Court Sentences Ex-AGF, Nwabuoku, to 72 Years in Jail for N868m Fraud

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The Federal High Court in Abuja has convicted and sentenced former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, to 72 years imprisonment over a N868.46 million fraud.

Nwabuoku was prosecuted by the Economic and Financial Crimes Commission (EFCC) on charges bordering on money laundering.

The EFCC, in a statement posted on its official X handle on Monday, described the conviction as a significant step in its efforts to promote accountability and deter financial crimes within the public sector.

“The former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, who was prosecuted by the EFCC at the Federal High Court, Abuja, for money laundering involving N868.46 million has been convicted and sentenced to jail for 72 years,” the agency stated.

According to the anti-graft body, the offences involved the diversion and concealment of public funds amounting to over N868 million. The prosecution presented evidence detailing how the funds were allegedly laundered through multiple financial transactions.

The court found him guilty after reviewing the evidence and upheld the charges against him. The 72-year sentence represents the cumulative penalties for the various counts on which he was convicted.

Nwabuoku had briefly served as Acting Accountant-General of the Federation before his removal from office following corruption allegations.

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