Abubakar Malami to remain in The Economic and Financial Crimes Commission custody as court rejects bail application

0

The Federal Capital Territory, FCT,  High Court on Thursday rejected the bail application of a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami.

Malami had in the application sought bail from the custody of the Economic and Financial Crimes Commission, EFCC.

In his ruling, the presiding judge, Justice Babangida Hassan, said Malami’s detention was lawful and backed by a valid court order.

The EFCC had accused Malami of money laundering and abuse of office.

Recall that the anti-graft agency on November 28, invited Malami for questioning.

Subsequently, reports emerged indicating that Malami’s international passport was seized over the ongoing investigation into the whereabouts of an alleged $490 million Abacha loot, which was secured by the immediate past administration through a Mutual Legal Assistance, MLAT, request.

The former minister has been detained in the custody of the anti-graft agency.

However the former AGF has described the allegations against him as “baseless, illogical and wholly devoid of substance”.

He claimed that upon his assumption of office in 2015 as Nigeria’s Attorney-General, the recovery of the said funds had already been completed by a Swiss lawyer, Mr. Enrico Monfrini.

-Advertisement-

Grab our latest Magazine, "Kelechi Amadi-Obi - Transcending the worlds of Law, Visual Art and Photography". Get your order fast and stress free. Newswire mag

For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did

Download E-Magazine

Do you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk