REVEALED: Malami’s billions traced to Abacha loot, Paris Club refunds, CBN agric loans
[NigerianEye - Nigeria] - 29/12/2025
Investigators have linked a bulk of the wealth of Abubakar Malami, the former attorney-general of the federation, to a number of sources TheCable reports that at the top of the list are Paris Club refunds made to states, unpaid loans taken from the Central Bank of Nigeria (CBN) under the anchor borrowers programme, and the restitution of Abacha loot to Nigeria. Malami has been detained by the Economic and Financial Crimes Commission (EFCC) ahead of his arraignment before a federal high court in Abuja. Properties estimated at over N200 billion have been traced to Malami. The assets are (…)
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