Manny Ita –
A Federal High Court has granted former Attorney General of the Federation, Abubakar Malami, bail in the sum of ₦200 million in connection with terrorism and unlawful firearm possession charges, while ordering that he remain in custody over a separate ₦8.7 billion money laundering case.
The court ruled that the defendant met part of the conditions required for bail in the terrorism-related charges but held that his continued detention was necessary pending proceedings in the financial crime allegations filed against him.
According to court documents, the terrorism and firearm charges stem from allegations that Mr Malami unlawfully possessed restricted weapons and was linked to activities considered prejudicial to national security. The prosecution argued that the charges were supported by intelligence reports and material evidence presented before the court.
Delivering the ruling, the presiding judge stated that bail was granted based on constitutional provisions guaranteeing the right to liberty pending trial, provided strict conditions are met.
“The defendant is hereby admitted to bail in the sum of ₦200 million with sureties who must satisfy conditions set by this court,” the judge ruled.
The court, however, directed that Mr Malami remain in remand custody due to ongoing proceedings relating to alleged money laundering involving ₦8.7 billion, noting that the financial crime charges carry separate legal implications.
Prosecutors allege that the former minister diverted public funds through multiple transactions and financial channels in violation of anti-money laundering laws. The prosecution maintained that further investigation and trial processes necessitated continued custody to prevent interference with witnesses and evidence.
Counsel to the defendant urged the court to grant bail across all charges, arguing that the allegations remain unproven and that the former attorney general is entitled to the presumption of innocence.
“We believe our client has sufficiently demonstrated willingness to face trial and comply with all judicial processes,” defence counsel told the court.
The Economic and Financial Crimes Commission is expected to continue presenting evidence in the money laundering case at the next adjourned hearing, as proceedings in both matters continue before the court.
