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Court Denies Bail for Malami, Former AGF to Remain in EFCC Custody

The Federal Capital Territory High Court has rejected the bail application of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, ensuring he remains in the custody of the Economic and Financial Crimes Commission (EFCC).

Justice Babangida Hassan, who presided over Thursday’s proceedings, ruled that Malami’s detention is lawful and supported by a valid court order. The decision comes amid ongoing investigations into allegations of money laundering and abuse of office against the former minister.

Malami was invited for questioning by the EFCC on November 28 in connection with the probe. Reports indicate that his international passport was seized as part of efforts to track the alleged $490 million Abacha loot, which the previous administration had recovered through a Mutual Legal Assistance Treaty (MLAT) request.

The former minister has been in EFCC custody since the beginning of the investigation. He has repeatedly described the allegations as “baseless, illogical, and wholly devoid of substance.” Malami maintains that upon assuming office in 2015, the recovery of the funds had already been concluded by Swiss lawyer Enrico Monfrini.

Legal experts suggest that the court’s refusal to grant bail highlights the seriousness of the EFCC’s investigation and the importance of preventing interference in high-profile financial probes. The ruling also signals the anti-graft agency’s commitment to pursuing accountability in cases involving recovered public funds.

The EFCC has not indicated when the next hearing will occur, leaving the public and political observers closely monitoring the situation. The ongoing investigation into the Abacha loot continues to generate national attention, with many awaiting further disclosures about the involvement of key public officials.

Will the probe reveal new leads or additional suspects in this high-stakes investigation?

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