The Federal High Court in Abuja has fixed January 7 for its ruling on the bail applications filed by former Attorney-General of the Federation (AGF), Mr Abubakar Malami, SAN, his wife, Hajia Bashir Asabe, and their son, Abubakar Abdulaziz Malami.

Justice Emeka Nwite adjourned the matter on Friday after counsel to the defendants, Joseph Daudu, SAN, and counsel to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho, SAN, adopted their written addresses and advanced arguments for and against the bail applications.

The News Agency of Nigeria (NAN) reports that the EFCC, in a charge marked FHC/ABJ/CR/700/2025, listed Malami, his wife and son as first, second and third defendants respectively in an alleged money laundering case.

According to the anti-graft agency, the defendants are accused of engaging in suspicious financial transactions and attempting to conceal the alleged unlawful origin of billions of naira through multiple bank accounts and property acquisitions in Abuja, Kano and Kebbi states.

The EFCC alleged that the offences were committed between 2015 and 2025, a period covering the eight years Malami served as Attorney-General of the Federation under the administration of late former President Muhammadu Buhari.

The commission further alleged that the defendants conspired to disguise the source of funds, acquire properties indirectly and retain sums they allegedly knew to be proceeds of unlawful activity, contrary to the provisions of the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.