ABUJA – In a landmark judgment reinforcing the federal government’s anti-corruption crusade, Justice James Omotosho of the Federal High Court sitting in Maitama, Abuja, has sentenced the former Acting Accountant General of the Federation (AGF), Chukwunyere Anamekwe Nwabuoku, to 72 years imprisonment.
The conviction, delivered on Monday, March 23, 2026, follows a rigorous prosecution by the Economic and Financial Crimes Commission (EFCC) on nine counts bordering on money laundering and criminal conspiracy to the tune of N868,465,000.
The court found that between September 2019 and October 2020, Nwabuoku orchestrated a sophisticated scheme to divert public funds meant for the Ministry of Defence.
The judge held that the convict utilized several "at large" corporate entities, including Temeeo Synergy Concept Limited, Turge Global Investment Limited, and Laptev Bridge Limited, to layer and conceal the illicit proceeds.
Justice Omotosho noted that while the accounts did not bear Nwabuoku’s name, evidence proved he was the mastermind behind their operations, using them as conduits for state funds.
A pivotal moment in the trial was the revelation that Nwabuoku had previously refunded N220 million to the EFCC recovery account.
Justice Omotosho ruled that this act was a tacit admission of guilt. According to the judge, “The implication of this is that the defendant admitted the crime of money laundering.
“If he did not have a guilty mind, he would not have refunded the money,” the Judge remarked.
The court highlighted a dramatic shift in the convict's financial profile. Prior to August 2019, Nwabuoku’s bank balance stood at a modest N3 million.
However, the judge stated, following his appointment to key positions, the account began receiving tons of millions in a timeline that directly coincided with the diverted Ministry of Defence funds.
Justice Omotosho declared that Nwabuoku was unable to explain to the court how a civil servant could afford N200 million in corporate shares, a N64 million property acquisition, and the source of N355 million funnelled through an entity known as Mdavies Ltd.
Justice Omotosho held that the EFCC proved its case beyond a reasonable doubt.
Consequently, Nwabuoku was convicted on all counts.
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