Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) is in the custody of the Economic and Financial Crimes Commission, EFCC, over claim that he is financing terrorism.
Malami had in a tweet on his X account denied the charge saying the accusation was the handiwork of his political adversaries.
The allegation is now under the investigation of the EFCC as the immediate-past AGF has been a guest of the anti-graft agency.
This is according to The Nation citing EFCC source.
The publication wrote that Malami was still in custody as at 10pm last night, having failed to meet bail conditions.
The ex-minister, the report said, has been asked by the anti-graft agency to clear himself of issues relating to money laundering, especially operation of suspicious accounts.
It added that Malami has also been told to account for his investment of about N10 billion in Kebbi State, whereabouts of $322 million Abacha loot recovered from Swiss account and about $22 million from Island of Jersey.
“We have detained the ex-minister for terrorism financing and the whereabouts of Abacha loot recovered from Switzerland and Island of Jersey in the UK.
“His sudden investment of N10 billion in Kebbi State is under investigation. We may attach some of these assets.
“We are likely to interrogate one of his wives on her role on N4 billion Anchor Borrowers cash advanced by the Central Bank of Nigeria (CBN).
“He has a lot to clarify, but he has not been able to meet bail conditions,” it quoted the unnamed source as saying.
