I never received N2bn from recovered loot – Malami replies lawmakers

Lawyer-Basic of the Federation (AGF), Abubakar Malami has debunked declare of him or his workplace receiving N2bn from recovered loot.

Malami was queried by the home of representatives advert hoc committee probing the standing of recovered loot on Tuesday Could 26. The lawmakers who requested the AGF how the N2 billion which was by no means accredited as budgetary allocation was spent, cited a letter from the Central Financial institution of Nigeria (CBN) directing the discharge of the funds following a request made for the cash for use to prosecute terror suspects.

Reacting to this in a press release launched by his media aide Umar Gwandu on Thursday Could 27, Malami insisted that the request by no means got here from his workplace.

The AGF who maintained that each one looted funds recovered to this point have been utilized in accordance with the agreements reached with nations from which the funds are repatriated, challenged any individual with proof of such funds made to him or his workplace to come back out with proof.

Malami additionally revealed that there’s a designated account on the CBN for all recovered funds.

The assertion learn;

“It was on the premise of the appliance of the mentioned funds consistent with the agreements that Nigeria earns reputation among international committee of countries which translated into additional recoveries.

“Malami has neither, as an individual, nor because the attorney-general of the federation and minister of justice, not in any manner obtained any funds from the recovered belongings,” the assertion reads.