Money Laundering: Court Grants Bail to Malami, Family, Orders Passport Seizure

From Victor Osula, Abuja

A Federal High Court sitting in Abuja on Friday granted bail to former Attorney General of the Federation (AGF), Abubakar Malami, his wife, Asabe Bashir, and their son, Abdulaziz Malami, in an alleged money laundering case instituted against them by the Economic and Financial Crimes Commission (EFCC).

Justice Joyce Abdulmalik, who presided over the matter, admitted each of the defendants to bail in the sum of ₦200 million, with two sureties in like sum.

The court ruled that one of the sureties must provide title documents of a landed property located in either Maitama or Asokoro, two of the most exclusive districts in the Federal Capital Territory (FCT), Abuja.

In addition, the judge ordered the defendants to deposit their international passports with the court pending the conclusion of the trial.

Justice Abdulmalik further directed that until all bail conditions are fully met, the former minister and his family members are to remain in the custody of the Nigerian Correctional Service.

The ruling followed the re-arraignment of the trio by the EFCC on a 16-count amended charge bordering on alleged money laundering. They had pleaded not guilty to the charges.

Malami and his son were earlier remanded at the Kuje Correctional Centre, while his wife was held at the Suleja Correctional Centre, following their initial arraignment on December 30, 2025, under charge number FHC/ABJ/CR/700/2025.

Meanwhile, Justice Abdulmalik has adjourned the matter to March 16 for the commencement of trial.