I have been released by EFCC, to return for ‘further engagements’ — Malami

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The former attorney-general of the federation (AGF), Abubakar Malami, says he has regained his freedom after honouring an invitation extended to him by the Economic and Financial Crimes Commission (EFCC).

In a statement posted on X, Malami noted that his interaction with the anti-graft agency “was successful”, adding that he has been slated for “further engagement.”

“In keeping with my promise to keep Nigerians informed about my invitation by EFCC, I give glory to Allah for His divine intervention,” he said.

“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 continue to unfold.”

His remarks come shortly after he confirmed receiving the EFCC’s invitation.

At the time, he said he would comply as a responsible citizen committed to transparency.

“I hereby reaffirm my commitment to honour the invitation,” he said.

“I understand the spirit of accountability and transparency in public service — the principles that I both advocate and champion.”

Malami had also promised to update Nigerians as events progressed.


FIVE SUSPICIOUS MEGA DEALS

In 2023, TheCable reported that Malami would be questioned over no fewer than five dubious transactions linked to his tenure.

His name appeared in several controversial dealings under the Muhammadu Buhari administration.

These include the unexplained payment of $496 million to Global Steel Holdings Ltd (GSHL) as compensation for the termination of the Ajaokuta Steel concession — nine years after the company had already waived any compensation claims.

Another issue concerns his management of assets worth billions of naira that were forfeited to the EFCC by politically exposed individuals.

Questions also surround his involvement in the $419 million judgment debt awarded to consultants who claimed to have assisted with the Paris Club refunds to states.

Other matters include the contentious agreement to pay Sunrise Power $200 million in the dispute over the Mambilla power project, as well as duplicated legal fees tied to the transfer of $321 million Abacha loot from Switzerland to Nigeria.