Former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu, has said the case of ex-Attorney General of the Federation and Minister of Justice, Abubakar Malami, has shown Nigerians taking public office that power is transient.
Moghalu said public office in Nigeria has now been uncoupled
from competence, ideology, or values such as integrity.
Posting on X, the former CBN deputy governor said the court
should decide if Malami is guilty or not.
Reacting to report linking Malami’s wealth to Sani Abacha’s
loot, Paris Club refund, and the CBN agric loan, Moghalu wrote: “By now anyone
taking public office in Nigeria should understand the transience of power,
especially in a country where public office has progressively become uncoupled
from competence, ideology, or values such as integrity.
“When people carry on in office like tomorrow will never
arrive, the hunters will become the hunted. This is only a general statement
and not a “conviction” of Mr. Malami.
“Let the courts decide his guilt or innocence, if they will,
and if this does not become yet another alleged corruption case with no real
conclusion.
“But it was a bit odd when the central bank increasingly
became the “Central Bank of Agriculture” under the great central banking whiz
kid, Mr. Emefiele.”
This comes as Malami and his son, Abubakar Abdulaziz, were
arraigned before the Abuja Federal High Court for money laundering on Tuesday.
Malami, Abdulaziz, and another individual pleaded not guilty
to the 16-count charge of alleged money laundering.
They were arraigned on allegations of unlawful acquisition
and concealment of funds.
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