Court Grants Malami, Wife, Son ₦500m Bail Each in Alleged Money Laundering Case

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Court Grants Malami, Wife, Son ₦500m Bail Each in Alleged Money Laundering Case

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A Federal High Court in Abuja on Wednesday, January 7, 2026, granted former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, bail in the sum of ₦500 million over alleged money laundering charges.

Justice Emeka Nwite, who presided over the matter, also approved separate ₦500 million bail for Malami’s wife and son in the case instituted by the Economic and Financial Crimes Commission (EFCC).

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In his ruling, Justice Nwite imposed stringent bail conditions, directing that each defendant must present two sureties with verifiable landed property in Abuja’s highbrow areas of Asokoro, Maitama, or Gwarinpa.

The court ordered that the title documents of the properties be deposited and verified by the Deputy Chief Registrar, while the sureties are to swear affidavits of means attesting to their financial capacity. Additionally, Malami was ordered to surrender his travel documents and barred from leaving Nigeria without the court’s permission.

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The trio is currently facing trial over allegations of fraud and money laundering preferred against them by the EFCC.

 

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