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Bail approved: Former AGF Abubakar Malami, his wife, and son granted N200m bail each with two sureties in ongoing N9bn EFCC trial.
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Court conditions: Defendants must deposit international passports; one surety to provide Abuja property documents.
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Trial update: EFCC’s first witness, Sterling Bank compliance officer, confirms no suspicious transactions linked to Malami personally.
The Federal High Court in Abuja on Friday approved bail for former Attorney-General of the Federation (AGF), Abubakar Malami (SAN), along with his wife and son, in the ongoing N9 billion money laundering trial before the Economic and Financial Crimes Commission (EFCC).
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Justice Joyce Abdulmalik set the bail at N200 million per defendant, with two sureties each.
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One surety must provide title documents of Abuja properties, and the defendants were ordered to deposit their international passports with the court. Pending compliance, they remain in the custody of the Nigerian Correctional Service.
During proceedings, EFCC called David Ajoma, a Sterling Bank compliance officer, who testified that the bank’s review of accounts linked to Rayham Hotel Limited and Metropolitan Autotech revealed no suspicious transactions involving Malami.
The witness confirmed that Abdulaziz Malami was the only name on the loan documents and that no government accounts were used.
The court adjourned the trial to March 16 for continuation.
