I Didn’t Receive N2bn From Recovered Loot — AGF Malami Replies Lawmakers, Challenge Anyone With Proof To Come Out

The attorney-general of the federation (AGF), Abubakar Malami has denied the allegation that the sum of N2 billion was paid to his office from recovered loot.

The house of representatives ad hoc committee investigating the status of recovered loot had on Tuesday challenged Malami on the N2 billion which it said was at no time approved as budgetary allocation.

Sampling a letter from the Central Bank of Nigeria (CBN), the lawmakers said the apex bank directed the release of the funds after a request made for the money to be used to indict terror suspects.

But Malami had insisted that the request did not emerge from his office.

In a statement released on Thursday by Umar Gwandu, Malami’s spokesperson, the AGF called out any person with evidence of such payments made to him or his office to come out with proof.

He stated all looted funds recovered hitherto have been applied in compliance with the agreements reached with countries from which the funds are repatriated.

The AGF was quoted as saying that before the repatriation of the recovered assets, Nigeria and relevant nations signed a memorandum of understanding as to what the monies will be used for, and the government has been working in conformation with all the provisions of multinational consensus reached.

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

He disclosed that the federal government has a designated account at the CBN for all recovered loots.

“Malami has neither, as a person, nor as the attorney-general of the federation and minister of justice, not in any way received any funds from the recovered assets,” the statement reads.