- Malami and son deny all 16 money laundering counts
- EFCC alleges suspicious billion-naira transactions
- Properties traced to Abuja, Kano, and Kebbi
- Case heard at Federal High Court, Abuja
Former Minister of Justice and Attorney-General of the Federation, Abubakar Malami, on Tuesday pleaded not guilty to money laundering charges alongside his son, Abubakar Abdulaziz, and a third defendant, Bashir Asabe.
The three defendants were arraigned before Justice Emeka Nwite of the Federal High Court, Abuja Division, on 16 counts bordering on alleged financial crimes.
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According to the Economic and Financial Crimes Commission (EFCC), the defendants were accused of engaging in suspicious financial transactions and attempting to conceal the unlawful origin of large sums of money through bank accounts and property purchases in Abuja, Kano, and Kebbi states.
Court documents revealed that the charges, marked FHC/ABJ/CR/700/2025, listed Malami as the first defendant, his son as the second, and Asabe, an employee of Rahamaniyya Properties Ltd, a company linked to Malami as the third.
READ ALSO: Court Remands Malami, Son, Wife in Kuje Prison Over Money Laundering Charges
The anti-graft agency alleged that the offences were committed between 2015 and 2025, covering the eight-year period Malami served under the administration of former President Muhammadu Buhari.
The EFCC further accused the defendants of conspiring to disguise the source of funds, acquire properties indirectly, and retain money they allegedly knew were proceeds of unlawful activities, contrary to provisions of the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.
All three defendants pleaded not guilty to the charges.
“The defendants are accused of carrying out transactions aimed at concealing the origin of funds believed to be proceeds of unlawful activity,” the EFCC stated in court.
The trial has been adjourned to a later date for further proceedings.
