Ex-AGF Malami Confirms EFCC Probe Focuses on Abacha Loot, Money Laundering, and Abuse of Office

Former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), has confirmed that his ongoing investigation by the Economic and Financial Crimes Commission (EFCC) centers on the recovery of the $310 million Abacha loot, alongside allegations of money laundering and abuse of office.

In a statement released by his media aide, Malami clarified that the EFCC’s inquiry strictly concerns an alleged duplication in the process of recovering the massive Abacha loot, a claim he vehemently denied as “baseless” and “illogical.”

Crucially, the former AGF strongly refuted what he labeled as “false narratives” and a “coordinated media trial” linking him to terrorism financing and the alleged operation of 46 bank accounts. Malami insisted he has never been questioned on matters related to terrorism financing by the EFCC or any other security agency.

His confirmation comes days after reports emerged of his detention by the anti-graft agency after he failed to immediately meet his bail conditions. The probe into the handling of repatriated funds and allegations of official misconduct underscores the current administration’s focus on rooting out corruption within the public service. The EFCC is expected to continue its thorough investigation into the matter.