Key insights
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1
Court set specific bail conditions: The judge said the charges were bailable offences and set bail at 500 million naira each, with requirements for two Abuja property-owning guarantors and surrender of travel documents.
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2
Malami disputed the basis of his arrest: Malami previously described his arrest as politically motivated.
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3
EFCC allegation centers on diversion of public funds into property purchases: The EFCC alleges Malami diverted government funds and used them to acquire properties in several Nigerian cities, including Abuja.
Takeaways
Abubakar Malami, his wife, and his son remain defendants in a money laundering case with bail granted and the next court date set for 17 February 2025.
Topics
World & Politics Corruption & Accountability Law & Public Safety Crime & Justice Courts