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...

KADUNA REFINERY, PORT HARCOURT REFINERIES UNDERGOING GLOBAL-STANDARD OVERHAUL- NNPC. (PHOTO).


 Kaduna Refinery, Port Harcourt Refineries Undergoing Global-Standard Overhaul – NNPC


NNPC Ltd. announced that the Kaduna and 150,000 bpd Port Harcourt refineries are undergoing a comprehensive rehabilitation beyond traditional maintenance, ensuring sustainable operations. This follows the successful overhaul of the 60,000 bpd Port Harcourt and Warri refineries.  


In response to former President Obasanjo’s skepticism about their viability, NNPC reaffirmed its commitment to world-class standards and invited him to witness the progress. The company highlighted its transformation into a profit-driven, integrated energy leader under GCEO Mele Kyari and President Tinubu’s policies.

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