The Federal High Court in Abuja has granted bail to former Attorney-General of the Federation, Abubakar Malami, his wife, Asabe Bashir, and their son, Abdulaziz Malami, in an alleged money laundering case brought against them by the Economic and Financial Crimes Commission (EFCC).
Delivering the ruling on Friday, Justice Joyce Abdulmalik admitted the three defendants to bail in the sum of ₦200 million each. The decision followed a bail application filed after their re-arraignment on a 16-count charge bordering on money laundering.
All three defendants had pleaded not guilty when they appeared before the court on February 27.
In granting bail, Justice Abdulmalik imposed strict conditions, including the production of two sureties each, who must undertake the same bail sum. At least one surety for each defendant must deposit title documents of a property located in Maitama or Asokoro, two high-value districts in the Federal Capital Territory.
The court also ordered the defendants to surrender their international passports to the registry to ensure they remain within jurisdiction during trial. Until the bail conditions are met, they will remain in the custody of the Nigerian Correctional Service.
The matter has been adjourned until March 16 for commencement of trial.
By Bimbo Adenrele, Abuja
