Categories: News

EFCC sets Tuesday for Malami’s court appearance on financial crimes

The Economic and Financial Crimes Commission (EFCC) says it will arraign former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, at the Federal High Court in Abuja on Tuesday over alleged money laundering and unlawful acquisition of assets.

EFCC’s Head of Media and Publicity, Dele Oyewale, confirmed the scheduled arraignment, saying Malami will appear before Justice Emeka Nwite.

Malami, who served as AGF for eight years under former President Muhammadu Buhari, is expected to enter pleas on a 16-count charge filed by the EFCC.

Also listed as defendants are Malami’s son, Abubakar Abdulaziz Malami, and another individual.

According to the charges, the anti-graft agency alleges that the defendants conspired to hide, retain and disguise proceeds from unlawful activities worth several billions of naira, including using companies and bank accounts to launder funds, keeping large sums of cash as collateral for loans, and acquiring high-value properties in Abuja, Kano and other locations.

The EFCC also claims some of the alleged crimes occurred while Malami was in office, which, it says, violates provisions of Nigeria’s money-laundering laws.

The defendants are expected to plead to the charges when the case is called on Tuesday.

LUKMAN ABDULMALIK

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