Ex-AGF Malami, Family Face January 7 Bail Fate in N9bn Fraud Saga

The Federal High Court in Abuja, presided over by Justice Emeka Nwite, has extended the detention of Abubakar Malami, immediate past Attorney-General of the Federation (AGF) and Minister of Justice, alongside his son, Abdulaziz Malami, and one of his wives, Asabe Bashir (also known as Hajia Asabe Bashir). The trio will remain at the Kuje Correctional Centre until January 7, 2026, when the court is scheduled to rule on their bail applications.
Their continued detention follows their arraignment on December 30, 2025, on a 16-count criminal charge bordering on money laundering. All defendants pleaded not guilty to the charges. Following their arraignment, Justice Nwite had ordered their remand in prison custody pending the hearing and determination of their bail application. By Friday, January 2, 2026, they had already spent three nights at the Correctional Centre, and with the bail ruling set for January 7, their stay could extend to at least eight days if their bail application is eventually successful. This period is separate from the time they had spent in the custody of the Economic and Financial Crimes Commission (EFCC) prior to their arraignment; Mr. Malami spent 22 nights in EFCC custody from December 8, while his wife and son spent approximately a week, from December 23.
During the bail hearing on Friday, January 2, 2026, the defence counsel, led by Chief Joseph Daudu (SAN), argued for their release on liberal bail terms, emphasizing that the alleged offences are bailable and urged the judge to consider Mr. Malami’s status as a former AGF. Daudu stated that granting bail would enable his clients to adequately defend themselves and noted that the EFCC had previously granted them administrative bail. Conversely, the EFCC’s lawyer, Emmanuel Iheanacho (SAN), opposed the bail application, asserting that the defendants were capable of interfering with witnesses and evidence. The prosecution also suggested that keeping the defendants in custody would ensure their safety from Kebbi residents who might harbor resentment over the alleged offences.
The anti-graft agency accuses the defendants of money laundering involving between N8.1 billion and N8.7 billion of alleged illegitimately acquired assets. The charges specifically detail a conspiracy to disguise the origin of funds, acquire property indirectly, and retain sums known to be proceeds of unlawful activity, in violation of the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022. The alleged offences were committed between 2015 and 2025, a period encompassing Malami’s eight years as AGF during the administration of the late former President Muhammadu Buhari. EFCC has reportedly traced over N200 billion worth of assets, including a university, hotel, and residential houses, to Mr. Malami across Abuja, Kano, and Kebbi.
Specific allegations include Mr. Malami and his son procuring Metropolitan Auto Tech Limited to conceal over N1 billion and another N600 million between July 2022 and June 2025. They are also accused of using Rahamaniyya Properties Ltd, a firm where Malami’s wife, Ms. Bashir, is an employee, to conceal N500 million for a luxury duplex in Abuja in November 2022. Furthermore, the trio allegedly conspired to disguise the unlawful origin of an aggregate sum of over N1.049 billion paid through the Union Bank Plc account of Meethaq Hotels Ltd between November 2022 and September 2024. Another count accuses them of indirectly taking control of N1.362 billion paid through Meethaq Hotels Ltd’s savings account in Union Bank Plc. The charges also list the concealment of N700 million for a property at No. 3 Onitsha Crescent, Garki, Abuja; N850 million for Plot 683, Jabi District, Abuja; the acquisition of No. 3 Rhine Street, Maitama, Abuja, for N430 million in February 2018; and the concealment of N210 million for No. 3130, Cadastral Zone A04, Asokoro, Abuja, in the same month. Additional alleged concealments include N325 million for No. 1241B, Asokoro District, between March and June 2021, and N120 million for No. 27 Efab Estate, Gwarimpa, Abuja, between November 2015 and January 2016. The funds were allegedly structured to disguise their illicit origin and avoid regulatory scrutiny, with some retained as cash collateral for bank facilities.
Following Friday’s arguments, Justice Nwite stated his inability to deliver an immediate ruling due to the court’s workload, consequently adjourning the case to January 7, 2026, for a decision on the bail application. The defendants will remain in custody until that date.
Recommended Articles
Ex-AGF Malami Faces N213 Billion Forfeiture Order Amid Explosive Money Laundering Trial

A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties valued at ₦213.2 billion, linked to fo...
Legal Shake-Up: Judge Abruptly Steps Down From Ex-AG Malami's Explosive N213BN Forfeiture Case

Justice Obiora Egwuatu of the Federal High Court in Abuja has withdrawn from two high-profile cases involving former AGF...
Ex-AGF Malami Rushed Back to Custody After Kuje Prison Release

Former Attorney General of the Federation, Abubakar Malami, was re-arrested by the Department of State Services (DSS) on...
Shocking Twist: High-Profile Figure Malami Rearrested by DSS Immediately After Prison Release

Former Attorney-General Abubakar Malami was arrested by the DSS after leaving Kuje Prison, now facing fresh allegations ...
Olukoyede Under Fire: EFCC Boss Battles Probe Claims, Vows Resignation Over Mandate

EFCC Chairman Ola Olukoyede has provided extensive updates on high-profile corruption cases, including allegations again...
You may also like...
Be Honest: Are You Actually Funny or Just Loud? Find Your Humour Type
Are you actually funny or just loud? Discover your humour type—from sarcastic to accidental comedian—and learn how your ...
Ndidi's Besiktas Revelation: Why He Chose Turkey Over Man Utd Dreams

Super Eagles midfielder Wilfred Ndidi explained his decision to join Besiktas, citing the club's appealing project, stro...
Tom Hardy Returns! Venom Roars Back to the Big Screen in New Movie!

Two years after its last cinematic outing, Venom is set to return in an animated feature film from Sony Pictures Animati...
Marvel Shakes Up Spider-Verse with Nicolas Cage's Groundbreaking New Series!

Nicolas Cage is set to star as Ben Reilly in the upcoming live-action 'Spider-Noir' series on Prime Video, moving beyond...
Bad Bunny's 'DtMF' Dominates Hot 100 with Chart-Topping Power!

A recent 'Ask Billboard' mailbag delves into Hot 100 chart specifics, featuring Bad Bunny's "DtMF" and Ella Langley's "C...
Shakira Stuns Mexico City with Massive Free Concert Announcement!

Shakira is set to conclude her historic Mexican tour trek with a free concert at Mexico City's iconic Zócalo on March 1,...
Glen Powell Reveals His Unexpected Favorite Christopher Nolan Film

A24's dark comedy "How to Make a Killing" is hitting theaters, starring Glen Powell, Topher Grace, and Jessica Henwick. ...
Wizkid & Pharrell Set New Male Style Standard in Leather and Satin Showdown

Wizkid and Pharrell Williams have sparked widespread speculation with a new, cryptic Instagram post. While the possibili...