Ex-AGF Malami, Son, Wife Granted Bail in N9 Billion Money Laundering Trial
Former Attorney General of Nigeria, Abubakar Malami, his son, and wife were granted bail in a money laundering trial where they face charges of laundering approximately N9 billion. The trial involves allegations of concealing proceeds of unlawful activities and diverting funds for personal gain.
The court required the defendants to present sureties and imposed travel restrictions. The Economic and Financial Crimes Commission (EFCC) claims the defendants used various companies to conceal and launder funds.
Bank officials, real estate agents, and bureau de change operators are expected to testify. The trial is set to resume on February 17.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
Read full article
Continue on Politics Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Malami, Son, Wife Granted ₦1 Billion Bail in Money Laundering Case
Court Grants Conditional Bail to Ex-Minister Malami in Money Laundering Case
Abubakar Malami Reacts to ₦1.5 Billion Bail for Family Members in Corruption Case
Former AGF Abubakar Malami Remanded in N9bn Fraud Case
New Judge Takes Over ₦8.7 Billion Fraud Trial Involving Ex-AGF Malami
FG Drags Ex-AGF Malami and Son to Court Over ₦1bn Money Laundering Scandal
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
