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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UNIVERSITY VICE CHANCELLOR DIES SUDDENLY IN LAGOS. (PHOTO).

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University Vice Chancellor dies suddenly in Lagos


The Vice-Chancellor of Achievers University, Owo, Professor Samuel Aje, is dead.

The Vice-Chancellor was said to have travelled to Lagos for Christmas break last week Friday and passed on in the early hours of Thursday.

The cause of Aje’s death who assumed as the institution’s Vice-Chancellor in June 2020, was still unknown at the time of filing this report.

Confirming the death, the Head of Media and Protocols of the university, Mr Adebayo Olagunju, said the institution awaits the cause of the VC’s death.

He described the sudden death of Prof. Aje as “sad and unfortunate” and said the whole university community was shocked when the news first broke out.

“The family would soon issue further details on the incident,” Olagunju stated.

A senior lecturer in the school, on condition of anonymity, also said the death of the Vice Chancellor was shocking and devastating.

“We were very shocked when we heard the news of his death. There was no sign of sickness on him before the Christmas break and we are yet to know the real cause of his death,” he said.


 

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