Politics

Malami Released After EFCC Questioning, Set for Further Interrogation

 

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), says he has been released from the custody of the Economic and Financial Crimes Commission (EFCC) after honouring an invitation from the agency.

Malami, in a statement posted on his X handle yesterday, said his interaction with investigators was “successful” and that he is expected to return for additional questioning.

“In line with my earlier commitment to keep Nigerians informed about the EFCC invitation, I give glory to Allah for His intervention,” he wrote.

“The engagement was successful and I have been released, with a scheduled appointment for further engagement as the truth behind the fabricated allegations against me continues to unfold.”

The former minister had earlier confirmed receiving an invitation from the anti-graft agency, pledging to honour it as a responsible citizen committed to transparency and accountability.

“I hereby reaffirm my commitment to honour the invitation,” he said, adding that he fully understands the principles of accountability in public service — ideals he claims to have consistently championed.

Background

In 2023, TheCable reported that Malami was to be questioned over at least five major transactions during his tenure under the Buhari administration.

Key issues under probe include:

The controversial payment of $496 million to Global Steel Holdings Ltd (GSHL) over the Ajaokuta Steel concession termination, despite the company earlier waiving claims to compensation.

The management and disposal of assets worth billions of naira forfeited to the Federal Government by politically exposed persons.

His role in the disputed $419 million awarded to consultants involved in the Paris Club refund negotiations.

The agreement to pay Sunrise Power $200 million compensation in its dispute with the Federal Government over the Mambilla power project.

Allegations of duplicated legal fees during the repatriation of the $321 million Abacha loot from Switzerland.

Malami said he would continue to update Nigerians as the investigation progresses.

Olayinka Babatunde

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