ABUJA, Nigeria — A Federal High Court in Abuja on Wednesday, January 7, 2026 granted bail to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, imposing stringent conditions as he faces trial over an alleged ₦9 billion money laundering scheme.
Justice Emeka Nwite admitted Malami to bail in the sum of ₦500 million, directing that he produce two sureties in like sum.
Each surety must own verifiable landed property in high-value districts of the Federal Capital Territory, including Maitama, Asokoro, or Gwarimpa.
The court ordered that the title documents of the properties be verified by the Deputy Chief Registrar.
The sureties are also required to depose to affidavits of means, confirming their financial capacity.
Justice Nwite further directed Malami to surrender his international passport, prohibiting him from travelling outside Nigeria without the court’s permission.
Both Malami and his sureties must submit two recent passport photographs each.
Pending compliance with the bail terms, the court ordered that Malami be remanded at the Kuje Correctional Centre.
The bail ruling was extended to Malami’s son, Abdulaziz Malami, and Hajia Asabe Bashir, an employee of Rahamaniyya Properties Limited, who are listed as co-defendants in the case.
The court fixed February 17, 2026, for the commencement of trial.
The Economic and Financial Crimes Commission (EFCC) has filed a 16-count charge against Malami, his son and Bashir, alleging their involvement in laundering about ₦9 billion.
The case forms part of ongoing high-profile corruption prosecutions targeting former public officials accused of financial crimes.
Further proceedings in the matter are expected on the adjourned date.
