The Federal High Court in Abuja has fixed January 7 for a ruling on the bail applications filed by a former Attorney-General of the Federation, Abubakar Malami, SAN, his wife, Bashir Asabe, and their son, Abubakar Abdulaziz.

Justice Emeka Nwite fixed the date on Friday after counsel to the defendants, Joseph Daudu, SAN, and counsel to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho, SAN, adopted their written addresses and advanced oral arguments before the court.

According to our correspondent, the EFCC, in the charge marked FHC/ABJ/CR/700/2025, listed Malami, his wife, and son as the first, second, and third defendants respectively in an ongoing money laundering trial.

The anti-graft agency alleged that the defendants engaged in several suspicious financial transactions aimed at concealing the unlawful origin of billions of naira through multiple bank accounts and property acquisitions in Abuja, Kano, and Kebbi states.

The EFCC further claimed that the alleged offences were committed between 2015 and 2025, a period that covers Malami’s tenure as Attorney-General of the Federation under the administration of the late former President Muhammadu Buhari.

The Commission accused the defendants of conspiring to disguise the origin of funds, indirectly acquiring properties, and retaining proceeds they allegedly knew were derived from unlawful activities, contrary to the provisions of the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.