ABUJA – Justice Emeka Nwite of the Federal High Court, Abuja, on Wednesday granted bail to former Attorney General of the Federation, Abubakar Malami (SAN), his wife, and son, in the sum of ₦500 million each, following their arraignment on money laundering charges.
The defendants, who face 16 counts of conspiracy, concealment of unlawful proceeds, and money laundering totaling ₦9 billion, were ordered to produce two sureties each with landed properties in highbrow areas of Maitama, Asokoro, or Gwarimpa, Abuja.
Malami is to deposit his travel documents with the court and may not leave the country without judicial permission. He and his sureties must also submit recent passport photographs to the court registry.
Pending the perfection of bail conditions, the former minister and his co-defendants were remanded at the Kuje Correctional Centre.
The Economic and Financial Crimes Commission (EFCC) had opposed bail, alleging that Malami could flee the country or interfere with witnesses. However, Justice Nwite dismissed the claims as speculative, emphasizing the constitutional presumption of innocence.
Trial is set to commence on February 17, 2026.
Disclaimer:
This report is based on court proceedings. All defendants remain innocent until proven guilty. CDA News Nigeria upholds the principles of fair trial and judicial transparency.
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