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Abubakar Malami, former attorney-general of the federation (AGF), will be questioned over at least five suspicious transactions during his time in office, as per TheCable
Five of the transactions under investigation are:
• The mysterious payment of $496 million to Global Steel Holdings Ltd (GSHL) as settlement for the termination of the Ajaokuta Steel concession nine years after the Indian company had waved all claims for compensation
• His handling of the sale of assets worth billions of naira forfeited to the Economic and Financial Crimes Commission (EFCC) by politically exposed persons
• His role in the $419 million judgment debt awarded to consultants who claimed to have facilitated the Paris Club refunds to the states
• The strange agreement to pay Sunrise Power $200 million compensation in its dispute with the federal government over the Mambilla power project
• The duplicated legal fees in the transfer of $321 million Abacha loot from Switzerland to Nigeria.
Malami’s name has cropped up in a number of these questionable deals under the last administration.
A security agency will handle his interrogation, sources said.
