Justice Emeka Nwite of the Federal High Court sitting in Abuja has admitted former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, to bail in the sum of N500 million and two sureties in like sum pending his trial.

Malami, his son, Abdulaziz Malami, and his wife, Hajia Asabe Bashir, who is an employee of Rahamaniyya Properties Limited, are being prosecuted by the Economic and Financial Crimes Commission (EFCC) over alleged money laundering to the tune of N8.7 billion.

Ruling on the bail application filed by Malami and his codefendants on Wednesday, Justice Nwite also ordered that the two sureties must have landed properties in Maitama, Asokoro, or Gwarimpa districts of Abuja.

He ruled that the documents of the properties belonging to the sureties are to be verified by the Deputy Chief Registrar of the Court, while the sureties are also to depose to an affidavit of means.

Malami is to deposit his travelling documents with the Court and must not travel out of the country without the express permission of the court.

Besides, the former AGF and his sureties were also ordered to deposit their two recent passport photograph with the court.

Meanwhile, Malami has been ordered to be remanded at the Kuje Correctional Centre in Abuja pending the perfection of the bail conditions.

After delivering ruling on the bail application, the trial judge, Justice Nwite, fixed February 17, 2026, for the commencement of the trial in the matter.

The same bail conditions were extended to Malami’s son, Abdulaziz Malami, and his wife, Hajia Asabe Bashir, who is an employee of Rahamaniyya Properties Limited.

The EFCC had slammed a 16-count charge against Malami, his son, and his wife.

In count one of the charge, the anti-graft agency alleged that, “You Abubakar Malami, SAN, and Abubakar Abdulaziz Malami, between July 2022 and June 2025, in Abuja, procured Metropolitan Auto Tech Limited to conceal the unlawful origin of the sum of N1,014,848,500.00 in a Sterling Bank Plc account, when they reasonably ought to have known that the sum constituted proceeds of unlawful activities, thereby committing an offence contrary to Section 21(c) of the Money Laundering (Prevention and Prohibition) Act, 2022, and punishable under Section 18(3) of the same Act”.

Count five reads: “That you Abubakar Malami, SAN, Abubakar Abdulaziz Malami and Hajia Bashir Asabe, an employee of Rahamaniyya Properties Limited, sometime in September 2024, in Abuja, conspired to disguise the unlawful origin of the aggregate sum of N1,049,173,926.13 paid through the Union Bank Plc account of Meethaq Hotels Limited, Jabi, between November 2022 and September 2024, contrary to Section 21 of the Money Laundering (Prevention and Prohibition) Act, 2022, and punishable under Sections 18(2)(a) and 18(3) of the same Act”.

Count six reads: “That you Abubakar Malami, SAN, and Abubakar Abdulaziz Malami, between November 2022 and October 2025, indirectly took control of the aggregate sum of N1,362,887,872.96 paid through the Union Bank Plc savings account of Meethaq Hotels Limited, when they reasonably ought to have known that the funds constituted proceeds of unlawful activities, contrary to Section 18(2)(d) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022”.