By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

868.4 Million Naira Fraud:Court Jails Former Acting Agf, Nwabuoku

Last updated: March 23, 2026 3:30 pm
4 hours ago Okezie Chibuzor
Share
3 Min Read
AIT IMAGES 43
AGF NWABUOKU

Former Acting Accountant-General of the federation, Anamekwe Nwabuoku, has been sentenced to 72 years imprisonment for money laundering, by a federal high court in Abuja.

The trial judge James Omotosho,while delivering judgment, held that the Economic and Financial Crimes Commission (EFCC) proved its case against Nwabuoku.

Nwabuoku who was arraigned on a nine-count amended charge bordering on money laundering and fraud to the tune of N868.4 million, was convicted on all nine counts and sentenced to eight years’ imprisonment on each count, amounting to a cumulative 72 years.

The court, however, ordered that the sentences run concurrently.

The trial judge described Nwabuoku’s diversion of funds meant for security and defence, while serving as director of finance and accounts at the ministry of defence, as “appalling”.

The judge also commended the EFCC for what he described as a meticulous prosecution of the case, noting that the testimony of the ninth prosecution witness, that Nwabuoku voluntarily refunded over N200 million during the investigation, was not challenged by the defence.

In the charge that dads filed in 2024, the anti-graft agency accused Nwabuoku of conspiring with several companies, including Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge Limited, and Arafura Transnational Afro Limited, to convert funds suspected to be proceeds of unlawful activities.

The alleged offence, according to the EFCC, contravenes section 18 of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012), and is punishable under section 15(3) of the Act.

The commission said Nwabuoku committed the offences while serving as the director of finance and accounts in the ministry of defence between 2019 and 2021.

The former acting accountant general had filed a no-case submission which was dismissed by the court in November 2025.

He was appointed acting accountant-general of the federation on May 20, 2022, by then President Muhammadu Buhari, following the suspension of Ahmed Idris over alleged N80 billion fraud.

Nwabuoku was, however, removed from the position in July 2022, barely weeks after assuming office, following reports that he was under EFCC investigation.

(Editor: Roluke Ogundele)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • The Coca-Cola system in South Africa has an economic impact of R51.2 billion across its value chain, supporting more than 87,000 jobs, new study shows March 23, 2026
  • The Perception Tax: Africa's Most Expensive Misconception (By João Gaspar Marques) March 23, 2026
  • Captured with Precision, Felt in Every Frame: EVI in Cinemas March 27 March 23, 2026
  • Seychelles: Restructuring and New Appointments in the Cabinet Office March 23, 2026
  • Which Pre-Crisis African Liquefied Natural Gas (LNG) Projects Could Provide Critical Supply for Europe March 23, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?