A Federal High Court sitting in Abuja has convicted and sentenced a former Acting Accountant-General of the Federation, Chukwunyere Nwabuoku, to a total of 72 years imprisonment over money laundering offences.
The trial judge, Justice James Omotosho, delivered the judgment after finding that the Economic and Financial Crimes Commission (EFCC) successfully proved all nine counts brought against the defendant beyond reasonable doubt.
In his ruling, Justice Omotosho held that Nwabuoku was guilty on all charges and subsequently sentenced him to eight years imprisonment on each of the nine counts, amounting to 72 years. The court, however, ordered that the sentences run concurrently.
The judge described the offence as “appalling,” noting that the funds diverted were meant for security and defence while Nwabuoku served as Director of Finance and Accounts in the Ministry of Defence.
Justice Omotosho also commended the EFCC for its thorough investigation and prosecution of the case.
During the proceedings, the court noted that evidence presented by the ninth prosecution witness revealed that the defendant had voluntarily refunded part of the misappropriated funds, which exceeded ₦200 million. This claim was not challenged by the defence.
Nwabuoku was initially arraigned on January 15, 2025, on a nine-count amended charge and was granted bail in the sum of ₦500 million, with two sureties in like amount.
The offences were said to have been committed between 2019 and 2021 during his tenure as Director of Finance and Accounts in the Ministry of Defence.
Former Acting Accountant-General Nwabuoku Jailed 72 Years for Money Laundering
