Court Grants ₦500 Million Bail Each to Ex-AGF Malami, Wife, Son in EFCC Case
Court Grants ₦500 Million Bail Each to Ex-AGF Malami, Wife, Son in EFCC Case
Court Grants ₦500 Million Bail Each to Ex-AGF Malami, Wife, Son in EFCC Case
A Federal High Court sitting in Abuja has granted bail in the sum of ₦500 million each to a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), his wife, Asabe Bashir Malami, and their son, Abdulaziz Malami.
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Justice Emeka Nwite delivered the ruling on Wednesday after considering bail applications filed by the defendants in a money laundering case instituted by the Economic and Financial Crimes Commission (EFCC).
In his ruling, Justice Nwite ordered that each defendant must produce two sureties in the same amount of ₦500 million. The sureties are required to own verifiable properties located in high-value areas of Abuja, including Maitama, Asokoro, or Gwarinpa. The court directed that the title documents of the properties be submitted for verification.
The judge also ordered the defendants to surrender their international passports to the court and warned that they must not travel outside Nigeria without prior permission. Until all bail conditions are fully met, the court ruled that the defendants should remain in custody at the Kuje Correctional Centre.
Malami, his wife, and son are facing a 16-count charge bordering on alleged money laundering involving approximately ₦8.7 billion. The EFCC alleged that the defendants conspired to conceal and disguise proceeds of unlawful activities through multiple bank accounts and property acquisitions in Abuja and other locations.
The defendants had earlier pleaded not guilty to all charges during their arraignment. Justice Nwite adjourned the case to February 17, 2026, for the commencement of trial.
Court Grants ₦500 Million Bail Each to Ex-AGF Malami, Wife, Son in EFCC Case