Counsel to the EFCC, Rotimi Jacobs (SAN), made the application on behalf of the anti-graft agency before Justice Binta Nyako, of the federal high court, Abuja.
The EFCC also asked the court to struck out the name of Chief Kolawole Akanni Aluko, from the criminal charges filed against him.
Alison-Madueke and Akanni-Aluko (businessman) were initially charged alongside Babajide John Omokore, Atlantic Energy Brass Development Ltd, Atlantic Energy Drilling Concept Ltd, Victor Briggs, Abiye Membere and David Mbanefo for alleged crude oil fraud.
It was gathered that the EFCC decision to drop the money laundering charges against the former minister and Mr. Aluko was informed by the insistence of the trial judge, Justice Binta Nyako, that it was impossible to proceed with the arrangement yesterday when the two co-defendants were not in court and had not been served with the charge.
Omokore and others, who were arraigned but pleaded not guilty to the charges against them, were each granted bail in the sum of N50 million, after the prosecutor, Jacobs, told the judge to give them conditions that would make them appear in court for trial.
In the ruling on the bail application of the defendants, Justice Nyako said each of the defendants must produce a surety, who must either be a senior civil servant or must have a landed property.
The sureties, she added, must depose to an affidavit of means and also deposit their international passport with the court.
Omokore was alleged to have used the Strategic Alliance Agreement signed between the NPDC and Atlantic Energy Drilling Concept Limited to swindle the NPPC subsidiary and the Federal Government of billions of dollars through the lifting of crude oil from some oil wells between March 2013 and May 2014.