Abubakar Malami (SAN), the former Attorney General of the Federation and Minister of Justice, has been accused of money laundering by the Economic and Financial Crimes Commission (EFCC).
Malami will be charged with sixteen counts, according to The Nation.
He was accused by the EFCC under Section 15(2)(d) of the Money Laundering (Prohibition) Act, 2011, as amended, and is subject to punishment under Section 15(3).
He is accused together with his son, Abdulaziz, and Hajia Bashir Asabe, who works for Rahamaniyya Properties Limited.
Malami was accused of laundering over ₦9 billion to purchase upscale homes in Abuja, Kebbi, Kano, and other places in the first of three series of charges.
The ex-AGF must explain how he acquired roughly thirty mansions for ₦212.8 billion.
According to reports, the most of them were obtained during his eight years in office while working for the late President Muhammadu Buhari’s administration.
Some of the properties may be seized by the EFCC using the Non-Conviction Asset Forfeiture provision of its Establishment Act.
Anyone interested is given a 14-day window to provide justification for why the assets shouldn’t be turned over to the federal government.
The Federal High Court in Abuja has not yet given the anti-graft commission a date for the start of the trial.
The date on the charge sheet was December 23, 2025.
Jibrin Okutepa (SAN) and Ekene Iheanacho (SAN), along with fourteen other attorneys, will prosecute Malami in what seems to be a mother of all trials.
According to the Administration of Criminal Justice Act (ACJA), a minimum of ten witnesses have been brought before the court.
The 16 allegations exposed Malami’s use of Metropolitan Auto Tech Limited for money laundering.
“That you, Abubakar Malami SAN, and Abubakar Abdulaziz Malami, between July 2022 and June, 2025 in Abuja within the jurisdiction of this Honourable Court, procured Metropolitan Auto Tech Limited to conceal the unlawful origin of the total sum of ₦1, 014, 848, 500.00 (One Billion, Fourteen Million, Eight Hundred and Forty Eight Thousand Five Hundred Naira) in the Sterling Bank Plc Account No. 0079182387. As a result, you violated Section 21(c) of the Money Laundering (Prevention and Prohibition) Act 2022.
“That between September 2020 and February 2021 in Abuja, under the jurisdiction of this Honourable Court, you, Abubakar Malami SAN, as Attorney-General of the Federation, and Abubakar Abdulaziz Malami, procured Metropolitan Auto Tech Limited to conceal the unlawful origin of the total sum of ₦600,013,460.4 in the Sterling Bank Plc Account No. 007918(c) of the Money Laundering Prohibition Act 2011 as amended by Act No. 1 of 2012).
“That you, Abubakar Malami SAN, while serving as the Attorney-General of the Federation and Abubakar Abdulaziz Malami in Abuja, within the jurisdiction of this Honourable Court, retained the entire amount of ₦600,000,000.00 in Metropolitan Auto Tech Limited as cash collateral for a loan of ₦500,000,000.00 granted to RAYHAAN HOTELS LTD by Sterling Bank Plc, and you thus committed an offence that is punishable under Section 18(c) of the Money Laundering Prohibition Act 2011 as amended.
“That you, Abubakar Malami SAN, while serving as the Attorney-General of the Federation, Abubakar Abdulaziz Malami, and Hajia Bashir Asabe, an employee of Rahamaniyya Properties Limited, indirectly concealed the unlawful origin of the total sum of ₦500,000,000.00 paid to Efab Properties Ltd. for the purchase of property known as a luxury duplex at Amazon Street, Plot No. 3011 within Cadastral Zone A06 Maitama District, Abuja, when you had a crime that is punishable under section 18(2)(a).
