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Court Grants ₦200m Bail Each to Ex-AGF Malami, Wife, Son in Money Laundering Case

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A Federal High Court in Abuja has granted bail to former Attorney General of the Federation, Abubakar Malami, his wife Asabe Bashir, and their son Abdulaziz Malami in an ongoing money laundering trial.

Justice Joyce Abdulmalik granted each of the defendants bail in the sum of ₦200 million with two sureties in like sum.

As part of the bail conditions, the court ordered that one of the sureties must deposit title documents of properties located in either Maitama or Asokoro, both highbrow districts of Abuja.

The court also directed the defendants to deposit their international passports with the court. Pending the fulfilment of the bail conditions, Malami, his wife and their son are to remain in the custody of the Nigerian Correctional Service.

Justice Abdulmalik adjourned the matter until March 16, 2026, for the commencement of trial.

Alleged ₦8.7bn Laundering

The case forms part of investigations into alleged financial crimes involving the former chief law officer of the federation and members of his family.

Prosecutors allege that Malami, alongside his wife and son, laundered about ₦8.7 billion through a network of companies and property acquisitions.

According to the charges before the court, the defendants allegedly concealed illicit funds through corporate entities including Metropolitan Auto Tech Limited and Meethaq Hotels Limited.

The prosecution further claims that the funds were used to acquire high-value properties in Abuja, as well as in Kano State and Kebbi State.

The case was recently reassigned to Justice Abdulmalik after earlier judges handling the matter withdrew or transferred the file.

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Terrorism Financing, Firearms Charges

In a separate but related criminal case, Malami and his son are also facing a five-count charge bordering on alleged terrorism financing and illegal possession of firearms.

Prosecutors claim that while serving as Attorney General, Malami allegedly failed to prosecute suspected terrorism financiers whose case files were forwarded to his office in November 2022.

They are also accused of unlawful possession of a Sturm Magnum firearm, along with 16 live cartridges and 27 expended cartridges, allegedly recovered from their residence in Birnin Kebbi in December 2025.

The prosecution of the case was recently taken over by the office of the Attorney General of the Federation, Lateef Fagbemi, from the State Security Service on March 4, 2026.

The court had earlier adjourned that matter until March 10, 2026 to allow the Attorney General’s office review the case files.

Asset Forfeiture Proceedings

Malami’s legal troubles also extend to asset recovery proceedings. A Federal High Court had earlier ordered the interim forfeiture of 57 properties linked to the former minister, reportedly valued at about ₦213 billion.

The cases have sparked political reactions, particularly following Malami’s recent defection to the African Democratic Congress.

Some of his supporters claim the legal actions are politically motivated, alleging they are connected to his defection from the ruling All Progressives Congress.

The trial in the money laundering case is expected to begin on March 16, 2026, when the court will begin hearing evidence from both the prosecution and defence.

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General News

Delta Must Embrace Industrialisation to Solve Unemployment Crisis – Mulade

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Environmental and Niger Delta rights activist Sheriff Mulade has called on the Delta State Government to urgently prioritise industrialisation as a strategic response to the growing unemployment rate in the state.

 

Mulade made the call while addressing journalists on the economic situation in Delta, warning that the rising number of unemployed youths poses a serious social and economic risk if not addressed through sustainable economic policies.

 

According to him, the state possesses enormous economic potential, particularly in agriculture, oil and gas servicing, manufacturing, and small-scale industries, which can be harnessed to create thousands of jobs for young people.

 

He stressed that a deliberate industrialisation policy would help transform Delta’s economy from heavy dependence on government spending to a productive economy driven by private sector investment and manufacturing.

 

Mulade explained that establishing industrial clusters, agro-processing zones, and manufacturing hubs across the state would not only create employment opportunities but also attract investors and stimulate economic growth.

 

The activist noted that many Delta youths remain unemployed despite possessing skills and education, largely due to the limited number of industries capable of absorbing the state’s growing workforce.

 

He therefore urged the state government, under the leadership of Sheriff Oborevwori, to develop policies that encourage industrial investments, improve infrastructure, and provide incentives for businesses willing to establish factories and production facilities in the state.

 

Mulade also emphasised the need for improved power supply, better road networks, and access to finance for small and medium-scale enterprises, noting that these factors are critical for industrial growth.

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He warned that failure to create jobs for young people could increase social unrest, crime, and economic instability in the region.

 

The activist therefore appealed to policymakers, investors, and stakeholders to collaborate in building a strong industrial base capable of driving sustainable development and reducing unemployment in Delta State.

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16 Killed in Fresh Attack on Benue Community as Gov Alia Condemns Violence

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At least 16 people have reportedly been killed following fresh attacks by suspected armed herdsmen on several communities in Kwande Local Government Area of Benue State.

 

Local sources said the attacks occurred between Thursday night and the early hours of Friday, targeting communities including Jato-Aka, Mbachon, and Tse-Yough in the Yaav Council Ward of the local government area. The assailants reportedly opened fire on residents, leaving many dead while several others sustained injuries, and some remain missing.

 

Residents said the attackers stormed the communities in large numbers, shooting sporadically and causing panic among villagers, many of whom fled into nearby bushes to escape the violence. Several houses and properties were also reportedly destroyed during the assault.

 

Reacting to the incident, Benue State Governor Hyacinth Alia strongly condemned the killings, describing the attack as “barbaric, senseless and unacceptable.” He expressed deep sorrow over the loss of lives and extended condolences to the families of the victims.

 

The governor assured residents that the state government would work with security agencies to ensure that those responsible for the attack were apprehended and brought to justice. He also called on security operatives to intensify efforts to protect lives and property in the affected communities.

 

Authorities said investigations into the attack are ongoing, while security agencies have reportedly been deployed to the affected areas to restore calm and prevent further violence.

 

The latest attack highlights the continuing security challenges in parts of Benue State, particularly in rural communities where clashes and raids have frequently led to loss of lives and displacement of residents.

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Police Service Commission Promotes Seven AIGs to DIG Rank

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The Police Service Commission (PSC) has approved the promotion of seven Assistant Inspectors-General of Police (AIGs) to the rank of Deputy Inspectors-General of Police (DIGs) in a move aimed at strengthening the leadership structure of the Nigeria Police Force.

The Commission disclosed that the promotions followed a rigorous selection process that included merit assessment, seniority, service records, as well as written examinations and oral interviews conducted at its corporate headquarters in Abuja.

The officers elevated to the rank of DIG include Zachariah Fera Achinyan, Zango Ibrahim Baba, Isyaku Mohammed, Margaret Agebe Ochalla, Mohammed Abdul Sulaiman, Kenechukwu Onwuemelie, and Umar Shehu Nadada.

According to the Commission, the promotions became necessary following vacancies created by the recent retirement of eight Deputy Inspectors-General of Police who previously held key positions within the force.

 

The development comes shortly after the elevation of Fayoade Adegoke to the substantive rank of Deputy Inspector-General of Police, a move that will see him join the Force Management Team.

 

Chairman of the Commission, Hashimu Salihu Argungu, a retired Deputy Inspector-General of Police, congratulated the newly promoted officers and urged them to justify the confidence placed in them.

 

Argungu charged the officers to uphold professionalism, strengthen internal discipline within the force, and prioritise national security in the discharge of their duties. He also emphasised the need for stronger collaboration with the Commission in advancing ongoing reforms and institutional development within the Nigeria Police Force.

 

The PSC noted that the promotions form part of broader efforts to reinforce leadership capacity and improve operational effectiveness within the nation’s policing system.

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