Justice James Omotosho of the Federal High Court, Maitama, Abuja on Monday, March 23, 2026 convicted and sentenced a former acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku to 72 years imprisonment for money laundering to the tune of N868, 465,000 (Eight Hundred and Sixty-eight Million, Four Hundred and Sixty-five Thousand Naira).
The Economic and Financial Crimes Commission, EFCC, prosecuted the former AGF on nine-count charges bordering on money laundering
Count one of the charges reads:
That you CHUKWUNYERE ANAMEKWE NNABUOKU, TEMEEO SYNERGY CONCEPT LIMITED(at large), TURGE GLOBAL INVESTMENT LIMITED(at large), LAPTEV BRIDGE LIMITED(at large), ARAFURA TRANSNATIONAL AFRO LIMITED(at large) and other persons (at large) between September, 2019 and October, 2020 in Abuja within the jurisdiction of this Honourable Court conspired to convert funds which are proceeds of unlawful activities and you thereby committed an offence contrary to Section 18 of the Money Laundering Prohibition Act 2011 as (amended by Act No. 1 of 2012) and punishable under section 15(2) (b) and (3) of the same Act.
Count two reads:
That you CHUKWUNYERE ANAMEKWE NNABUOKU, and TEMEEO SYNERGY CONCEPT LIMITED (at large), between September, 2019 and October, 2020 in Abuja within the jurisdiction of this Honourable Court indirectly converted the sum of N262, 602,897.27 (Two Hundred and Sixty Two Million, Six Hundred and Two Thousand, Eight Hundred and Ninety Seven Naira Twenty Seven Kobo) paid into the Zenith Bank Plc account of TEMEEO SYNERGY CONCEPT LIMITED (at large) with Number 1016901286 knowing that the funds constituted proceed of unlawful activity and you thereby committed an offence contrary to section 15(2) (b) and punishable under section 15(3) of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012).
Count three reads:
That you CHUKWUNYERE ANAMEKWE NNABUOKU, and TURGE GLOBAL INVESTMENT LIMITED (at large), between September, 2019 and October, 2020 in Abuja within the jurisdiction of this Honourable Court indirectly converted the sum of N202, 824,009.97 (Two Hundred and Two Million Eight Hundred and Twenty Four Thousand, Nine Naira, Ninety Seven Kobo) paid into the Zenith Bank Plc account of TURGE GLOBAL INVESTMENT LIMITED with Number 1016901279 knowing that the funds constituted proceed of unlawful activity and you thereby committed an offence contrary to section 15(2) (b) and punishable under section 15(3) of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012).
Count four reads:
That you CHUKWUNYERE ANAMEKWE NNABUOKU, and LAPTEV BRIDGE LIMITED (at large), between September 2019 and October, 2020 in Abuja within the jurisdiction of this Honourable Court indirectly converted the sum of N281, 106,469.41 (Two Hundred and Eighty One Million, One Hundred and Six Thousand, Four Hundred and Sixty Nine Naira, Forty One Kobo) paid into the Zenith Bank Plc account of LAPTEV BRIDGE LIMITED with Number 1016727695 knowing that the funds constituted proceed of unlawful activity and you thereby committed an offence contrary to section 15(2) (b) and punishable under section 15(3) of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012).
While delivering judgment on Monday, Justice Omotosho held that the prosecution proved its case beyond reasonable doubt, stressing that concrete evidence was presented to buttress the charges brought against the convict.
According to the judge, funds meant for the operation of the Ministry of Defense were converted to personal use. He also stressed that the corporate accounts opened to receive proceeds of unlawful activities, did not bear the name of the convict because the former acting AGF tried to shield himself to avoid criminal prosecution.
