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EFCC Arraigns Former Acting AGF Anamekwe Nwabuoku Over ₦1.96bn Money Laundering Charges

Published by Tope Fakinlede on January 17th, 2025.

EFCC Arraigns Former Acting AGF Anamekwe Nwabuoku Over ₦1.96bn Money Laundering Charges

The Economic and Financial Crimes Commission (EFCC) has formally charged Anamekwe Nwabuoku, the former acting Accountant-General of the Federation, with money laundering involving ₦1.96 billion.

In July 2024, Nwabuoku and Felix Nweke, a former deputy director in the Ministry of Defence, were presented before a federal high court in Abuja. However, their arraignment was delayed after both defendants sought a plea bargain and requested more time to repay the alleged stolen funds.

During a court session on Wednesday, Martha Babatunde, the EFCC’s legal representative, requested that the revised charges be read to Nwabuoku. The defendant pleaded not guilty to all nine counts.

While the prosecution opposed the oral application for bail, Judge James Omotosho granted Nwabuoku bail in the amount of ₦500 million, with two sureties required to each provide a guarantee of the same value.

The judge further ordered that the sureties must own property in Abuja, with each property valued at no less than ₦250 million. They were also instructed to submit an affidavit of means, along with their bank statements and tax clearance for the past three years, for verification by the court’s registrar.

The case has been adjourned as preparations begin for the trial.