WITNESS REVEALS MULTI-MILLION NAIRA TRANSACTIONS IN ALLEGED N8.7BN MONEY LAUNDERING TRIAL OF EX-AGF MALAMI. (PHOTO). #PRESS RELEASE.
Witness Reveals Multi-Million Naira Transactions in Alleged N8.7bn Money Laundering Trial of Ex-AGF Malami A prosecution witness on Tuesday, June 23, 2026, disclosed before the Federal High Court sitting in Maitama, Abuja, details of several high-value transactions that passed through the account of Alkausar Farm, one of the entities linked to the alleged N8.7 billion money laundering case involving former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN. The witness, Munawwarah Salisu Anas, a Compliance Officer with Jaiz Bank Plc, testified as the fifth prosecution witness, PW5, in the ongoing trial of Malami, his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami. The Economic and Financial Crimes Commission, EFCC, is prosecuting the trio on a 16-count charge bordering on conspiracy, procuring, disguising, concealing and laundering proceeds of unlawful activities to the tune of N8,713,923,759.49 (Eight Billion, Seven Hundred and Thir...
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