METRO/CRIME

Court Grants ₦200m Bail To Ex-AGF Abubakar Malami, Wife, Son

 

 

A Federal High Court in Abuja has granted bail to the former Attorney General of the Federation, Abubakar Malami; his wife, Asabe Bashir; and their son, Abdulaziz Malami, in an ongoing money laundering case.

Justice Joyce Abdulmalik granted each of the defendants bail in the sum of ₦200 million with two sureties in like sum.

As part of the bail conditions, the court ordered that one of the sureties must deposit title deeds of properties located in either Maitama or Asokoro, both highbrow districts of Abuja.

The court also directed the defendants to deposit their international passports with the court.

Pending the fulfilment of the bail conditions, Malami, his wife, and their son are to remain in the custody of the Nigerian Correctional Service.

Justice Abdulmalik subsequently adjourned the matter until March 16, 2026, for the commencement of the trial.

The case forms part of the investigation into alleged financial crimes involving the former chief law officer of the federation and members of his family.

Malami, alongside his wife and son, is accused of laundering about ₦8.7 billion through a network of companies and property acquisitions.

According to the allegations before the court, the defendants conspired to conceal illicit funds through corporate entities, including Metropolitan Auto Tech Limited and Meethaq Hotels Limited.

Prosecutors also allege that the funds were used to purchase high-value properties in Abuja as well as in other parts of the country, including Kano and Kebbi states.

The matter was recently reassigned to Justice Abdulmalik after earlier judges handling the case recused themselves or transferred the file.

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