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.