Fresh revelations emerged in the ongoing N8.7bn fraud case involving former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, as a Zenith Bank compliance officer told a Federal High Court in Abuja that suspicious transactions linked to an account associated with the former minister had been flagged and reported to financial authorities.
Testifying before the court on Wednesday, Mashelia Bata, a compliance officer with Zenith Bank Plc, said the bank submitted a Suspicious Transaction Report (STR) concerning activities on the account in question to the Nigerian Financial Intelligence Unit (NFIU), in line with regulatory obligations.
Bata’s testimony came as proceedings continued in the case involving Malami, alongside his wife and son, with prosecutors seeking to establish alleged financial irregularities amounting to N8.7bn.
The disclosure adds a new layer to the high-profile trial, which has drawn public attention over allegations of financial misconduct and scrutiny surrounding transactions tied to the former justice minister and his family.
