Former Attorney-General of the Federation, Abubakar Malami, has refuted media reports linking him to terrorism financing, alleged ownership of 46 bank accounts, and other financial misconduct.
In a statement, Malami’s office described the claims as “false, misleading and baseless,” stressing that no security or intelligence agency in Nigeria or abroad has ever accused, investigated, or questioned him regarding terrorism financing or multiple accounts.
The statement also noted that a retired military officer recently mentioned in some reports had publicly clarified that he never accused Malami.
An explanation overshadowed, it said, by “sensational and mischievous” media framing.
Malami’s office highlighted his contributions to strengthening Nigeria’s anti-money laundering and counter-terrorism financing systems.
These include establishing the Nigerian Financial Intelligence Unit (NFIU) and championing key reforms such as the Money Laundering (Prevention and Prohibition) Act, 2022, and the Terrorism (Prevention and Prohibition) Act, 2022; efforts credited with helping Nigeria exit the FATF grey list.
