Former Attorney-General of the Federation Abubakar Malami has clarified why he remains in EFCC custody despite voluntarily honouring the agency’s invitation on Monday. Malami is being questioned over alleged terrorism financing, ownership of 46 bank accounts, issues around legal representation in recovering the $322.5m Abacha loot, and utilisation of conditional cash transfer funds. He said he was detained after being told his administrative bail had been revoked without any breach of its terms.
In a statement by his media aide, Mohammed Bello Doka, Malami denied all allegations, describing them as “false, misleading and baseless.” Doka said there is no investigation or charge of terrorism financing against him and dismissed claims of 46 bank accounts as “entirely fictitious.” He highlighted Malami’s role in strengthening Nigeria’s anti-money laundering and counter-terrorism framework and reiterated that all Abacha loot recoveries followed approved procedures. EFCC said his bail was revoked for failing to meet conditions.