The Federal High Court in Abuja on Friday granted former Attorney General of the Federation, Abubakar Malami, and his son, Abdulaziz, N200m bail each in a terrorism financing and firearms case filed by the Department of State Services.
But the ex-minister was remanded in correctional centre by the court on the 16-count charge filed against him by the Economic and Financial Crimes Commission over alleged money laundering and unlawful acquisition of assets running into over N8.7bn.
Justice Joyce Abdulmalik, in a ruling on Malami and his son’s separate bail applications, held that the essence of bail was to ensure that defendants attend trial.
She granted them bail in the sum of N200m each with two sureties in like sum.
