Abubakar Malami, former attorney-general of the federation (AGF), will be questioned over at least five suspicious transactions during his time in office, TheCable understands.
Five of the transactions under investigation, TheCable learnt, 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*
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*
3. *His role in the $419 million judgment debt awarded to consultants who claimed to have facilitated the Paris Club refunds to the states*
4. *The strange agreement to pay Sunrise Power $200 million compensation in its dispute with the federal government over the Mambilla power project*
5. *The duplicated legal fees in the transfer of $321 million Abacha loot from Switzerland to Nigeria.*
thecable.ng/exclusive-mala…
