The Federal High Court sitting in Abuja has granted bail to former Attorney-General of the Federation, Abubakar Malami (SAN), and his son, Abdulaziz Malami, in an ongoing money laundering case.
Justice Emeka Nwite, who delivered the ruling, granted both father and son bail in the sum of ₦1 billion each, while Malami’s wife, Hajia Bashir Asabe, who is also a defendant in the case, was granted bail in the sum of ₦500 million.
Strict Bail Conditions Imposed
The court imposed stringent conditions for the bail, ordering that each defendant must provide two sureties. Each surety is required to own landed property in Asokoro, Maitama, or Gwarinpa within the Federal Capital Territory.
The title documents of the properties are to be submitted to the court for verification. In addition, the defendants were ordered to surrender their international passports.
The sureties must also submit two recent passport photographs and swear to an affidavit of means confirming their financial capacity.
Travel Restrictions and Custody Order
Justice Nwite warned that the defendants must not travel outside Nigeria without prior approval of the court.
He further ruled that the defendants will remain in custody until all bail conditions are fully perfected.
Case Adjourned
The court adjourned the matter to February 17 for continuation of trial.
Background of the Case
The Economic and Financial Crimes Commission (EFCC) had earlier alleged that assets valued at over ₦200 billion were traced to Abubakar Malami.
According to the anti-graft agency, a significant portion of the assets is linked to financial transactions allegedly carried out during Malami’s tenure as Attorney-General between 2015 and 2023.
With bail now granted under strict conditions, the Malami family is expected to comply fully ahead of the next court sitting, as public attention remains focused on the outcome of the trial.
