The Economic and Financial Crimes Commission (EFCC) has charged Anamekwe Nwabuoku, the former acting Accountant-General of the Federation (AGF), with laundering N1.96 billion.
The EFCC took Nwabuoku and Felix Nweke, who used to be a deputy director at the Ministry of Defence, to a federal high court in Abuja in July 2024.
The case took a turn in October 2024 when both men asked for a plea bargain – where they would admit guilt in exchange for a lighter sentence. They also requested more time to return the money they allegedly took.
Read Also: Internet fraud, currency racketeering, others top EFCC arrests in 2024
At Wednesday’s court session, EFCC lawyer Martha Babatunde asked the court to read the revised charges to Nwabuoku. He responded by pleading not guilty to all nine charges.
Judge James Omotosho decided to grant Nwabuoku bail despite objections from the prosecution. The judge set bail at N500 million and required two guarantors to match this amount.
Judge Omotosho also set several other conditions: each guarantor must own property in Abuja worth at least N250 million. They must also swear to their financial status, show their bank statements, and provide proof of paying taxes for the past three years. The court’s registrar will check all these documents.
The trial will begin at the next court date.
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