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...

UPDATE: MERRYHOME HOTELS ABA RESPONDS TO DROWNING INCIDENT. (PHOTO).


 Merryhome Hotels Aba Responds to Drowning Incident


The management of Merryhome Hotels, located on Chief Ubani Street, Off 7Up Road in Ogbor Hill, has responded to the tragic drowning of 17-year-old Divine Odide, whose body was found in the hotel’s swimming pool on June 10, 2025. The incident has prompted a police investigation and raised allegations of negligence from the deceased’s father, Mr. Orji Odide.


In a press briefing on Thursday, June 26, 2025, Mr. Felix Abengowe, CEO of Merryhome Hotels, described the incident as “unfortunate and mysterious” while defending the hotel’s safety protocols. “We have strict policies in place, with clear signs at the reception and pool area stating that only experienced swimmers are allowed in the pool,” Abengowe said, refuting claims of negligence.


According to Abengowe, a group of over 40 students visited the hotel on the day of the incident, but only 14 were permitted to use the pool after confirming they could swim. This arrangement was reportedly agreed upon in the school’s WhatsApp group. However, a staff member monitoring the group—though not a trained lifeguard—briefly stepped away, and screams soon alerted staff to the drowning.


Abengowe expressed concerns over conflicting accounts from Divine’s peers, noting that none claimed to have seen him enter the pool. “Even the boy’s father questioned how no one saw him get into the water, yet his body was found inside,” he said. The CEO also raised suspicions about the school group administrator, who allegedly removed Divine from the WhatsApp group immediately after the incident and has since gone into hiding.


“There’s a possibility something else happened,” Abengowe suggested, noting that Mr. Odide suspects some classmates may have pushed Divine into the pool out of jealousy over his appearance and possessions, including a high-end phone. Five students are currently in police custody, assisting with the investigation.


Addressing public concerns, Abengowe debunked rumors of frequent pool-related deaths at the hotel, stating that the last such incident occurred in 2021 and was duly reported. “We are not a hotel where people just come to die. We clearly warn that non-swimmers should not enter the pool, and the management cannot be held responsible if this policy is ignored,” he emphasized.


Merryhome Hotels has pledged full cooperation with the ongoing police investigation and expressed deep regret over the loss of Divine Odide. The incident has sparked widespread discussion in Aba, with authorities working to uncover the circumstances surrounding the teenager’s tragic death.

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