Just In: Former AGF Sentenced to 72 Years over N868 Million Fraud

The Federal High Court in Abuja has sentenced Chukwunyere Anamekwe Nwabuoku, former Acting Accountant-General of the Federation, to 72 years in prison for defrauding the government of ₦868.46 million.

Nwabuoku was prosecuted by the Economic and Financial Crimes Commission (EFCC) on charges related to money laundering and the misappropriation of public funds.

In a statement on Monday via its official X handle, the EFCC described the conviction as a landmark step in the fight against corruption, emphasising the need for accountability in public office.

“The former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, prosecuted for money laundering involving ₦868.46 million, has been convicted and sentenced to 72 years imprisonment,” the agency stated.

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Court proceedings revealed that Nwabuoku allegedly diverted and concealed public funds through multiple transactions, with the prosecution presenting evidence detailing the flow of the misappropriated money.

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The 72-year sentence represents the cumulative penalties across the various counts of which he was found guilty. Nwabuoku had briefly held the position of Acting Accountant-General before his removal amid corruption allegations.

The EFCC hailed the ruling as a deterrent against financial crimes in the public sector, underlining its commitment to ensuring that public officers face consequences for mismanagement of government resources.


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