Court

N8.7bn money laundering charge: Ex-AGF, Malami, son, wife granted N200m bail

News Update

Justice Joyce Abdulmalik of the Federal High Court in Abuja has admitted former Attorney General of the Federation, AGF and Minister of Justice, Abubakar Malami, SAN to bail in the sum of N200 million pending his trial in the N8.7 billion money laundering offences brought against him by the federal government.

Malami and his co- defendants are to produce two sureties each, who will stand for them in the like sum.

Justice Abdulmalik in a ruling on bail application by Malami and two others on Friday, ordered that the two sureties must have developed landed properties in Maitama or Asokoro.

The documents of the properties are to be verified by the Deputy Chief Registrar of the Court while the sureties are also to depose to affidavit of means.

The three defendants are to deposit their travelling documents with the Court and must not travel out of the country without the permission of the court.

The defendants and their sureties were also ordered to deposit their two recent passport photograph with the court.

Meanwhile, Malami and his son have been ordered to be remanded in Kuje prison while his wife is to be taken to Suleja prison in Niger State pending the perfection of their bail conditions.

At the time of this report, associates, friends and sympathizers of the former Minister of Justice have been moving round to secure bail for the defendants.

Meanwhile, Justice Abdulmalik has fixed March 16 for commencement of trial of the corruption charges.

The bail applications were argued by Joseph Daudu SAN on behalf of the three defendants.

Jibrin Okutepa SAN who stood for the Economic and Financial Crimes Commission, EFCC, did not oppose the bail request.

Justice Emeka Nwite also of the Federal High Court in Abuja had as a vacation Judge admitted the former AGF to bail in the sum of N500m but the matter started afresh with Justice Abdulmalik.

MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…

The Economic and Financial Crimes Commission, EFCC, filed a 16-count money laundering charge against Malami, his son and his wife.

VAM News

Recent Posts

Real Madrid Launch Disciplinary Action Against Asencio Over Drink-Driving Conviction

Real Madrid have opened disciplinary proceedings against defender Raul Asencio following his conviction for drink-driving,…

15 hours ago

2027 Polls: ADC Sets Up Reconciliation Panel To Heal Post-Primary Wounds

The African Democratic Congress (ADC) has inaugurated a National Reconciliation and Peace Committee to address…

15 hours ago

From Mockery To N14m: How Viral Post Raised Millions For ‘Peanut Seller’ Graduate

What started as online mockery has turned into a N14m lifeline for Madumere Felix Nwachikerendu,…

15 hours ago

Gumel Emirate Loses Emir As Alhaji Ahmed Sani II Dies In Egypt

The Emir of Gumel in Jigawa State, Alhaji Dr. Ahmed Muhammad Sani II, CON, has…

15 hours ago

DSS DG Bans Operatives From Arresting Suspects Over Civil Matters

The Director-General of the Department of State Services, Oluwatosin Ajayi, has directed operatives of the…

15 hours ago

WHO Warns Of “Silent Pandemic” As Antibiotic Resistance Hits Record High

UN Secretary-General Antonio Guterres has warned that the world is entering a “silent pandemic” zone…

16 hours ago