The Federal High Court in Abuja has granted N1.5 billion bail to former Attorney-General of the Federation (AGF), Abubakar Malami, SAN, his wife and son, in an ongoing N8.7 billion money laundering trial.
Justice Emeka Nwite passed the ruling following arguments from both the prosecution and defence teams in the suit instituted by the Economic and Financial Crimes Commission (EFCC).
The ruling comes days after Malami, his son Abdulaziz, and his wife, Hajia Bashir Asabe, were arraigned, pleaded not guilty, and remanded in custody, with the court initially reserving its decision on their bail applications.