Malami Family Granted N200m Bail in Money Laundering Case

Abubakar Malami, the former Attorney General of the Federation and Minister of Justice, along with his son Abdulazeez Malami and wife Hajia Asab Bashir, were granted bail of N200 million each by Justice Joyce Abdulmalik at the Federal High Court in Abuja. This decision follows their arraignment by the Economic and Financial Crimes Commission (EFCC) in December on 16 counts of money laundering and other criminal charges.

The trio pleaded not guilty to the charges, which include conspiracy and concealment of proceeds from unlawful activities. The court had previously set bail at N500 million, which was vacated.

The new bail conditions require the defendants to provide two sureties with properties in Maitama and Asokoro, deposit travel documents, and submit recent passport photographs. While the bail was granted, Malami and his son were remanded in Kuje Prison, and his wife in Suleja Prison, Niger State, pending the fulfillment of bail conditions.

The trial is scheduled to commence on March 16, 2025.