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Nigeria

Nigerian banker testifies on billion-naira inflows in fraud trial of former attorney-general

Monday, 20 April 2026, 18:15 · 1 min read

A compliance officer from Zenith Bank testified on Monday in the money laundering trial of Abubakar Malami, Nigeria's former Attorney-General of the Federation, detailing large financial inflows into accounts linked to him and his family. The Economic and Financial Crimes Commission (EFCC) has charged Malami, his wife, and his son with 16 counts of conspiring to conceal and disguise approximately 8.7 billion naira (roughly $5.6 million) allegedly acquired through unlawful activities, including property purchases in Abuja, Kano, and Kebbi states. The case, before the Federal High Court in Abuja, is significant as it targets one of Nigeria's most senior former legal officials, with the prosecution alleging the scheme operated between 2015 and 2025 through multiple corporate entities and bank accounts; the trial is adjourned until 13 May.

Sources
Premium Times NigeriaN8.7bn Fraud Trial: Banker testifies on inflows into accounts linked to Malami, family members ↗︎
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