A federal high court in Abuja has granted a bail of N500 million for Abubakar Malami, the former attorney-general of the federation (AGF).
On Wednesday, the presiding judge, Emeka Nwite, announced the decision to grant bail to both Abubakar Abdulaziz Malami, his son, and Bashir Asabe, his wife. Each received a bail set at N500 million.
The sureties, according to the judge, must have landed property in Asokoro, Maitama, Gwarinpa.
He added that they must submit their travelling documents to the court.
The documents of the properties are to be verified by the deputy chief registrar of the court while the sureties are also to depose to affidavit of means.
Malami was also ordered to deposit his travelling documents with the court and must not travel out of the country without the permission of the court.
The former AGF and his sureties were also ordered to deposit their two recent passport photograph with the court.
Meanwhile, Malami has been ordered to be remanded in Kuje prison pending his perfection of the bail conditions.
Justice Nwite subsequently fixed February 17 for commencement of trial of the corruption charges.
The same bail were extended to Malami, son Abdulaziz Malami, and an employee of Rahamaniyya Properties Limited, Hajia Asabe Bashir,.
The Economic and Financial Crimes Commission (EFCC) filed a 16-count alleged money laundering charge against Malami, his son and his wife