Court grants Malami, wife, son ₦500m bail each

A Federal High Court in Abuja has granted bail in the sum of ₦500 million each to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), his wife Asabe Bashir Malami, and his son Abdulaziz Malami.

Justice Emeka Nwite, who delivered the ruling on Wednesday, granted the bail after considering applications filed by the defendants in a money laundering case instituted by the Economic and Financial Crimes Commission (EFCC).

The court ordered that each defendant must produce two sureties in the same amount of ₦500 million. The sureties are required to own verifiable properties within high-value areas of Abuja, including Maitama, Asokoro or Gwarinpa. The title documents of the properties must be submitted to the court for verification.

READ ALSO: Court sends ex-AGF Malami, son to Kuje Prison

Justice Nwite also directed the defendants to surrender their international passports and warned that they must not travel outside the country without the court’s permission. Until all bail conditions are met, the defendants are to 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 about ₦8.7 billion, preferred against them by the EFCC. The anti-graft agency 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.

READ ALSO: EFCC links Malami’s wealth to Abacha loot, Paris club refunds, CBN loans

The defendants had earlier pleaded not guilty to all the charges during their arraignment.

The case has been adjourned to February 17, 2026, for the commencement of trial.

Follow the Neptune Prime channel on WhatsApp:

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com