The Federal High Court sitting in Abuja has fixed January 7 for ruling on the bail applications filed by former Attorney-General of the Federation (AGF), Mr Abubakar Malami, SAN, his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami.
Justice Emeka Nwite adjourned the matter to the stated date on Friday after counsel to the defendants, Joseph Daudu, SAN, and the prosecution counsel for the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho, SAN, adopted their written processes and presented oral arguments for and against the bail applications.
The defendants are standing trial in a money laundering case instituted by the EFCC and marked FHC/ABJ/CR/700/2025. In the charge, Malami is listed as the first defendant, while his wife and son are named as the second and third defendants respectively.
According to the EFCC, the defendants are accused of engaging in multiple suspicious financial transactions and attempting to conceal the unlawful origin of billions of naira through bank accounts and property acquisitions located in Abuja, Kano and Kebbi states.
The alleged offences are said to have been committed between 2015 and 2025, a period that covers the eight years Malami served as Attorney-General of the Federation under the administration of late former President Muhammadu Buhari.
The anti-graft agency further alleged that Malami, his wife and son conspired to disguise the origin of funds, indirectly acquire properties, and retain sums they allegedly knew to be proceeds of unlawful activity.
The offences are said to be in violation of the provisions of the Money Laundering (Prohibition and Prevention) Act, 2011 (as amended), and the Money Laundering (Prevention) Act, 2022.
Justice Nwite is expected to deliver his ruling on the bail applications on January 7.