Malami clears self in $3.1B Paris Club refund judgment debt

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The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, has

cleared himself of any blame in the $3.1billion dollars Paris Club Refund judgment debt, insisting that

the debt was ordered for payment by a valid high court judgment in Abuja.

The Association of Local Government of Nigeria ALGON incurred the huge debt against Riok Nigeria

Ltd and Ted Edwards & Edward Partners during the Paris Club and London refunds and had been

ordered to be paid to the contractors through the Central Bank of Nigeria after a series of limitations.

The AGF was accused by two media organizations in their separate publications of pushing for the

debt payment against the interest of the debtors.

But Malami in a reaction said that the huge debt arose from legitimate transactions freely entered into

by parties in the court action long before President Muhammadu Buhari came to power and before his

own appointment as AGF.

At a press conference he addressed in Abuja to clear his office and his person of an alleged shady deal

in respect of the judgment, Malami specifically explained that the order for the judgment debt

payment came from a suit marked FHC/ABJ/CS/130/13 between Linas international Ltd & 235 others

versus FGN & 3 others.

He explained that the suit instituted in 2013 had prayed for the recovery of $3.188.079.505, adding that

the judgment was delivered in favour of the plaintiffs on December 3, 2013 before the advent of the

incumbent administrator and his own appointment.

Consequent upon the judgment, the AGF further explained that Justice Hussein Baba Yusuf of the

High Court of the Federal Capital Territory granted a Garnishee Order Absolute in 2016, directing the

Central Bank of Nigeria (CBN) as Garnishee to pay the huge debt sum.

To ensure that no sharp practice came into play as witnessed in the P&ID judgment scandal, the AGF

said both the Economic and Financial Crimes Commission, EFCC, and the Department of State

Security Services, DSS, were deployed by his office into the matter for investigations.

Malami said that at the end of their thorough investigations, the two agencies confirmed the

contractual agreements between Association of Local Governments of Nigeria and their contractors

and also validity of the court judgment ordering payment of the debt by the CBN.

He, therefore, wondered why the two media organizations came about “their alleged malicious and

baseless publications” linking him and his office to an “alleged pushing for hurried payment of the

judgment debt” ordered since 2013 by a competent court of record.

He faulted the media publications, adding that their authors deliberately concealed facts relating to

the judgment debt and fed the Nigerian public with falsehood that portrayed him and his office in bad

light.

Malami insisted that neither President Buhari nor himself was in office in 2013 when ALGON and

their contractors as well as law firms engaged themselves for services that later resulted in court action

and court order for judgment granted in favour of the plaintiff.

“In fact, when it became inevitable that the payment had to be effected with the consent of Governors

Forum and ALGON, the office of AGF had to extract undertaking and indemnity from the Nigeria

Governors Forum NGF and ALGON in 2019”

While exonerating himself from any blame in the judgment debt payment, Malami insisted that all

necessary precautions were taken by his office and pleaded with the media to always get their facts

clear in order not to feed the public with falsehood.

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