The former Attorney-General of the Federation, Abubakar Malami, his son and wife have secured a N1.5 billion bail in a case involving alleged money laundering and corruption. The trio was granted bail by a Federal Capital Territory High Court in Abuja, with the judge citing their right to presumption of innocence until proven guilty.
The Economic and Financial Crimes Commission had arraigned Malami, his son and wife on charges of money laundering and corruption, alleging that they embezzled billions of naira meant for government projects. The defendants pleaded not guilty to the charges, and their lawyers argued that they were entitled to bail.
The court granted bail to the defendants, with the condition that they produce two sureties each, who must be residents of Abuja and own properties in the city. The sureties must also deposit their passports with the court, and the defendants are required to report to the EFCC office every week.
The case has sparked widespread interest, with many calling for transparency and accountability in government. The EFCC has been investigating several high-profile cases involving government officials, and this latest development is seen as a significant step in the fight against corruption.
