Fresh evidence emerged on Tuesday in the ongoing trial of former Attorney-General of the Federation, Abubakar Malami, as a prosecution witness narrated a series of financial transactions involving an account allegedly connected to the case.
The witness, Munawwarah Salisu Anas, a compliance officer with Jaiz Bank Plc, appeared before the Federal High Court in Abuja and presented records relating to the account of Alkausar Farm, one of the entities under investigation.
Malami, alongside his wife, Asabe Bashir, and son, Abubakar Abdulaziz Malami, is facing a 16-count charge filed by the Economic and Financial Crimes Commission over the alleged laundering of N8.7bn said to be proceeds of unlawful activities.
While being led in evidence by the prosecution counsel, J.S. Okutepa (SAN), Anas explained that her role at the bank includes handling requests from security and anti-corruption agencies.
She confirmed that the EFCC requested documents connected to the account and that the bank supplied the required information.
The prosecution tendered the bank's response, account opening documents and statements of account before the court.
Despite indicating that he would challenge the documents at the final stage of the trial, defence counsel Adedayo Adedeji (SAN) raised no immediate objection, prompting Justice Joyce Abdulmalik to admit them as exhibits.
According to the witness, the account received cash deposits of N1m and N2.25m in June 2018.
She also identified several transfers made on December 7, 2018, including four separate inflows of N10m each and another transfer of N8m from Kalamu Wahid Global Concept.
Anas further told the court that N45.5m was later transferred from the account to Donaliv Global Nigeria Limited.
She added that in July 2020, two payments of N26.25m each were received from Al-Afiya Energy Limited, while subsequent transactions included transfers of N50m to Sahad Stores Limited and N1m to Alfagai Jewelry Nigeria Limited.
During cross-examination, the witness maintained that financial institutions routinely monitor customer transactions and report suspicious activities to the Nigerian Financial Intelligence Unit.
Following her testimony, the court discharged the witness and adjourned proceedings until July 17, 2026, for further hearing.
0 Comments