According to Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), the case of former Attorney General of the Federation and Minister of Justice Abubakar Malami has demonstrated to Nigerians assuming public office that authority is fleeting.
According to Moghalu, public position in Nigeria is no longer associated with skill, ideology, or moral principles like honesty.
The former deputy governor of CBN stated on X that the court should determine Malami’s guilt or innocence.
“Anyone taking public office in Nigeria should understand the transience of power by now, especially in a country where public office has progressively become uncoupled from competence, ideology, or values such as integrity,” Moghalu wrote in response to a report that connected Malami’s wealth to Sani Abacha’s loot, the Paris Club refund, and the CBN agric loan.
“The hunters will become the hunted when people continue to act as though tomorrow will never come.” This is not Mr. Malami’s “conviction”; rather, it is only a broad statement.
“Let the courts determine whether he is guilty or innocent, if they will, and if this doesn’t turn into just another case of alleged corruption with no actual resolution.
“But under the great central banking whiz kid Mr. Emefiele, the central bank increasingly became the “Central Bank of Agriculture,” which was a little strange.”
This occurs after Malami and his son, Abubakar Abdulaziz, were charged with money laundering on Tuesday at the Abuja Federal High Court.
Malami, Abdulaziz, and another person entered a not guilty plea to the sixteen counts of alleged money laundering.
Allegations of illegal acquisition and money concealment led to their arraignment.
