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Tinubu’s Govt to probe Malami over Five Suspicious Deals

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There are reasons to believe that the Bola Tinubu-led federal government is planning to probe former Attorney General of the Federation (AGF) Abubakar Malami on some suspicious deals he was allegedly involved in during the last administration.

Some reliable sources have it that after Malami’s name cropped up in certain questionable deals, an unnamed security agency has been charged with the responsibility of handling his will interrogation.

Below are the said deals the former minister of justice will be probed on:

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  1. The strange and unclear 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 waived all claims for compensation back in 2013.

2. Malami’s handling of the sale of multi-billion naira assets forfeited to the Economic and Financial Crimes Commission (EFCC) by some exposed persons.

3. Malami’s role in the $419 million judgment debt awarded to consultants who claimed to have facilitated the Paris Club refunds to the states.

4. How Malami was part of a strange agreement to pay Sunrise Power $200 million compensation in its dispute with the Buhari-led government over the Mambilla power project

5. The alleged duplicated legal fees in the transfer of $321 million from late General Sani Abacha’s loot from Switzerland to Nigeria.

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