ALLEGED N8.7B FRAUD: MALAMI’S BANKERS FILED SUSPICIOUS REPORTS ON HIS TRANSACTIONS-WITNESS. (PHOTO). #PRESS RELEASE.

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Alleged N8.7b Fraud: Malami’s Bankers Filed Suspicious Reports on his Transactions-Witness The Fourth Prosecution Witness, PW4, in the trial of the former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Wednesday, May 13, 2026, told Justice Joyce Abdulmalik of the Federal High Court, Maitama, Abuja, that Zenith Bank Plc, where the former AGF had account, filed Suspicious Transaction Report, STR, in respect of his transactions. The Economic and Financial Crimes Commission, EFCC, is prosecuting Malami alongside his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami, on amended 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 Thirteen Million, Nine Hundred and Twenty-Three Thousand, Seven Hundred and Fifty-Nine Naira, Forty-Nine Kobo), contrary to the provisions of the Money Laundering (Prevention and Pro...
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5-10,000 DELTA YOUTHS,TO BE TRAINED FOR SKILLED WORK EVERY YEAR-MINISTER USANI UGURU.

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                It was reported today that the minister for the Niger Delta Usani Uguru said yesterday monday that Nigeria plans to train as many as 10,000 youths a year for skilled work in the Delta region to try to stop them attacking and stealing oil from pipelines.He said that Between 5,000 and 10,000 will be trained yearly.The first centers would train young people in leather goods manufacturing,mobile phone assembly and e-commerce.Some would also find work at a new processing plant for cassava,part of the government's plan to boost the agricultural sector.Attacks on oil and gas facilities have become more frequent since authorities issued an arrest warrant for a popular former militant leader,Government Ekpemupolo Tompolo,who had led gangs of boys fighting for a bigger share of oil revenues.To help address those grievances,the government plans to build nine vocational centers.One more photo below.                                                                                 

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