FG to investigate former AGF Malami over five suspicious mega deals [Full List]

FG to investigate former AGF Malami over five suspicious mega deals [Full List]

NAIJA NEWS

The Bola Ahmed Tinubu-led administration is set to probe former Attorney-general of the Federation and Minister of Justice, Abubakar Malami (SAN).

According to TheCable, Malami will be questioned over at least five suspicious transactions during his time in office.

Sources disclose that a security agency will mandated to handle his interrogation.

Five of the transactions under investigation are:

1. 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.

Malami allegedly agreed to $496 million compensation to Global Steel over Ajaokuta steel plant despite the company having withdrawn claims for compensation in 2013.

2. His handling of the sale of assets worth billions of naira forfeited to the Economic and Financial Crimes Commission (EFCC) by politically exposed persons.

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FG to investigate former AGF Malami over five suspicious mega deals [Full List]

 

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