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$490m Abacha Loot: Malami barred from leaving Nigeria, to report daily to EFCC office
The Economic and Financial Crimes Commission (EFCC) has confiscated the international passport of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, as part of a widening investigation into the fate of an alleged $490 million Abacha loot reportedly repatriated through a Mutual Legal Assistance (MLAT) arrangement.
A senior EFCC source confirmed on Sunday that Malami has been placed on a one-month travel restriction and is required to report to the Commission’s headquarters in Abuja daily for further questioning.
According to the source, one of the terms of his release on Saturday was that he must remain in the country unless otherwise permitted by the EFCC or granted leave by a competent court.
“We have asked him to clarify the whereabouts of the $490 million secured through MLAT.”
“We did not say he stole the funds, but he must account for them,” the source said, noting that the former minister still has several issues to address in the coming weeks.
The EFCC source added that the passport seizure was necessary due to the volume of documents Malami is expected to review and the extensive interviews ahead.
“We are not going into a media exchange with anyone. Our findings will be made public once investigations are concluded,” the official added.
Malami, in a post on X, dismissed the allegations as fabricated and expressed gratitude to Allah for what he called divine intervention.
He confirmed that he had a “successful engagement” with the EFCC and had been released pending further meetings.
He made no direct reference to the confiscation of his passport but maintained that the truth would eventually come to light.
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