Former attorney-general of the federation (AGF) and Minister of Justice, Abubakar Malami, spent Monday night at the headquarters of the Economic and Financial Crimes Commission (EFCC) as interrogations over an ongoing investigation intensified.
An associate of the former minister told TheCable that Malami was invited for questioning on Monday but arrived late in the evening, which resulted in him staying overnight to continue responding to investigators’ queries.
The associate also disclosed that 46 bank accounts allegedly linked to Malami are currently under investigation, forming a major part of the EFCC’s line of inquiry.
The former AGF would be reporting to the EFCC daily as the probe continues.
Following his earlier interrogation on November 29, the former AGF had said in a post on X that the session “was successful” and that he had been scheduled for “further engagement” with investigators.
“The engagement was successful, and I am eventually released while on an appointment for further engagement as the truth relating to the fabricated allegations against me continues to unfold,” he said.
FIVE SUSPICIOUS MEGA DEALS
In 2023, It was widely reported that Malami would be questioned over at least five suspicious transactions during his time in office.
Malami’s name featured in a number of questionable deals under the Muhammadu Buhari administration.
The transactions bordered on the mysterious payment of $496 million to Global Steel Holdings Ltd (GSHL) as settlement for the termination of the Ajaokuta Steel concession nine years after the Indian company had waived all claims for compensation.
Another contentious matter is Malami’s handling of the sale of assets worth billions of naira forfeited to the EFCC by politically exposed persons.
The former minister’s role in the $419 million judgment debt awarded to consultants who claimed to have facilitated the Paris Club refunds to states is also up for scrutiny.
Others are the curious agreement to pay Sunrise Power $200 million compensation in its dispute with the federal government over the Mambilla power project, and the duplicated legal fees in the transfer of $321 million Abacha loot from Switzerland to Nigeria.
Meanwhile, on November 17, Malami declared his intention to contest the 2027 governorship election in Kebbi state.
The former AGF resigned from the APC in July and joined the African Democratic Congress (ADC).
He said the decision followed “wide consultations and deep personal reflection”, adding that he left the ruling party out of “love for our nation and concern for the hardship our people are facing”.
