A Federal High Court in Abuja has sentenced former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, to 72 years in prison after finding him guilty of laundering N868.4 million.
Justice James Omotosho delivered the ruling on Monday, 23 March 2026, following a nine-count charge brought by the Economic and Financial Crimes Commission (EFCC).
Nwabuoku, who previously served as Director of Finance at the Ministry of Defence, admitted authorising transfers to four private firms.
The firms were Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge, and Arafura Transnational Afro Limited, claiming they were for “classified purposes.”
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His confession contradicted earlier denials, with prosecutors presenting a statement he made to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in February 2025, where he acknowledged overseeing the transactions.
The EFCC argued that no evidence linked the payments to legitimate security operations, insisting the funds were diverted under the guise of defence spending.
During the trial, Nwabuoku also admitted that a cheque of N64 million from Mdavi Limited was used to purchase his residence, raising further questions about the source of his wealth.
The court upheld the EFCC’s position that the funds were unlawfully laundered through private entities, sealing one of the most high-profile convictions in Nigeria’s anti-graft drive.
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