HomeJust InAlleged N8.7bn Money Laundering: Court Adjourns Ex-AGF Malami's Trial Till June 23

Alleged N8.7bn Money Laundering: Court Adjourns Ex-AGF Malami’s Trial Till June 23

-

 Justice Joyce Abdulmalik of the Federal High Court, Maitama, Abuja, on Friday, May 22, 2026, adjourned till June 23, 2026, the alleged N8.7billion money laundering trial involving former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, his wife, Hajia Bashir Asabe and son, Abubakar Abdulaziz Malami.

The defendants are being prosecuted by the Economic and Financial Crimes Commission, EFCC, on a 16-count charge bordering on conspiracy, procuring, disguising, concealing and laundering proceeds of unlawful activities to the tune of N8,713,923,759.49 (Eight Billion, Seven Hundred and Thirteen Million, Nine Hundred and Twenty-Three Thousand, Seven Hundred and Fifty-Nine Naira, Forty-Nine Kobo), contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.

At the resumed sitting on Friday, prosecution counsel, J.S. Okutepa, SAN, informed the court that the matter was slated for continuation of hearing but that the prosecution had been served with a letter seeking adjournment by the defence.

According to him, “This matter is slated today for continuation of hearing. We were served with a letter addressed to the Deputy Chief Registrar of this court on the 20th of May, 2026 by the law firm of J.B. Daudu and Co. We wanted to oppose the application but we don’t want to stall the proceedings.”

He further urged the court to take note of the number of adjournments already sought by the defendants.

“We are not opposing but we want my lord to note that the defendants have applied for adjournment once, meaning they have four adjournments left,” he said.

In her ruling, Justice Abdulmalik agreed with the submission of the prosecution, noting that the absence of the lead defence counsel should not ordinarily stall proceedings, especially considering the number of lawyers in his chambers.

“I do concur with you, learned senior counsel, that the defence counsel indeed has so many lawyers in his chambers.

There is no reason to stall proceedings today. Be that as it may, since they have room for five adjournments, we will grant them this one,” the judge held.

The matter was thereafter adjourned till June 23, 2026 for continuation of trial at the instance of the senior defence counsel.

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LATEST POSTS

Ogun Police, DSS Kills Another Kidnap Suspect, Arrests One, Recovers Two More AK-47 Rifles 

 Security operatives in Ogun State have killed another suspected kidnapper, arrested one suspect and recovered two more AK-47 rifles following a fierce gun battle, the...

#Lagos Police Command Urges Political Parties to Give Early Notice of Rallies, Campaigns

 The Lagos State Police Command has called on all political parties in the state to notify it well in advance of planned rallies, campaigns, processions...

Two Mexicans, 4 Nigerian collaborators remanded in prison over Oyo forest meth lab

‎ ‎. As NDLEA arraigns them on four-count charge in court‎The National Drug Law Enforcement Agency (NDLEA) has arraigned two Mexican nationals and four Nigerian collaborators...

Okpebholo, Oba of Benin, declares support for drug war as Marwa takes advocacy to Edo

 The Governor of Edo State, Senator Monday Okpebholo, and the Oba of Benin, His Royal Majesty, Omo N'Oba N'Edo Uku Akpolokpolo, Oba Ewuare II, have...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe
spot_img

Most Popular

spot_img