The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned former attorney-general of the federation (AGF), Abubakar Malami, on allegations linked to money laundering.
The commission docked him before a federal high court in Abuja alongside his wife, Bashir Asabe, and his son, Abubakar Abdulaziz Malami, on a 16-count charge.
All three defendants pleaded not guilty when the charges were read before the presiding judge, Justice Emeka Nwite.
Below are the 16 charges as outlined by the EFCC.
COUNT 1
EFCC alleged that between July 2022 and June 2025, Malami and his son procured Metropolitan Auto Tech Limited to conceal N1,014,848,500.00, allegedly believed to be proceeds of unlawful activity, contrary to Section 21(c) of the Money Laundering (Prevention and Prohibition) Act 2022.
COUNT 2
The agency said that between September 2020 and February 2021, while serving as attorney-general, Malami and his son concealed N600,013,460.40 in a Sterling Bank account, an offence it said violates the Money Laundering Prohibition Act.
COUNT 3
According to the EFCC, Malami and his son allegedly retained N600m as collateral for a N500m loan granted to Rayhaan Hotels, insisting they reasonably ought to have known it formed proceeds of unlawful acts.
COUNT 4
The commission alleged that in November 2022, Malami, his son and his wife allegedly disguised N500m used to purchase a luxury property in Maitama, Abuja, insisting the money was of illegal origin.
COUNT 5
EFCC accused the trio of conspiring in September 2024 to disguise more than N1bn allegedly moved through Meethaq Hotels’ bank account to conceal its source.
COUNT 6
The agency also alleged that Malami and his son indirectly controlled N1.36bn between November 2022 and October 2025, claiming it was tied to unlawful activity.
COUNT 7
Another allegation claimed that between November and December 2018, Malami and Bashir Asabe concealed N700m used to purchase a hotel property in Garki, Abuja.
COUNT 8
The EFCC further alleged that between September and December 2020, the defendants concealed N850m used to purchase a hotel property in Jabi, Abuja.
COUNT 9
The commission claimed that in February 2018, Malami and Asabe acquired a Maitama property worth N430m, insisting it was purchased with illegal funds.
COUNT 10
EFCC alleged that another N210m property in Asokoro was secretly purchased in 2018, claiming the defendants concealed the funds’ origin.
COUNT 11
The agency also accused them of disguising N325m used to secure a mansion in Asokoro in 2021.
COUNT 12
Another allegation stated that N120m was used to purchase a Gwarimpa property between November 2015 and January 2016, allegedly funded through illicit means.
COUNT 13
EFCC said Malami, his wife and son conspired in November 2022 to conceal payment for a Maitama luxury duplex.
COUNT 14
The commission added that between 2016 and 2022, the defendants and others allegedly conspired to acquire landed assets using proceeds of crime.
COUNT 15
EFCC alleged that between June 2022 and January 2023, Malami concealed N537m used to buy properties in Abuja, Kano and Kebbi.
COUNT 16
In the final count, the commission claimed Malami concealed N415m between 2018 and 2021 to purchase multiple properties in Abuja, Kano and Kebbi.
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