The Federal High Court in Abuja on Tuesday ordered the remand of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), at Kuje Correctional Centre while his bail application is being considered.
Justice Emeka Nwite also instructed that Malami’s co-defendants—his son, Abubakar Abdulaziz Malami, and one of his wives, Bashir Asabe—remain in custody alongside him.
The decision followed arguments from the defence team, led by Joseph Daudu (SAN), and the prosecution, represented by Ekele Iheneacho (SAN).
Malami and his co-defendants face a 16-count money laundering charge filed by the Economic and Financial Crimes Commission (EFCC). The commission alleges that the trio conspired to conceal, retain, and disguise proceeds from unlawful activities worth several billions of naira.
According to the charge sheet, the alleged offences span several years and include the use of companies and bank accounts to launder funds, retaining cash as collateral for loans, and purchasing high-value properties in Abuja, Kano, and other locations.
The EFCC claims that some of the alleged crimes occurred while Malami was serving as Attorney-General, in violation of the Money Laundering (Prohibition) Act, 2011 (as amended), and the Money Laundering (Prevention and Prohibition) Act, 2022.
