Court Remands Ex-AGF Malami, Son, Wife at Kuje Prison.
The Federal High Court in Abuja on Tuesday ordered the remand of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), at the Kuje Correctional Centre pending the hearing and decision on their bail applications.
Justice Emeka Nwite also ordered the remand of his co-defendants: his son, Abubakar Malami, and one of his wives, Bashir Asabe.
Justice Nwite issued the order after hearing arguments from the defense team led by Joseph Daudu (SAN) and the prosecution counsel, Ekele Iheneacho (SAN).
Malami and his co-defendants were arraigned by the Economic and Financial Crimes Commission on a 16-count charge of money laundering.
They pleaded not guilty to the 16 counts of money laundering brought against them by the EFCC.
The EFCC accused the defendants of conspiring at various times to conceal, retain, and disguise proceeds from unlawful activities totaling several billions of naira.
The agency noted that the alleged offenses spanned multiple years and involved the use of companies and bank accounts for money laundering, keeping cash as collateral for loans, and acquiring high-value properties in Abuja, Kano, and other locations.
The Commission also alleged that some of these offenses were committed while Malami served as Attorney-General of the Federation, in violation of the Money Laundering (Prohibition) Act 2011 (as amended) and the Money Laundering (Prevention and Prohibition) Act 2022.
