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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TRAFFIC MANAGEMENT: LASTMA TO BUILD NEW OPERATIONAL BASE IN IBEJU LEKKI.(PHOTO).#PRESS RELEASE

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TRAFFIC MANAGEMENT: LASTMA TO BUILD NEW OPERATIONAL BASE IN IBEJU LEKKI



… As Council Boss Pledges Logistics Support. 


To ensure seamless traffic flow around the Ibeju Lekki Local Government Area, the General Manager of the Lagos State Traffic Management Authority (LASTMA) Mr. Bakare-Oki Olalekan has confirmed that the Agency is planning to establish a new operational base to enhance seamless traffic flow around Ibeju Lekki and its environs. 


Mr. Bakare-Oki made this statement on Wednesday during a courtesy visit to the Head Office of the Agency at Oshodi by Mr. Olowa Abdullahi Sesan (JAJA) the Chairman of Ibeju Lekki Local Government Area. 


He said, "As an Agency of Government saddled with the responsibility of transforming the State transportation system, we are collaborating with Ibeju Lekki Local Government for the establishment of a new operational base to address traffic challenges confronting motoring public around the axis”. 


The GM stated further that the Agency is working round the clock to also ensure that the activities of multinational investments including the Lekki Free Trade Zone (LFTZ) and Lekki Deep Seaport (LDS) around Ibeju do not have any effect on the free flow of traffic along Lekki-Ajah Expressway axis. 


He assured motorists and residents that more Lastma personnel have been deployed to ensure that motorists, including commercial bus drivers, comply with traffic rules and regulations around the Ibeju Lekki axis. 


Speaking earlier, the Chairman of Ibeju-Lekki Local Government Area, Mr. Olowa Abdullahi Sesan (JAJA) congratulated Mr. Bakare-Oki Olalekan on his recent appointment as the General Manager of LASTMA. 


The Council Boss promised to fully support the Agency with every logistics to enable the immediate take-off of the new LASTMA Operational Base at Ibeju.

 

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