…spends second night in EFCC custody
Abubakar Malami, the former attorney-general of the federation and minister of justice, is in the custody of the Economic and Financial Crimes Commission (EFCC).
Malami is being probed for 18 alleged offences, including money laundering, abuse of office, and terrorism financing.
The anti-graft agency is believed to have secured a remand order for his detention.
Sources privy to the investigation said that the former AGF is unable to account for the recovery of $346.2 million Abacha loot from Switzerland and funds from the Island of Jersey.
The investigation extends to the disbursement of N4 billion Anchor Borrowers’ Programme funds from the Central Bank of Nigeria (CBN).
Malami is also being quizzed over his alleged N10bn investment in schools, hotels, and rice mills in Kebbi state.
RELATED POST: Malami faces probe over ‘terrorism financing
Malami was said to have failed to meet his bail conditions as of 11pm on Tuesday, forcing him to spend a second night in detention.
An associate of the former minister had earlier informed TheCable that Malami was invited for questioning on Monday but arrived late in the evening, which resulted in him staying overnight to continue responding to investigators’ queries.
The associate also disclosed that 46 bank accounts allegedly linked to Malami are currently under investigation, forming a major part of the EFCC’s line of inquiry.
Dele Oyewale, the EFCC spokesperson, declined to comment on the matter when contacted.
The former AGF, in November 2025, declared his intention to contest the 2027 governorship election in Kebbi — months after resigning from the All Progressives Congress (APC) and joining the African Democratic Congress (ADC).
