Court Remands Malami, Son, Wife in Kuje Prison Over Alleged Money Laundering
The Federal High Court sitting in Abuja on Tuesday ordered the remand of a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), at the Kuje Correctional Centre, pending the hearing and determination of his bail application.
The trial judge, Justice Emeka Nwite, also ordered the remand of Malami’s co-defendants—his son, Abubakar Malami, and one of his wives, Bashir Asabe—at the same facility.
Justice Nwite gave the order after hearing submissions from the defence counsel, led by Joseph Daudu (SAN), and the prosecution counsel, Ekele Iheneacho (SAN).
Malami and the other defendants are standing trial on a 16-count charge of money laundering instituted against them by the Economic and Financial Crimes Commission.
Read Also:
The anti-graft agency alleged that the defendants conspired at various times to conceal, retain and disguise proceeds of unlawful activities amounting to several billions of naira.
According to the charge, the alleged offences span several years and involve the use of companies and bank accounts to launder funds, the retention of large sums of cash as collateral for loans, as well as the acquisition of high-value properties in Abuja, Kano and other locations across the country.
The EFCC further alleged that some of the offences were committed while Malami was serving as Attorney-General of the Federation, contrary to the provisions of the Money Laundering (Prohibition) Act, 2011 (as amended), and the Money Laundering (Prevention and Prohibition) Act, 2022.
The case was adjourned, with details of the bail application to be taken at a later date.
By PRNigeria
