Abubakar Malami Denies Terrorism Financing Allegations, Clarifies Abacha Loot Recovery Process

Abubakar Malami, the former Attorney General of Nigeria, refutes claims of terrorism financing and money laundering, stating that the EFCC sought clarification on the recovery of Abacha loot. Malami explains the process of recovering the $310 million Abacha funds during the Muhammadu Buhari administration, highlighting the rejection of a Swiss lawyer's fees and the deployment of repatriated funds for various national projects.

The recovered funds were used for social investment programs and infrastructure projects across Nigeria. Malami emphasizes the transparency and efficiency in handling the recovered funds.