Court Sentences Former Acting Accountant-General to 72 Years for Money Laundering

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Justice James Omotosho of the Federal High Court in Abuja has sentenced former acting Accountant-General of the Federation, Chukwunyere Nwabuoku, to 72 years in prison for money laundering, without an option of fine.

 

Delivering judgment, Justice Omotosho affirmed that the Economic and Financial Crimes Commission (EFCC) had proven the nine-count money laundering charge beyond reasonable doubt.

 

“The defendant is hereby convicted as charged,” the judge declared.

 

Nwabuoku was sentenced to eight years in prison for each of the nine counts, totaling 72 years. However, Justice Omotosho ordered that the sentences run concurrently.

 

The judge described Nwabuoku’s actions—diverting funds meant for security and defence while serving as Director of Finance and Accounts in the Ministry of Defence—as “appalling.” He commended the EFCC for the thoroughness of its prosecution.

 

Justice Omotosho also noted that the defendant had voluntarily refunded part of the misappropriated over ₦200 million during the investigation, as confirmed by the 9th prosecution witness, a fact not contested by the defence.

 

Nwabuoku was arraigned last year on a nine-count amended charge and was granted bail of ₦500 million with two sureties of like sum. The alleged crimes occurred between 2019 and 2021 during his tenure at the Ministry of Defence.

 

An EFCC spokesperson praised the ruling, saying, “This verdict sends a clear message that financial misconduct at the highest levels will not be tolerated.”

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