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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PRESIDENT TINUBU MOURNS CHIEF MICHAEL ADENIYI KOLEOSHO. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE 


PRESIDENT TINUBU MOURNS CHIEF MICHAEL ADENIYI KOLEOSHO


President Bola Tinubu receives the news of the passing of Chief Michael Adeniyi Koleosho, OFR, former national chairman of the Alliance for Democracy (AD), with profound sadness. 


Chief Koleosho was former secretary to the Government of Oyo State, a politician and accomplished businessman.


President Tinubu mourns the late elder statesman, who was the Babalaje of Sakiland, recalling his endeavours towards enriching and strengthening the political process. 


The President extends his condolences to the family of the deceased and to the people of Oyo State.


The President prays for the repose of the soul of the departed and comfort for his family.


Chief Ajuri Ngelale


Special Adviser to the President


(Media & Publicity)


September 5, 2024

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