The Federal High Court, sitting in Abuja, presided by Justice Joyce Abdulmalik, has admitted former Attorney General of the Federation, AGF, and Minister of Justice, Abubakar Malami, SAN, to bail in the sum of N200 million, pending his trial in the N8.7 billion money laundering allegation against him by the federal government.

Malami and his co-defendants are to produce two sureties, each, who will stand for them in the like sum.

Justice Abdulmalik, in a ruling on bail application by Malami and two others on Friday, ordered that the two sureties must have developed landed properties in Maitama or Asokoro.

The documents of the properties are to be verified by the Deputy Chief Registrar of the Court, while the sureties are also to depose to affidavit of means.

The three defendants are to deposit their travelling documents with the Court and must not travel out of the country without the permission of the court.

Besides, the defendants and their sureties were ordered to deposit their two recent passport photograph with the court.

Meanwhile, Malami and his son have been ordered to be remanded in Kuje prison, while his wife is to be taken to Suleja prison in Niger State, pending their perfection of the bail conditions.

At the time of this report, associates, friends and sympathizers of the former Minister of Justice have been moving round to secure bail for the defendants.

Meanwhile, Justice Abdulmalik has fixed March 16 for commencement of trial on the corruption charges.

The bail applications were argued by Joseph Daudu SAN on behalf of the three defendants.

Jibrin Okutepa SAN who stood for the Economic and Financial Crimes Commission, EFCC, did not oppose the bail request.