Home / News / Court Sentences Ex-Accountant General to 72 Years in Jail for N868m Fraud

Court Sentences Ex-Accountant General to 72 Years in Jail for N868m Fraud

The Federal High Court sitting in Abuja has found former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, guilty and sentenced him to 72 years in prison over a N868.46 million fraud.

Economic and Financial Crimes Commission (EFCC) handled the case against Nwabuoku on charges related to money laundering.

In a statement shared on its official X handle on Monday, the commission described the judgment as a major move in its push to promote accountability and discourage financial crimes in government.

“The former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, who was prosecuted by the EFCC at the Federal High Court, Abuja, for money laundering involving N868.46 million has been convicted and sentenced to jail for 72 years,” EFCC wrote.

The anti-corruption agency said the case involved the diversion and hiding of public funds totaling more than N868 million.

The court reached its decision after reviewing evidence from the prosecution, which showed how the money was allegedly moved through several transactions to cover its trail.

The 72-year jail term represents the combined sentences for all the charges he was found guilty of.

Nwabuoku had earlier served for a short time as Acting Accountant-General of the Federation before he was removed from office following corruption allegations.

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