The Federal High Court in Abuja has granted bail to former Attorney-General of the Federation Abubakar Malami, his wife Hajia Bashir Asabe, and their son Abdulaziz Malami, each in the sum of ₦200 million with two sureties in like sum.
Justice Joyce Abdulmalik delivered the ruling on Friday, ordering one surety to provide title documents for property in Maitama or Asokoro, Abuja. The defendants must also surrender their international passports and remain in Nigerian Correctional Service custody until conditions are met.
The court adjourned the matter to March 16 for trial commencement.
The EFCC had re-arraigned them on a 16-count charge of money laundering involving about N9 billion. The agency alleged they concealed proceeds of crime through Metropolitan Auto Tech Limited and Rayhaan Hotels Ltd, using funds for properties in Abuja, Kebbi, Kano, and elsewhere.
The court initially granted ₦500 million bail each on January 7 under Justice Emeka Nwite, but Justice Abdulmalik ruled proceedings started afresh before her and required new applications.
Malami also faces a separate five-count DSS charge of terrorism financing and illegal firearms possession.
