The Federal High Court In Abuja on Tuesday ordered the remand of the Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), at the Kuje Correctional Centre pending the hearing and determination of their bail application.
The trial judge, Justice Emeka Nwite, also ordered the remand of his co-dedendants, his son, Abubakar Malami, and one of his wives Bashir Asabe.
Justice Nwite made the order after taking arguments from the defence team led by Joseph Daudu (SAN) and the prosecution counsel Ekele Iheneacho (SAN).
Malami and his co-defendants are facing a 16-count money laundering charge preferred against them by the Economic and Financial Crimes Commission.
The EFCC alleges that the defendants conspired at various times to conceal, retain and disguise the proceeds of unlawful activities running into several billions of naira.
According to the charge, the alleged offences span several years and include the use of companies and bank accounts to launder funds, the retention of cash as collateral for loans, and the acquisition of high-value properties in Abuja, Kano and other locations.
The commission further alleges that some of the offences were committed while Malami was serving as Attorney-General of the Federation, in breach of the Money Laundering (Prohibition) Act 2011, as amended, and the Money Laundering (Prevention and Prohibition) Act 2022.
1SUBSCRIBE TO OUR NEWSLETTER NOW
Support MATAZ ARISING’ journalism of integrity and credibility.
Good journalism ensure the possibility of a good society, an accountable democracy, and a transparent government.
We ask you to consider making a modest support to this noble endeavour.
TEXT AD: To advertise here – Email ad@matazarising.com
LATEST POSTS
-
Atiku Abubakar, Abubakar Malami: How Not To Be A Good Citizen
MaTaZ ArIsInGDallas, Texas Atiku Abubakar, Abubakar Malami: How Not To Be A Good Citizen “Cry, the beloved country, for the unborn child that is the inheritor of our fear.” – Alan Paton, Cry, the Beloved Country We were raised on a simple idea of what a good citizen is. You pay your tax.Even when the…
-
Killing over alleged blasphemy rocks Sokoto
MaTaZ ArIsInGDallas, Texas • Cleric survives knife attack in mosque, worshipers kill assailant, probe stokes controversy By Musa Ubandawaki, Sokoto Tension has gripped parts of Sokoto metropolis following the stabbing of controversial Islamic cleric, Sheikh Musa Ayuba Lukuwa, shortly after he conducted the Jumu’at prayer at his mosque in the Mabera area of the metropolis.…
-
South-West growth: Retired HoS, permanent secretaries commit to partnership with SWDC, Odu’a Ltd, DAWN
MaTaZ ArIsInGDallas, Texas To foster integrated regional growth, the Association of Retired Heads of Service and Permanent Secretaries (South-West) has pledged to collaborate closely with the South-West Development Commission (SWDC), Odu’a Investment Company, the DAWN Commission, and other strategic partners. This was the highpoint of an 11-point communiqué of the group’s 12th Quarterly Meeting held…
