Justice Admits Nine Exhibits in Abubakar Malami’s ₦8.7bn Money Laundering Trial
The Federal High Court in Abuja has admitted nine exhibits in the ongoing trial of former Attorney-General Abubakar Malami, his wife and their son. The Economic and Financial Crimes Commission alleges they concealed and retained about ₦8.7 billion between 2015 and 2025. Prosecution witness Mashelia Bata, a Zenith Bank compliance officer, explained the bank received EFCC requests and provided documents for several companies linked to the defendants. The documents, dated July 2024 to March 2026, include account statements showing credits and debits running into hundreds of millions of naira. Bata highlighted transactions such as N194.8 million from New Horizons Limited in November 2020, and multiple payments totalling over N1.6 billion from Rayhaan-affiliated firms in 2022. The defence has asked for time to review the exhibits before cross-examination. Justice Joyce Abdulmalik adjourned the trial until May 13 for the continuation of proceedings.
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