By Onyeanya Ebere Immaculata
The Federal High Court in Abuja has ordered the immediate past Attorney-General of the Federation and Minister of Justice, Abubakar Malami, to remain in prison custody until Wednesday, when it will rule on his bail application in a money laundering case brought against him by the Economic and Financial Crimes Commission (EFCC).
Malami, alongside his son, Abdulaziz, and Hajia Bashir Asabe, is facing a 16-count charge bordering on the alleged laundering of about ₦9 billion in public funds. The defendants were arraigned last Tuesday and pleaded not guilty to all the charges.
At Friday’s proceedings, Malami’s counsel, J.B. Daudu, SAN, urged the court to grant bail, arguing that the offences were bailable and assuring the court that the defendants were willing to stand trial to clear their names. However, the EFCC opposed the application, contending that Malami posed a flight risk and could influence witnesses billed to testify against him.
After hearing arguments from both sides, Justice Nwite adjourned the matter until Wednesday for a ruling on the bail request and ordered that the defendants remain in custody pending the decision.
According to the EFCC, Malami, who served as Justice Minister from November 11, 2015, to May 29, 2023, allegedly used several companies to conceal proceeds of unlawful activities through property acquisitions in Abuja, Kebbi and Kano. The anti-graft agency alleged that between July 2022 and June 2025, the defendants used Metropolitan Auto Tech Limited to conceal over ₦1.01 billion in a Sterling Bank account.
They were further accused of siphoning about ₦600 million through the same firm between September 2020 and February 2021, and of retaining ₦600 million as cash collateral for a ₦500 million loan obtained by Rayhaan Hotels Ltd, despite allegedly knowing the funds were proceeds of crime.
The EFCC also alleged that the defendants disguised the unlawful origin of ₦500 million used to purchase a luxury duplex in Maitama, Abuja, and concealed about ₦415 million allegedly spent on multiple properties across Abuja, Kebbi and Kano.
Investigators, bank officials, real estate agents and Bureau de Change operators are among those listed as prosecution witnesses. The alleged offences are said to contravene provisions of the Money Laundering (Prohibition) Act, 2011, as amended, and the Money Laundering (Prevention and Prohibition) Act, 2022.
Malami was detained by the EFCC on December 8, 2025, after honouring an invitation from the agency. He later accused the commission of arbitrarily revoking an earlier administrative bail and claimed his prosecution was politically motivated, an allegation the EFCC has denied.