A prosecution witness on Tuesday, June 23, 2026, told the Federal High Court in Maitama, Abuja, that several high-value transactions were recorded in the account of Alkausar Farm, one of the entities linked to the alleged N8.7 billion money laundering case involving former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN.
The witness, Munawwarah Salisu Anas, a Compliance Officer with Jaiz Bank Plc, testified as the fifth prosecution witness (PW5) in the ongoing trial of Malami, his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami.
The Economic and Financial Crimes Commission (Economic and Financial Crimes Commission) 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, in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.
Led in evidence by prosecution counsel J.S. Okutepa, SAN, the witness told the court that her role as a compliance officer includes liaising with law enforcement agencies, including the EFCC.
She confirmed receiving a formal request from the commission seeking account-related documents and stated that the bank responded via a letter dated February 4, 2026, addressed to the EFCC Chairman.
The prosecution subsequently tendered the response and accompanying documents, which were admitted in evidence by Justice Joyce Abdulmalik and marked as Exhibit E Series, following the defence’s reservation of objection until final address.
Explaining the exhibit, Anas said it contained a forwarding letter, certificate of identification, account opening documents, and statements of account covering Alkausar Farm.
Reviewing the statement before the court, the witness highlighted multiple inflows and outflows. She stated that on June 13, 2018, the account received a cash deposit of N1 million from Hassan Aliyu, followed by another deposit of N2.25 million on June 20, 2018, from Aliyu Mohammed.
She further told the court that on December 7, 2018, the account recorded several inflows from Kalamu Wahid Global Concept, including four separate transfers of N10 million each and an additional transfer of N8 million on the same day.
According to her testimony, on December 18, 2018, the account recorded a debit transfer of N45.5 million to Donaliv Global Nigeria Limited.
She also disclosed that on July 13, 2020, the account received N26.25 million from Al-Afiya Energy Limited, followed by another identical inflow on July 22, 2020.
On July 24, 2020, she added, the account recorded a debit transfer of N50 million to Sahad Stores Limited and another N1 million to Alfagai Jewelry Nigeria Limited.
The witness further stated that on August 12, 2020, the account received N2.03 million, which was subsequently withdrawn via cheque on the same day by Aliyu Mohammed Hassan.
Under cross-examination, Anas confirmed she did not attend court pursuant to a subpoena and stated that the bank monitors transactions and reports suspicious activities to the Nigerian Financial Intelligence Unit (Nigerian Financial Intelligence Unit).
Following cross-examination and the absence of re-examination, the witness was discharged.
Justice Joyce Abdulmalik thereafter adjourned the matter to July 17, 2026, for continuation of trial.
