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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PETER OBI REVEALS COLLABORATION WITH KWANKWASO TO REVIVE KANO’S INDUSTRIAL HUBS, AMID NNPP CRISIS. (PHOTO).

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 Peter Obi Reveals Collaboration with Kwankwaso to Revive Kano’s Industrial Hubs, Amid NNPP Crisis


Labour Party’s 2023 presidential candidate, Mr. Peter Obi, has disclosed an ongoing collaboration with former Kano State Governor and New Nigeria Peoples Party (NNPP) leader, Dr. Rabiu Musa Kwankwaso, aimed at restoring economic vitality to Kano State and northern Nigeria.


Obi made the revelation on Sunday while speaking at Kwankwaso’s Millar Road residence in Kano during an Sallah celebration attended by hundreds of guests, including prominent opposition figures.


“Although we are today here not for politics but to celebrate Sallah with Kwankwaso, but I bet you we are putting a strong association to bring back Kano and its industrial hubs,” Obi stated.


He specifically highlighted plans to revive key industrial zones, saying: “We are bringing Bompai, Sharada Industrial centers back to their lives and also Bank of the North would surely be back.”


The gathering drew high-profile attendees from opposition parties, including Oyo State Governor Seyi Makinde and former Bayelsa State Governor Senator Seriake Dickson, alongside other political heavyweights mainly from the Peoples Democratic Party (PDP) and African Democratic Congress (ADC).


Sources close to the event described the occasion as laying groundwork for Kwankwaso’s anticipated formal defection from the NNPP, which has been embroiled in a major legal and identity crisis.


The NNPP faction led by Kwankwaso—recognised by its books logo—recently suffered a significant setback when the Court of Appeal in Abuja ruled against it, affirming the legitimacy of the rival NNPP faction identified by the vegetables logo.


Following the appellate court judgment, reports indicate that Kwankwaso has intensified consultations with various political platforms, with strong indications pointing toward a possible move to the African Democratic Congress (ADC).

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