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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EU INFLUENCE IN NORTH AFRICA WANING, GIVING WAY TO RUSSIA, TURKEY, SAYS BORRELL. (PHOTO).

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 EU Influence in North Africa Waning, Giving Way to Russia, Turkey, Says Borrell


The European Union's influence on the African continent, especially in North Africa, is visibly weakening, with its place being taken by Russia, Turkey, and a number of other countries, said EU High Representative for Foreign Affairs and Security Policy Josep Borrell, Sputnik reported.


"We should be worried about what’s happening in Africa. When I first came to Brussels, the French and Italians were in Libya. They weren’t always in harmony, but they were present. Today, there are no Europeans left in Libya – only Turks and Russians," EUobserver quoted the diplomat as saying.


Borrell criticized the decline of the EU's influence in Africa, noting that there is no longer "the order" on the African coast of the Mediterranean that the Europeans tried to establish.


The portal noted that Turkey, the United Arab Emirates (UAE), Saudi Arabia, and Russia have "intensified their work" in the economic and political sphere with North African countries and other states of the continent. According to the top diplomat, the EU should counter their influence.

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