Malami Denies Receiving N2 Billion From Recovered Loots

Malami Denies Receiving N2bn From Recovered Loots – Channels Television

Moses Ofodeme

Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN) has denied allegations that his office received N2 billion from the recovered funds.

In a statement issued by Dr. Umar Jibrilu Gwandu, his Special Assistant on Media and Public Relations, the AGF said, “Prior to the repatriation of all the recovered assets, Nigeria and relevant nations signed a memorandum of understanding as to what the monies will be put to and the government has been working in compliance with all the provisions of multi-national agreements reached,” the statement clarified.

Malami,  noted that it was on the basis of the application of the said funds; in line with the agreements that Nigeria earns a reputation among the international committee of nations which translated into further recoveries.

He said the Federal Government has a designated account at the Central Bank of Nigeria, CBN, for all recovered assets; adding that neither he as a person nor as Attorney General of the Federation and Minister of Justice, has in any way received any funds from the recovered assets.

Malami, therefore, challenged any person who has any evidence of such payments; to either him or his office, to come out publicly with proofs.

Report in the week said a House of Representatives panel claimed that the Central Bank of Nigeria (CBN) illegally paid N2 billion; to Abubakar Malami, attorney-general of the federation (AGF), from recovered loot.

At its sitting on Tuesday, the House ad hoc committee probing the status of recovered loot queried Malami on the funds; which they said they never approved as a budgetary allocation.

The lawmakers cited a letter from the CBN which indicated that the apex bank directed the release of the funds; following a request made for the money to be used to prosecute terror suspects.

They also challenged the Minister of Justice; for allegedly requesting payment of approved solicitors’ fees from the recovered assets; a claim which Malami utterly denied.

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