N868 Million Fraud: Ex-Acting Accountant-General, Nwabuoku Bags 72 Years In Prison

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Former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, has been sentenced to 72 years in prison by the Federal High Court in Abuja over a N868.46 million fraud.

The Economic and Financial Crimes Commission (EFCC) disclosed this in a statement posted on its official X (formerly Twitter) handle on Monday.

The commission stated: “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 72 years in prison.”

According to the anti-graft agency, the offences involved the diversion and concealment of public funds amounting to over N868 million.

The court found him guilty after evaluating evidence presented by the prosecution, which detailed how the funds were allegedly laundered through multiple transactions.

The 72-year sentence represents the cumulative penalties for the various counts on which he was convicted.

Nwabuoku briefly served as Acting Accountant-General of the Federation before being removed from office over corruption allegations.

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