The Economic and Financial Crimes Commission (EFCC) has filed fresh money laundering charges against former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and his son, Abubakar Abdulaziz Malami, over alleged financial dealings involving more than N1 billion.

The 16-count charge, instituted before the Federal High Court in Abuja, is marked FHC/ABJ/CR/700/2025 and lists the Federal Republic of Nigeria as the complainant. Also named as a co-defendant is Hajia Bashir Asabe.

Court filings allege that the defendants knowingly handled, transferred and concealed funds suspected to be proceeds of unlawful activities. Investigators reportedly traced a total sum of N1,014,848,500 to a Sterling Bank account connected to the transactions.

Prosecutors claim the funds were moved through corporate fronts, including Metropolitan Auto Tech Limited, which was allegedly used to disguise the origin and flow of the money.

The charge further accuses the defendants of acquiring several properties between 2015 and 2025 in Abuja, Kano and Kebbi states with illicit funds.

The assets are said to include luxury residences in high-end Abuja districts such as Maitama, Asokoro, Gwarimpa and Jabi, with some purchases allegedly made while Malami was still in office as Attorney-General.

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One of the counts alleges that between July 2022 and June 2025, the defendants used Metropolitan Auto Tech Limited to conceal the unlawful source of over N1.014 billion, an offence said to be contrary to the Money Laundering (Prevention and Prohibition) Act, 2022.

The charge sheet also details the alleged use of bank accounts, hotel ventures and real estate firms to retain, move or disguise large sums of money, including payments linked to hotels, plazas, duplexes and landed properties.

According to the prosecution, the defendants “reasonably ought to have known” that the funds involved were proceeds of illegal activities.

Malami served as Attorney-General of the Federation from 2015 to 2023 under former President Muhammadu Buhari. He faced several corruption allegations during his tenure, all of which he repeatedly denied.

In a related development, the Federal High Court in Abuja had earlier granted Malami interim bail in a separate case involving the Economic and Financial Crimes Commission (EFCC).

The court ordered him to surrender his passport and comply with existing bail conditions, including providing two sureties.

The matter has been adjourned to January 5, 2026, for further proceedings.