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Court sentences ex-Accountant-General to 72 yrs imprisonment for N868m fraud

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By Agency Report

The Federal High Court in Abuja, on Monday, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.

Justice James Omotosho, in a judgment, held that the Economic and Financial Crimes Commission, EFCC, had been able to prove the nine-count money laundering charge beyond reasonable doubt.

According to the judge, the defendant is hereby convicted as charged.

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

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The judge, however, ordered that the counts shall run concurrently.

Justice Omotosho, who described Nwabuoku’s act of diverting 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.

The judge 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.

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The News Agency of Nigeria (NAN) reports that Nwabuoku was admitted to a N500 million bail with two sureties in the like sum after he was arraigned on Jan. 15, 2025, on a nine-count amended charge.Breaking news alerts

The EFCC listed Mr Nwabuoku as the sole defendant in the charge marked FHC/ABJ/CR/240/2024.

Nwabuoku was alleged to have 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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NAN

 

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