A Federal High Court in Abuja on Wednesday placed former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), under strict bail conditions as he faces trial over an alleged N9 billion money laundering scheme.
Justice Emeka Nwite admitted Malami to bail in the sum of N500 million, ordering him to produce two sureties in like sum, each with verifiable landed property in high-value areas of the Federal Capital Territory, including Maitama, Asokoro or Gwarimpa.
In a ruling on the bail application, the court directed that the title documents of the properties be verified by the Deputy Chief Registrar, while the sureties must also swear to affidavits of means.
Justice Nwite further ordered Malami to surrender his international passport to the court and barred him from travelling outside Nigeria without prior judicial approval. Both the former AGF and his sureties were also directed to submit two recent passport photographs each.
Pending the fulfilment of the bail conditions, Malami was ordered to be remanded at the Kuje Correctional Centre.
The court fixed February 17, 2026, for the commencement of trial.
The bail ruling was equally extended to Malami’s son, Abdulaziz Malami, and an employee of Rahamaniyya Properties Limited, Hajia Asabe Bashir, who are co-defendants in the case.
The Economic and Financial Crimes Commission (EFCC) had filed a 16-count charge bordering on money laundering against Malami, his son and his wife, alleging the laundering of N9 billion.
The case adds to a growing list of high-profile corruption prosecutions as authorities intensify efforts to hold former public officials accountable for alleged financial crimes.
Court Slams Strict Bail Terms on Malami in N9bn Laundering Trial
