The Federal High Court in Abuja has fixed January 7 to deliver its ruling on the bail applications filed by a former Attorney-General of the Federation, Abubakar Malami, his son, Abubakar Abdulaziz, and his wife, Bashir Asabe.
Justice Emeka Nwite adjourned the matter after counsel to the defendants, Joseph Daudu, and counsel to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho, adopted their written addresses and argued their positions before the court.
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The defendants are standing trial in a charge marked FHC/ABJ/CR/700/2025, filed by the EFCC, which listed Malami as the first defendant, his wife as the second, and his son as the third in an alleged money laundering case.
According to the anti-graft agency, the defendants allegedly engaged in multiple suspicious financial transactions aimed at concealing the illicit origin of billions of naira, using bank accounts and property acquisitions spread across Abuja, Kano, and Kebbi states.
The EFCC alleged that the offences were committed between 2015 and 2025, a period that covers Malami’s tenure as Attorney-General of the Federation under the administration of the late former President Muhammadu Buhari.
The Commission further accused the defendants of conspiring to disguise the source of funds, acquiring properties through proxies, and retaining proceeds they allegedly knew were derived from unlawful activities, contrary to the provisions of the Money Laundering (Prohibition and Prevention) Act, 2011 (as amended) and the 2022 Act.
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