LunagisthubBreaking News: Ex-AGF Malami and Son Face Money Laundering Charges
The Federal Government has filed 16-count charges against former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and his son, Abubakar Abdulaziz Malami, over alleged money laundering of ₦1.014 billion. The charges were filed before the Federal High Court in Abuja .
According to the charges, Malami and his son allegedly used a company, Metropolitan Auto Tech Limited, to conceal the unlawful origin of the funds. The government accuses them of laundering and concealing the funds, which were allegedly traced to a commercial bank. The charges also allege that Malami used his position as Attorney-General to facilitate the laundering of the funds .
16-count charges: The Federal Government has filed 16-count charges against Malami and his son, including money laundering and concealment of funds.
₦1.014 billion: The alleged amount involved in the money laundering is ₦1.014 billion.
Metropolitan Auto Tech Limited:The company is alleged to have been used as a front to conceal the origin and movement of the funds .
The case will now proceed to trial, and Malami and his son will have to defend themselves against the allegations. If convicted, they could face serious penalties, including imprisonment.
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