- Former Attorney General of the Federation Abubakar Malami has been granted N200 million bail by the Federal High Court in Abuja over alleged N8.7 billion money laundering charges filed by the Economic and Financial Crimes Commission.
- However, he and his son were remanded in the Kuje Correctional Centre pending the fulfillment of their bail conditions, while trial begins on March 16.
A judge of the Federal High Court in Abuja, Joyce Abdulmalik, has granted bail to former Attorney General of the Federation, Abubakar Malami, in the sum of N200 million over alleged N8.7 billion money laundering charges.
Malami and his co-defendants were arraigned on a 16-count charge filed by the Economic and Financial Crimes Commission.
In her ruling on Friday, Justice Abdulmalik ordered that the defendants must produce two sureties each who will stand for them in the same amount.
The court also directed that the sureties must own developed landed properties in Maitama or Asokoro, two high-profile districts in Abuja. The property documents are to be verified by the court’s Deputy Chief Registrar, while the sureties must also submit affidavits confirming their financial capacity.
The judge further ordered the defendants to deposit their travel documents and two recent passport photographs with the court. They were also barred from leaving the country without the court’s permission.
Despite the bail approval, the court ordered that Malami and his son be remanded at the Kuje Correctional Centre, while his wife was to be held at the Suleja Correctional Centre pending the fulfillment of their bail conditions.
The court fixed March 16 for the commencement of trial in the corruption case.
Meanwhile, associates and supporters of the former justice minister were reportedly working to meet the bail conditions.
Leave a Reply