The Economic and Financial Crimes Commission has taken former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, into custody after he failed to meet the bail conditions previously granted to him.
An EFCC source confirmed that Malami would remain in detention until 10:00 p.m. on Tuesday due to his inability to comply with the bail requirements.
The anti-graft agency has tasked the former minister with clarifying issues surrounding alleged money laundering, particularly concerning the operation of suspicious accounts.
”We have detained him over terrorism financing and the whereabouts of Abacha loot recovered from Switzerland and the Island of Jersey in the UK.
”He would remain in custody until he fulfils the requirements.
“We arrested him for not meeting his bail conditions, and he will remain in our custody until he meets those conditions.
“He is presently in our custody. He was initially granted bail but did not meet the conditions. The offences against him are many,” the EFCC source added.
The commission had previously instructed Malami to appear daily for questioning throughout December.
”Presently, we are investigating him for 18 different offences. Some of them are money laundering, abuse of office and terrorism financing.
”We cannot put a figure to the amount involved now because we keep uncovering some of the deals as we investigate,” the source revealed.
Malami, however, has maintained that the accusations leveled against him are “fabricated”.
