Alleged N8.7b fraud: Court grants N600m bail to ex-AGF Malami, wife, son

Malamis

A Federal High Court in Abuja has granted bail of N200 million each to a former Attorney General of the Federation (AGF), Abubakar Malami (SAN), his wife, Asabe Bashir and son, Abdulaziz.

The three are being prosecuted by the Economic and Financial Crimes Commission (EFCC) on money laundering charges involving about N8.7billion.

In a ruling on Friday, Justice Joyce Abdulmalik also ordered each of the defendants to produce two sureties who must have developed landed properties in Maitama or Asokoro.

According to the judge, the documents of the properties are to be verified by the Deputy Chief Registrar of the Court, while the sureties are also to depose to an affidavit of means.The three defendants are to deposit their travelling documents with the Court and must not travel out of the country without the permission of the Court.The defendants and their sureties were also ordered to deposit their two recent passport photographs with the court. Nation