Court jails Ex-Acting AGF for 72 Years

The Economic and Financial Crimes Commission (EFCC) has secured the conviction of former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, who was sentenced to 72 years imprisonment for fraud involving N868.46 million.

The anti-graft agency disclosed this in a statement on Monday, noting that Nwabuoku was prosecuted before the Federal High Court in Abuja on charges bordering on money laundering.

“The former Acting Accountant-General of the Federation… has been convicted and sentenced to jail for 72 years,” the EFCC said.

Nwabuoku, who briefly served in the role in May 2022 following the suspension of Ahmed Idris, was later removed weeks after his appointment.

He was arraigned on January 15, 2025, on nine amended counts of money laundering and was granted bail of N500 million with two sureties.

The EFCC said he conspired with several companies to convert funds suspected to be proceeds of unlawful activities, in violation of the Money Laundering (Prohibition) Act, 2011.

The commission added that part of the offences included laundering about N86 million during his tenure as Director of Finance and Accounts at the Ministry of Defence between 2019 and 2021, with nine witnesses testifying during the trial.