The former Attorney-General of the Federation and Justice Minister under President Muhammadu Buhari, Abubakar Malami, has been sent to a custodial centre by an Abuja court along with his son and wife over an allegation of about N8.7 billion fraud on Tuesday.
Justice Nwite made the order after taking arguments from the defence team led by Joseph Daudu (SAN) and the prosecution counsel Ekele Iheneacho (SAN).
Malami and his co-defendants are facing a 16-count money laundering charge preferred against them by the Economic and Financial Crimes Commission.
The EFCC alleges that the defendants conspired at various times to conceal, retain and disguise the proceeds of unlawful activities running into several billions of naira.
According to the charge, the alleged offences span several years and include the use of companies and bank accounts to launder funds, the retention of cash as collateral for loans, and the acquisition of high-value properties in Abuja, Kano and other locations.
The commission further alleges that some of the offences were committed while Malami was serving as Attorney-General of the Federation, in breach of the Money Laundering (Prohibition) Act 2011, as amended, and the Money Laundering (Prevention and Prohibition) Act 2022.
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