Ibadan – The Nigerian Government has instituted new money laundering charges against former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and his son, Abubakar Abdulaziz Malami, over alleged financial transactions exceeding N1 billion.
The 16-count charge, filed before the Federal High Court in Abuja and marked FHC/ABJ/CR/700/2025, lists the Federal Republic of Nigeria as the complainant, with Hajia Bashir Asabe named as a co-defendant.
According to court documents, the defendants are accused of handling, transferring, and concealing funds suspected to be proceeds of unlawful activities.
Investigators allegedly traced a total of N1,014,848,500 to a Sterling Bank account linked to the transactions.
The prosecution claims the funds were laundered through corporate entities, including Metropolitan Auto Tech Limited, which was allegedly used as a front to obscure the source and movement of the money.
It is further alleged that between 2015 and 2025, several properties in Abuja, Kano, and Kebbi states were acquired with illicit funds.
The properties reportedly include luxury homes in high-end areas such as Maitama, Asokoro, Gwarimpa, and Jabi, with some transactions said to have occurred while Malami was in office as Attorney-General.
