A Federal High Court sitting in Abuja has ordered the remand of former Attorney-General of the Federation, Abubakar Malami (SAN), alongside his son, Abubakar Malami, and his wife, Bashir Asabe, at the Kuje Correctional Centre.
The court ruled that the trio be held in custody pending the hearing and determination of their bail application.
They are currently facing a 16-count charge bordering on money laundering, filed against them by the Economic and Financial Crimes Commission (EFCC).
According to the anti-graft agency, Malami and his co-defendants allegedly conspired to conceal, retain, and disguise proceeds of unlawful activities amounting to several billions of naira. The charges include allegations of laundering funds through multiple companies and bank accounts, retaining large sums of cash as collateral for loans, and acquiring luxury properties in Abuja, Kano, and other parts of the country.
The case has been adjourned for further proceedings.
