A Federal High Court in Abuja has granted N1.5 billion bail to the immediate past Attorney-General of the Federation and Minister of Justice, Abubakar Malami, his wife, Asabe Bashir, and son, Abdulaziz Malami.
The court, in a ruling delivered on Wednesday by Justice Emeka Nwite, granted each of them bail of N500 million in the alleged N8.7 billion money laundering case filed against them by the Economic and Financial Crimes Commission (EFCC).
It held that all the defendants must provide two sureties each in the like sum, who must be owners of landed properties in either Asokoro, Maitama or Gwarinpa districts of the Federal Capital Territory (FCT).
According to the court, aside from submission of title documents of the properties for verification, the defendants must surrender their travel passports.
More so, it held that the sureties must submit two of their recent passport photographs and equally depose to an affidavit of means.
The court warned that the defendants must not travel outside the country without permission.
It held that they should remain in prison custody, pending the perfection of the bail conditions.
The case was subsequently adjourned till February 17 for trial.
He was arraigned before the court alongside his son, Abdulaziz, and his wife, Asabe, who was identified as an employee of Rahamaniyya Properties Limited—a firm allegedly used to conceal proceeds of unlawful activity through property deals.
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