The Federal High Court in Abuja has scheduled January 7 to deliver a ruling on the bail applications of former Attorney-General of the Federation, Abubakar Malami, SAN, his son Abubakar Abdulaziz, and his wife, Bashir Asabe
Justice Emeka Nwite set the date on Friday after the defence, led by Joseph Daudu, SAN, and the Economic and Financial Crimes Commission (EFCC), represented by Ekele Iheanacho, SAN, completed their submissions and adopted their respective processes.
According to reports, the EFCC filed the case under suit number FHC/ABJ/CR/700/2025, naming Malami, his wife, and son as the first, second, and third defendants in a money laundering trial.
The anti-graft agency alleged that the defendants engaged in suspicious financial transactions and attempted to conceal the illegal origin of billions of naira through bank accounts and property acquisitions across Abuja, Kano, and Kebbi.
The offences are said to have occurred between 2015 and 2025, covering Malami’s tenure as AGF under the late former President Muhammadu Buhari’s administration.
The EFCC claimed that Malami, Abdulaziz, and Asabe conspired to disguise the source of the funds, acquire property indirectly, and retain sums they allegedly knew were proceeds of unlawful activity, in breach of the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.
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