TRUETELLS Nigeria reports that the Federal High Court has sentenced former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, to a total of 72 years in prison over a ₦868.46 million fraud and money laundering case.
The conviction followed a successful prosecution by the Economic and Financial Crimes Commission, which charged Nwabuoku with multiple offences, including money laundering, criminal breach of trust, and diversion of public funds.
Investigations into the case began during his time in senior government positions, notably as Director of Finance and Accounts at the Federal Ministry of Defence between 2019 and 2021, and later as Acting Accountant-General in 2022.
According to the EFCC, Nwabuoku conspired with several companies to unlawfully divert public funds. The companies named in the case include Temero Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge Limited, and Arafura Transnational Afro Limited. The funds were allegedly moved into private accounts and used for transactions without legal justification.
In November 2025, the court dismissed his no-case submission, ruling that the prosecution had presented enough evidence for him to enter a defence. He subsequently opened his defence in early 2026, pleading for acquittal, but the EFCC insisted the evidence clearly showed deliberate fraud and financial misconduct.
After reviewing all evidence and testimonies, the court found him guilty on all counts and imposed a cumulative 72-year prison sentence, with separate terms assigned to each charge.
