Justice Emeka Nwite of the Federal High Court in Abuja has granted former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, bail in the sum of N500 million pending trial on money laundering charges brought against him by the federal government.
Malami is required to produce two sureties, each standing in the same sum. The court ruled that the sureties must own landed properties in Maitama, Asokoro, or Gwarimpa, and the Deputy Chief Registrar of the court is to verify the property documents. The sureties must also depose to affidavits of means.
Malami must deposit his travel documents with the court and is prohibited from leaving the country without the court’s express permission. Additionally, the former AGF and his sureties are to submit two recent passport photographs each.
Malami will be remanded in Kuje Prison pending fulfilment of the bail conditions. Justice Nwite has fixed February 17 for the commencement of trial on the corruption charges.
The same bail conditions apply to Malami’s son, Abdulaziz Malami, and an employee of Rahamaniyya Properties Limited, Hajia Asabe Bashir. The Economic and Financial Crimes Commission (EFCC) filed a 16-count money laundering charge against Malami, his son, and his wife.
