Former Attorney General of the Federation and Minister of Justice, Abubakar Malami, has clarified that his interaction with the Economic and Financial Crimes Commission (EFCC) was solely regarding an alleged duplication in the recovery of Abacha loot, and not related to terrorism financing or money laundering.
Malami stated that he provided detailed explanations to the EFCC, demonstrating that no duplication occurred, as the funds were not lodged into the Federation Account before 2016.
He explained that the $322.5 million repatriated from Switzerland was used for the National Social Investment Programme, while the $321 million returned from Jersey was used for infrastructure projects.
Malami maintained that attempts to conflate separate recoveries were “deliberately misleading” and part of a coordinated smear campaign.
