A federal high court in Abuja has granted bail to Abubakar Malami, former attorney-general of the federation (AGF), in the sum of N500 million.
Delivering ruling on Wednesday, Emeka Nwite, presiding judge, also granted bail to his son, Abubakar Abdulaziz Malami, and Asabe Bashir on a N500 million bail bond each.
Each of the defendants must produce two sureties in like sum who must own landed property within Asokoro, Maitama or Gwarimpa areas of Abuja.
The sureties must also swear to an affidavit of means and deposit two passport photographs with the deputy registrar of the court.
The defendants are also to deposit their international passports with the deputy registrar of the court and must not travel without the court’s permission.
Hearing in the case has been adjourned to February 17.
The three defendants are standing trial over alleged N8.7 billion money laundering charges instituted by the Economic and Financial Crimes Commission.
