Wednesday, 11 May 2016

NEWS:--FG funds: Justice minister accused of compromising his office

FG funds: Justice minister
accused of compromising his
office


– The Attorney General of the Federation
(AGF) and minister of justice, Abubakar
Malami (SAN), has been accused of
compromising his office
– The accusation is coming from the chief
executive officer of Panic Alert Security
Systems (PASS), Dr George Uboh
– The issue is revolved around the funds of
the federal government trapped in various
banks
The Chief Executive Officer of Panic Alert
Security Systems (PASS), Dr George Uboh
has made very serious allegations against
the attorney general of the minister of
justice, Abubakar Malami (SAN).
In a letter addressed to President
Muhammadu Buhari on Monday, May 9, Dr
Uboh who made several allegations against
the minister stated that after his firm traced
huge funds of the federal government
trapped in banks, Malami asked his company
to recover the funds.
Minister of justice, Abubakar Malami (SAN)
Uboh was reacting to a letter the minister
wrote to President Buhari after he was
queried by the presidency following Uboh’s
petition over Malami’s conduct in the
process of recovering the funds.
He wrote: ”Even a lay man knows that a
private company like ours cannot recover
funds. Funds are recovered through ”bankers
order” authorized by a magistrate on behalf of
law enforcement agencies – Police, EFCC or
ICPC.”
Another part of the letter read: ”Malami


grossly compromised his position by
succumbing to the pressure and/or
inducement from the ”banking sector mafia”.
”There is ample evidence that during the
pendency of the engagement, Malami was
entertaining the same banks he sent us to go
after.
”Access Bank, the most culpable of the banks,
was the first to call me on March 3, 2016 to
ask if I had heard from the AGF, that senior
staff of Access Bank met with the AGF who
promised he would call me to soft pedal on
Access Bank.”
Dr Uboh claimed he reached out to the
minister regarding soft pedaling on the issue,
but instead he was visited by one Nafiu, an
aide to the minister at midnight in order to
buy him over.
Uboh also dismissed claims that he collected
bribe from some of the banks involved,
instead he accused the minister of
entertaining bank officials officials with
compromising promises.
”There was no case of me collecting bribe
from any of the banks or visitation beyond
official visitations, unlike Malami who
entertained them with compromising promises,
then manifested the promise by revoking the
engagement letter,” Uboh wrote.




Furthermore, Uboh urge the president to do
the following regarding the issue:

1. Sack AGF Malami with immediate effect
for dereliction of duty, incompetence and
betryal of his oath of office/Nigeria in
refusing to recover oner $1billion traced

2. Direct the ministry of justice to obtain the
details of all the funds traced belonging to
the federal government, take the necessary
steps in recovering the funds and remit
same to the government

3. Direct the ministry of justice to pay PASS
5% of any recovered funds premised by the
company’s tracing pursuant to the
agreements in the engagement letter

4. Direct the ministry of justice to reinstate
PASS engagement letter with immediate
effect in order to trace the over $75 billion
government funds trapped in financial
institutions yet to be traced.
Uboh had also accused former EFCC bosses,
Mrs Farida Waziri and her successor, Mr
Ibrahim Lamorde of hiding funds of the
EFCC in one of the new generation banks