Court indirectly acquired the property described as No. 3 Rhine Street Maitama, Abuja (Meethaq Hotels Ltd) for an aggregate sum of N430, 000, 000.00 (Four Hundred and Thirty Million Naira) when you reasonably ought to have known that the said sum of N430, 000, 000.00 formed proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (d) and punishable under section 15(3) of the Money Laundering (Prohibition) Act, 2011 as amended.
COUNT 10
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd sometimes on or about February, 2018 in Abuja within the jurisdiction of this Honourable Court indirectly concealed the unlawful origin of the aggregate sum of N210, 000, 000.00 (Two Hundred and Ten Million Naira) paid for the purchase of the property described as No. 3130 Cadastral Zone A04 Asokoro District, Abuja in favour of ABUBAKAR MALAMI SAN when you reasonably ought to have known that the said sum of N210, 000, 000,000.00 represented proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (d) and punishable under section 15(3) of the Money Laundering ( Prohibition) Act, 2011 as amended.
COUNT 11
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd between March and June 2021 in Abuja within the jurisdiction of this Honourable Court indirectly concealed the unlawful origin of the aggregate sum of N325, 000, 000, 000.00 (Three Hundred and Twenty Five Million Naira paid for the purchase of property described as No. 1241B Asokoro District Zone (No. 11A Yakubu Gowon Crescent Asokoro) in favour of ABUBAKAR MALAMI SAN when you reasonably ought to have known that the said sum of N325, 000, 000.00 represented proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (d) and punishable under section 15(3) of the Money Laundering ( Prohibition) Act, 2011 as amended.
COUNT 12
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd between November 2015 and January, 2016 in Abuja within the jurisdiction of this Honourable Court indirectly concealed the unlawful origin of the aggregate sum of N120, 000, 000, 000.00 (One Hundred and Twenty Million Naira) paid for the purchase of property described as No. 27 Efab Estate 5th Avenue, 59th Crescent, Gwarimpa, Abuja in favour of ABUBAKAR MALAMI SAN when you reasonably ought to have known that the said sum of N120, 000, 000.00 represented proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (d) and punishable under section 15(3) of the Money Laundering ( Prohibition) Act, 2011 as amended.
COUNT 13
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, ABUBAKAR ABDULAZIZ MALAMI, and HAJIA BASHIR ASABE an employee of Rahamaniyya Properties Ltd sometime in November, 2022 in Abuja within the jurisdiction of this Honourable Court did conspire amongst yourselves to conceal the unlawful origin of the funds paid for the purchase of property known as luxury duplex at Amazon street, Plot No. 3011 within Cadastral Zone A06 Maitama District, Abuja and you thereby committed an offence contrary to Section 21 of the Money Laundering (Prevention and Prohibition Act) 2022 and punishable under section 18(2) (a) and (3) of the same Act.
COUNT 14
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, HAJIA BASHIR ASABE whilst being an employee of Rahamaniyya Properties Ltd and other persons at large between December, 2016 and April, 2022 in Abuja within the jurisdiction of this Honourable Court conspired amongst yourselves to indirectly acquire landed properties for ABUBAKAR MALAMI SAN with proceeds of unlawful activity and you thereby committed an offence contrary to section 18 of the Money Laundering (Prohibition Act) 2011 and punishable under section 15(2) (a) and (3) of the same Act.
COUNT 15
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, between June and January, 2023 in Abuja within the jurisdiction of this Honourable Court indirectly concealed the unlawful origin of the aggregate sum N537, 000,000.00 (Five Hundred and Thirty Seven Million Naira) which you paid for the purchase of the properties namely (i) No. 26 Babbi Street, BUA Estate, Abuja, (ii) 4 bedroom Bungalow, Guesse 2 Brinin- Kebbi and (iii) No. 4 Ahmadu Bello Way, Kano, Nassarawa GRA, Kano knowing that the said sum of N537, 000,000.00 formed proceeds of unlawful activity and you thereby committed an offence contrary to section 18(2) (a) and punishable under section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.
COUNT 16
That you ABUBAKAR MALAMI SAN whilst being the Attorney General of the Federation, between October 2018 and December, 2021 in Abuja within the jurisdiction of this Honourable Court indirectly concealed the aggregate sum N415, 000,000.00 (Four Hundred and Fifteen Million Naira) which you paid for the purchase of the properties namely (i) No. 28 Bagudu Kaltio crescent Gwarimpa, Abuja (ii) Plot 13, Ipent 7 Estate Abuja and (iii) A Plaza, Commercial Toilets, Laundry and Warehouse Tanks Adjacent to Brinin Kebbi Market (iv) 100 hectares of land Along Brinin Kebbi, Jeba Road (v) Plot 157 Lamido Crescent, Nassarawa Road GRA, Kano knowing that the said sum of N415, 000,000.00 formed proceeds of unlawful activity and you thereby committed an offence contrary to section 15(2) (a) and punishable under section 15(3) of the Money Laundering Prohibition Act, 2011 as amended.
President Bola Tinubu has declared that the new tax laws will take effect from January 1, 2026, as planned, despite objections from some quarters.....TAP TO CONTINUE READING
The President made the declaration in a statement on Tuesday in which he explained that the new laws are not designed to raise taxes but to drive harmonization.
President Tinubu noted that his administration is aware of agitations in some quarters over the new tax laws, but added that no substantial issue has been raised to warrant a suspension of the implementation process.
He promised that the government would ensure due process in the implementation of the laws and work with all stakeholders, including the National Assembly, to resolve all identified issues against the new tax laws.
“The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.
“These reforms are a once-in-a-generation opportunity to build a fair, competitive, and robust fiscal foundation for our country.
“The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.
“I urge all stakeholders to support the implementation phase, which is now firmly in the delivery stage.
“Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.
“No substantial issue has been established that warrants a disruption of the reform process. Absolute trust is built over time through making the right decisions, not through premature, reactive measures.
“I emphasise our administration’s unwavering commitment to due process and the integrity of enacted laws. The Presidency pledges to work with the National Assembly to ensure the swift resolution of any issue identified.
“I assure all Nigerians that the Federal Government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility,” the statement read.
Former Kogi West Senator, Dino Melaye, has reacted to the arraignment of ex-Attorney General of the Federation (AGF), Abubakar Malami, before a Federal High Court in Abuja.....TAP TO CONTINUE READING
Melaye wished Malami well as he began his trial on corruption charges.
In a post on X, the former lawmaker recalled how he was once prosecuted by Malami over what he described as frivolous cases during Malami’s tenure as AGF.
He wrote, “Reminded me of how I was appearing in different courts when Malami as AGF was prosecuting me over frivolous cases, including taking over one of the police cases against me. Wish him well.”
Malami, his son Abdulaziz, and another individual are facing a 16-count charge of money laundering. They were arraigned over allegations of unlawful acquisition and concealment of funds and all pleaded not guilty to the charges.
The Ondo State Security Network, also known as the Amotekun Corps, has apprehended 39 fleeing suspected terrorists in Ondo Forest.....TAP TO CONTINUE READING
Operatives of the Amotekun Corps arrested the suspected terrorists at Elegbeka Forest in Ose Local Government Area of the state.
The Corps Commandant of the Amotekun in the state, Akogun Adetunji Adeleye, disclosed this while parading about 61 suspected criminals at the corps headquarters in Akure, the state capital.
Adeleye said those arrested confirmed they had fled their respective states due to ongoing airstrikes against terrorists.
He disclosed that the arrested suspects were between the ages of 18 and 45, stating that they were hiding in the forest with two vehicles parked at a distance.
“The major issue is, why were they in this black spot in the forest then, when we were on patrol chasing kidnappers, and they claimed the heat was turned on them?”
He noted that the sudden influx of these elements raised many questions being investigated by the Command.
“A couple of days ago, 39 suspects were arrested altogether, claiming that as a result of the heat turned on them in the northern part of the country, they are relocating to the forest.
“They were not trekking. They were hibernating in the forest there, with two vehicles far away from them. So, we found out, trapped them, and located where they were all hiding. We brought them together. As I said, profiling is almost completed.
“We are still profiling them, and after profiling, we may send some back. But those found with incriminating equipment and materials will surely be prosecuted.
“The government has made its position known: For you to stay in our forest areas, you must obtain permits. So, the sudden influx of these elements poses a lot of questions that we are still working on,” he said.
On other suspected criminals, Adeleye, about 100 of them were arrested across the 18 local governments of the state, out of which 61 were paraded.
He said 50 were apprehended for breaches of law and order, two for anti-open grazing violations, six for kidnapping-related cases, and three for gender abuse and rape.”
“Coming to specifics, around the Ofosu-Odigbo area, we arrested 34-year-old Mustafa and 45-year-old Philip for kidnapping at the scene. We also have, in the Isua Akoko axis, 18-year-old Idris, 20-year-old Ibrahim Abdullahi, and 23-year-old Lawal Idris.
“On rape and assault on Amotekun Corps officers, we have 19-year-old Daniel Ojo, 33-year-old Usman, and 41-year-old Bejide for raping in Isinkan. On armed robbery, we arrested 30-year-old Ola Tunbosun, Ibrahim, and Shahidu at the shores of Akure North, Oba Akoko, and Oba Ile, also in Akure North,” Adeleye said.
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