12/25/2025
Abubakar Malami Stole A Whopping Sum Of N212 Billion:
TheCable reports that the properties — hotels, residential buildings, lands, schools, and a printing press — are scattered across Kebbi, Kano and the Federal Capital Territory (FCT).
The properties in Kebbi state are valued at N162,195,950,000, while the assets in Kano state are said to be worth N16,011,800,000, and the value of the FCT properties was put at N34,685,000,000.
The Nigerian Government has instituted new money laundering charges against former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and his son, Abubakar Abdulaziz Malami, over alleged financial transactions exceeding N1 billion.
The 16-count charge, filed before the Federal High Court in Abuja and marked FHC/ABJ/CR/700/2025, lists the Federal Republic of Nigeria as the complainant, with Hajia Bashir Asabe named as a co-defendant.
According to court documents, the defendants are accused of handling, transferring, and concealing funds suspected to be proceeds of unlawful activities.
Investigators allegedly traced a total of N1,014,848,500 to a Sterling Bank account linked to the transactions.
The prosecution claims the funds were laundered through corporate entities, including Metropolitan Auto Tech Limited, which was allegedly used as a front to obscure the source and movement of the money.
Malami served as Nigeria’s Attorney-General from 2015 to 2023 under former President Muhammadu Buhari and faced repeated corruption allegations during his tenure, which he consistently denied.
Meanwhile, in a related case, the Federal High Court in Abuja had earlier granted Malami interim bail in a separate matter involving the EFCC.
The court ordered him to surrender his passport and meet existing bail conditions, including providing two sureties.
The case has been adjourned until January 5, 2026, for further proceedings.
My Take: How could someone steal this gargantuan amount of money? What does he want to use it for if not that he’s just usel£sss and heartless?
Buhari hated Nigeria so much and his devilish attitude alongside his foot soldiers like Malami siphoned the treasury and today Nigerians are suffering it😭😭😭
