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 his son, Abubakar Abdulaziz Malami.

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

The Economic and Financial Crimes Commission is prosecuting the defendants in a charge marked FHC/ABJ/CR/700/2025, in which Malami, his wife, and son are listed as the first, second, and third defendants respectively.

According to the anti-graft agency, the defendants are facing allegations of money laundering involving billions of naira. The EFCC alleged that they carried out multiple suspicious financial transactions and attempted to conceal the alleged unlawful origin of the funds through various bank accounts and property acquisitions in Abuja, Kano and Kebbi states.

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

The EFCC accused Malami, his son and wife of conspiring to disguise the source of funds, indirectly acquiring properties, and retaining proceeds they allegedly knew were derived from unlawful activities, in violation of the Money Laundering (Prohibition and Prevention) Act, 2011 (as amended), and the 2022 Act.

The case was adjourned to January 7 for ruling on the bail applications.