It is wrong for any sane person to blame me for $9.6billion court ruling against Nigeria – Malami

Mr. Abubakar Malami (SAN), the Attorney-General of the Federation and Minister of Justice

Mr. Abubakar Malami (SAN), the Attorney-General of the Federation and Minister of Justice, has said that he cannot be held responsible for the United Kingdom court judgement ordering Process and Industrial Developments Limited (P&ID) to seize $9.6billion in Nigerian assets.

The AGF noted that it was wrong for anyone to blame him for the court ruling, adding that the court arbitration preceded his tenure as AGF. Malami noted that when he knew about the award, he immediately engaged local and international lawyers to defend Nigeria’s interest.

He noted that he engaged Chief Bola Ayorinde (SAN), Curtis Mallet-Prevost, Colt & Mosle, and others to defend Nigeria.

P&ID Ltd had in a report published on Dele Momodu’s TheBossNewspaper, revealed that President Muhammadu Buhari and not Ex-President Goodluck Jonathan should be blamed for the order to seize Nigerian assets.

He further noted that he wrote series of letters to security agencies in Nigeria in June 2017, requesting proper investigation into the criminal conspiracy and economic sabotage regarding the contract.

Mr. Malami also noted that he took appropriate steps to engage in possible out of court settlement negotiations, saying that it was therefore wrong for any sane person to blame him regarding the outcome of the court ruling.

AGF Malami’s statement came on Saturday following report that he was responsible for the delay that led to the award of $9.6billion penalty.

Read his response to the allegations against him below;

“The records are there for any sane persons to see and judge if indeed Malami or indeed the Buhari government can be held responsible for an act that had been completed five years before we came into office.

“The contract in question was a 2010 agreement signed five years before I came into office while the award by the United Kingdom Court of Arbitration was in June 2014, one year before I was appointed Minister of Justice by President Muhammadu Buhari.

“As a responsible and responsive public officer keen on protecting the interest of Nigeria, I took steps to engage local and international lawyers to defend Nigeria’s interest once the stupendous award was brought to my knowledge as the chief law officer of the federation.

“Among the prominent lawyers we engaged to pursue Nigeria’s interest in the UK court were Chief Bola Ayorinde, SAN, and Curtis Mallet-Prevost, Colt & Mosle, who did their best to defend our interest.

“Above all, as far back as June 2017, I wrote series of letters to relevant security agencies in Nigeria to investigate the criminal conspiracy and economic sabotage occasioned by the GSPA contract.

“In addition, I also took appropriate steps to intimate relevant government institutions of developments as they unfolded regarding this matter and engaged in probable out of court settlement negotiations.

“It is therefore wrong and unfortunate for any sane person to insinuate or imply that AGF Malami is culpable in any way regarding the award of $9.6bn against Nigeria by an English court when it is clear that I had no hand whatsoever in the planning, signing and implementation of the so-called gas supply and processing contract in 2010.”

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