Alleged N8.7bn fraud: Zenith Bank filed suspicious transaction reports on Malami — Witness tells court

A prosecution witness testified in the Federal High Court in Abuja that Zenith Bank filed Suspicious Transaction Reports regarding the accounts of former Attorney-General Abubakar Malami. Malami, his wife, and son are being prosecuted for an alleged N8.7 billion linked to unlawful activities. The witness clarified that while the deposits complied with Central Bank guidelines, the bank filed reports due to regulatory obligations.