A prosecution witness in the alleged N8.7 billion money laundering trial involving former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has revealed details of multi-million-naira transactions traced to the account of Alkausar Farm, an entity linked to the case.
The witness, Munawwarah Anas, a Compliance Officer with Jaiz Bank Plc, testified yesterday before the Federal High Court in Abuja as the fifth prosecution witness in the trial of Malami, his wife, Bashir Asabe, and his son, Abubakar Abdulaziz Malami.
The Economic and Financial Crimes Commission (EFCC) is prosecuting the defendants on a 16-count charge bordering on conspiracy, concealment and laundering of alleged proceeds of unlawful activities amounting to N8,713,923,759.49. Mm
Led in evidence by EFCC counsel, Jibrin Okutepa (SAN), the witness told the court that Jaiz Bank provided account opening documents and statements of account for Alkausar Farm following a request from the anti-graft agency.
The documents were admitted in evidence by Justice Joyce Abdulmalik and marked as Exhibit E Series. Reviewing the account statement, Anas told the court that the account recorded several high-value inflows and outflows, including a N1 million cash deposit from Hassan Aliyu on June 13, 2018, and another N2.25 million deposit from Aliyu Mohammed on June 20, 2018.
She further testified that on December 7, 2018, the account received multiple transfers from Kalamu Wahid Global Concept, including four separate N10 million transactions and an additional N8 million transfer.
The witness also disclosed a N45.5 million transfer debit made to Donaliv Global Nigeria Limited on December 18, 2018.
Among others, she said the account later received N26.25 million each from Al-Afiya Energy Limited on July 13 and July 22, 2020, while N50 million was transferred to Sahad Stores Limited and another N1 million to Alfagai Jewellery Nigeria Limited on July 24, 2020.
Under cross-examination, the witness said the bank monitors suspicious transactions and reports them to the Nigerian Financial Intelligence Unit (NFIU).
When asked whether she received any correspondence from the EFCC in the course of her duties, she answered in the affirmative and identified a letter from the Commission requesting account-related documents. According to the witness, the bank responded through a letter dated February 4, 2026, addressed to the Executive Chairman of the EFCC.
Meanwhile, defence counsel Adedayo Adedeji (SAN) reserved his objection until the final written address, and Justice Abdulmalik admitted the documents in evidence and marked them as Exhibit E Series. Justice Abdulmalik then adjourned the matter until July 17, 2026, for continuation of the trial.
