The Economic and Financial Crimes Commission (EFCC) has taken a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, into custody after he failed to satisfy the conditions of his bail. According to sources within the commission, Malami was detained until 10 pm on Tuesday due to non-compliance with the bail requirements.
The EFCC is investigating Malami over several allegations, including money laundering, abuse of office, and terrorism financing. Specifically, the anti-graft agency is looking into the operation of suspicious accounts and the alleged role of the former minister in terrorism financing. Additionally, Malami is expected to account for the whereabouts of funds recovered from the Abacha loot, which was repatriated from Switzerland and the Island of Jersey in the UK.
The former minister was initially granted bail but failed to meet the conditions, prompting the EFCC to take him into custody. A source within the commission revealed that Malami is being investigated for 18 different offences, with the agency continuing to uncover new evidence as the investigation progresses. The EFCC has instructed Malami to appear daily for interrogation throughout December, as the agency seeks to gather more information on the alleged offences.
The investigation into Malami’s activities is part of the EFCC’s broader efforts to combat financial crimes and corruption in Nigeria. The agency has been tasked with recovering stolen assets and prosecuting those involved in corrupt practices. The detention of the former minister highlights the EFCC’s commitment to holding public officials accountable for their actions, regardless of their position or status.
As the investigation into Malami’s activities continues, the EFCC is expected to provide updates on the progress of the case. The agency’s actions are being closely monitored, both locally and internationally, as they have significant implications for the fight against corruption and financial crimes in Nigeria. The outcome of the investigation will likely have far-reaching consequences, not only for Malami but also for the country’s anti-corruption efforts.