The Federal High Court in Abuja will rule on January 7 on the bail requests submitted by former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, his wife, Bashir Asabe, and their son, Abubakar Abdulaziz. The case involves allegations of money laundering amounting to billions of naira.
The court date was set after lawyers for both the defence and the Economic and Financial Crimes Commission presented their arguments and formal documents before Justice Emeka Nwite. The EFCC had accused the three defendants of carrying out suspicious financial transactions and attempting to hide the source of large sums of money through bank accounts and property acquisitions across Abuja, Kano, and Kebbi.
The alleged transactions reportedly took place between 2015 and 2025, a period that includes Malami’s service as the nation’s Attorney-General under former President Muhammadu Buhari. The EFCC claimed that the trio conspired to conceal the origin of funds, indirectly acquire property, and retain money they allegedly knew came from unlawful sources. The charges fall under the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.
The court’s decision will determine whether the former minister, his wife, and son will be granted bail while the legal proceedings continue.
CLICK THE LINK TO READ FULL LIST
- Advertisement -
Comments are closed.