Lagos based lawyer, Femi Falana, has berated the Attorney General of the Federation, Abubakar Malami, for claiming that the N1bn property located at 43 Gana Street, Maitama, Abuja was sold to him.
Falana had been accused by the embattled former chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, of buying the building which was one of the properties he helped to seize from pension thieves and handed over to the Economic and Financial Crimes Commission.
A claim reiterated by the AGF when giving his testimony to a Senate ad-hoc committee investigating the events surrounding the reinstatement of Maina.
Reacting to the allegation, Falana said, “I have decided to take issue with Malami over his false claim that the EFCC had sold the property in question to me. Contrary to Malami’s claim, I never bought any property from the EFCC.
“If Mr Malami had conducted a search on the property in question, he would have found that it was one of the assets used to ‘collaterise’ a loan obtained from Bank PHB by A Group Properties over 10 years ago.
“He would also have found that the property is a subject matter of a suit which is currently pending before the Federal High Court sitting at Abuja. (See Suit No /2015 between Assets Management Corporation of Nigeria v A Group Properties Limited).”
The suit according Falana was instituted by AMCON due to the failure of the company to liquidate the loan.
Falana further said that in granting the ex parte application, filed by AMCON in the matter, the court ordered an interim forfeiture of the assets of A Group Properties Limited including No. 42 Gana Street, Maitama District, Abuja.