The Federal High Court sitting in Abuja has fixed January 7 to deliver its ruling on the bail applications filed by 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 lawyers to both parties adopted their written submissions and argued their positions before the court. Malami’s legal team was led by Joseph Daudu, SAN, while the Economic and Financial Crimes Commission was represented by Ekele Iheanacho, SAN.
The trio are facing charges in a money laundering case brought by the anti-graft agency. They were listed as the first, second, and third defendants respectively in the charge.
According to the prosecution, the defendants allegedly carried out a series of suspicious financial transactions aimed at concealing the source of large sums of money. The EFCC claimed the funds were moved through bank accounts and used to acquire properties in Abuja, Kano, and Kebbi states.
The alleged offences are said to have occurred between 2015 and 2025, covering the period when Malami served as Attorney-General under the administration of former President Muhammadu Buhari.
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The commission further alleged that Malami, his wife, and son conspired to disguise the origin of the funds, acquire properties indirectly, and retain proceeds they allegedly knew were linked to unlawful activities. These actions, according to the prosecution, contravene provisions of the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.
The court is expected to decide on the bail applications when proceedings resume on January 7.
