Court jails ex acting AGF Nwabuoku eight years for N868m fraud
A Federal High Court in Abuja has sentenced former acting Accountant General of the Federation, Chukwunyere Nwabuoku, to eight years in prison after finding him guilty of N868 million money laundering charges. Justice James Omotosho ruled that the Economic and Financial Crimes Commission proved all nine counts against Nwabuoku beyond reasonable doubt, as required by law. He rejected any option of fine and ordered that the eight year sentence on each count should run concurrently. The judge described Nwabuoku’s conduct as appalling, noting that he diverted funds meant for security and defence while serving as Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021. Justice Omotosho praised the EFCC for the detailed manner in which it handled the prosecution. He also pointed out that evidence from one of the prosecution witnesses, that Nwabuoku voluntarily refunded […]