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The Economic and Financial Crimes Commission (EFCC) on Monday announced that a former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, has been convicted and sentenced to 72 years in prison for fraud involving ₦868.46 million.
EFCC said Nwabuoku was prosecuted before the Federal High Court on money-laundering charges.
The commission disclosed the conviction in a post on its X handle.
N868.4m Fraud: AGF, Nwabuoku Jails 72years
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… pic.twitter.com/gPbakoRUti— EFCC Nigeria (@officialEFCC) March 23, 2026
Nwabuoku was appointed Acting Accountant-General in May 2022 following the suspension of Ahmed Idris over an alleged ₦800 million fraud, but was removed a few weeks later.
He was arraigned by the EFCC on January 15, 2025, on nine amended counts of money laundering.
According to the EFCC, Nwabuoku, alongside several companies, including Temero Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge Limited, and Arafura Transnational Afro Limited, allegedly conspired to convert funds believed to be proceeds of unlawful activities.
The offences contravened Section 18 of the Money Laundering (Prohibition) Act, 2011 (as amended).
EFCC also said the offences involved the laundering of about ₦86 million while Nwabuoku served as Director of Finance and Accounts at the Ministry of Defence between 2019 and 2021.
During the trial, the prosecution called nine witnesses, including a Zenith Bank staff member, Eucharia Ezeodi, and a federal civil service director, Felix Nweke, as per the EFCC report.
