Nigeria’s ex-Accountant-General jailed 72 years for fraud

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Justice James Omotosho of the Federal High Court, Abuja, on Monday, sentenced a former Acting Accountant-General of the Federation, Chukwunyere Nwabuoku, to 72-year in prison for money laundering.

The judge, in a judgment, held that the Economic and Financial Crimes Commission (EFCC) was able to prove the money laundering charge against the convict.

The commission arraigned the ex-AoGF on a nine-count charge of money laundering.

Jutsice Omotosho convicted Nwabuoku in all the nine counts and sentenced him to eight years imprisonment in each of the counts, making 72 years.

He, however, ordered that the terms would run concurrently.

The judge, who described Nwabuoku’s diversion of funds meant for security and defence while he served as Director of Finance and Account in the Ministry of Defence as “appalling,” commended the EFCC for being detailed in its prosecution.

Omotosho observed that the evidence of the 9th prosecution witness that Nwabuoku voluntarily refunded part of the siphoned money of over N200 million during investigation was not controverted by the defence.

The court granted Nwabuoku bail in the sum of N500 million with two sureties in the like sum after he was arraigned on January 15, 2025, on a nine-count amended charge.

The commission told the court that the convicted perpetrated the act while serving as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021.

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