Highlight

Alleged N1.96bln fraud: Ex-AGF requests more time for out-of-court settlement

497

Despite the initial failed attempt to reach an agreement with the Economic and Financial Crimes Commission (EFCC), former Acting Accountant-General of the Federation (AGF), Anamekwe Nwabuoku, has pleaded with the Federal High Court in Abuja for more time for out-of-court settlement with the anti-graft agency.

Nwabuoku, who is facing a nine-count charge, made the plea after the EFCC’s lawyer, Mr. Ekele Iheanacho (SAN) announced that five additional witnesses would testify in the case as the prosecution presented its case against him.

Although represented by Mr. Isidore Udenko, the defendant informed the court that he has engaged a Senior Advocate of Nigeria to facilitate an out-of-court settlement.

Udenko said the case proceeded to trial after the defendant’s initial attempt to reach an agreement with the anti-graft agency failed.

Iheanacho, however, said he did not object to the defendant’s request.

He said: “Even though our five witnesses are in court and we are ready to go on with the trial, however, if request of the defendant will meet the justice of the case, we will not be opposing.”

Justice James Omotosho subsequently adjourned the case until March 13.

The trial was adjourned to allow for either a settlement report or the continuation of the trial.

Persecondnews recalls that Nwabuoku was appointed in May 2022 to temporarily lead the Office of the Accountant General of the Federation (OAGF), following the suspension and eventual trial of Ahmed Idris, the former AGF, over allegations of money laundering to the tune of N80.2 billion.

Investigations into the allegations ultimately resulted in his removal from office in July 2022, just a few weeks after his appointment.

Nwabuoku was subsequently arraigned in court alongside Felix Nweke, a Director in the Federal Civil Service.

The EFCC later amended the charges, dropping Felix Nweke as the second defendant after he agreed to testify against Nwabuoku.

In the amended charge marked FHC/ABJ/CR/240/24, the EFCC alleged that Nwabuoku committed an offence that was contrary to Section 18 of the Money Laundering Prohibition Act, 2011, as amended by Act No. 1 of 2012, and punishable under Section 15(3) of the same Act.

Leave a comment

Related Articles

Ebonyi Man’s Acquittal Raises Concerns Over Misuse of State Laws, Institutions – S4C

Spaces for Change (S4C) has expressed serious concerns about how those in...

Sen. Peter Nwaoboshi dies, Delta Gov. mourns

Sen. Peter Onyelukachukwu Nwaoboshi, who previously represented the Delta North Senatorial District,...

Senate confirms Mohammed, Eyesan as NMDPRA, NUPRC CEOs

The Senate has confirmed the appointments of Saidu Mohammed and Oritsemeyiwa Eyesan...

Colleagues’ Intervention Fails as Opeyemi Aiyeola Snubs Jamiu Azeez’s Apology

Nollywood actress Opeyemi Aiyeola has continued to keep her distance from her...

Supreme Court Dismisses INEC’s Appeal Against SDP, Imposes N2m Fine

In a unanimous decision on Friday, the Supreme Court threw out INEC’s...

Nigeria’s Football Leagues Get Massive Boost with ₦40bln Sponsorship Deal

Nigeria’s domestic football scene is set to receive a major injection of...

160 Suspects Nabbed in FCT’s Latest Crime Crackdown, 300 Cases Recorded

More than 300 crime cases were reported between October and December 2025 in...

Tinubu Approves New Board for NERC, Oseni Takes Helm

President Bola Tinubu has approved the reconstitution of the Board of the...

Alleged Land Document Forgery: Court Remands FCTA Director In Prison

The Director of Lands with the Federal Capital Territory Administration (FCTA), Adamu...

Breaking: FG reopens 47 unity schools

The Federal Government has announced the reopening of the 47 unity schools...

Ambassadors: Senate Confirms Jimoh Ibrahim, ex-Rivers Administrator Ibas, INEC’s Yakubu, Reno, 60 Others

The Senate on Thursday, December 18, confirmed 64 ambassadorial and high commissioner...

NPA Unveils Ambitious Plans for Maritime Growth

The Nigerian Ports Authority (NPA) is gearing up for a major transformation,...

NPA Sees Massive Growth in Export Containers, Cargo Throughput

The Nigerian Ports Authority (NPA) has posted an impressive performance in the...

NDPHC at 20: Shettima Reaffirms FG’s Commitment to Power Sector Reforms

Vice President Kashim Shettima has reiterated the Federal Government’s dedication to modernizing...

ACP Collapses, Dies During Ebonyi Police Meeting

Assistant Commissioner of Police (ACP) Ogbon-Inu Taiwo Popoola, the officer in charge...

Yuletide: FCT Police deploy 2,000 personnel to secure worship centres, others

No fewer than 2,000 police personnel have been deployed to places of...

College Provost Jailed for Fake Varsity Document

Samson Orijugo, the Provost of Adonai Advanced Institute of Management, has been...

‘I Left Over N300bln in State’s Coffers Before Emergency Rule’ – Rivers Gov. Fubara

Governor Siminalayi Fubara revealed on Wednesday that Rivers State had over N300...

House of Reps Flags Unauthorized Changes to Tax Laws

Rep. Abdussamad Dasuki has alerted the House of Representatives to alleged discrepancies...

Just In: 4 Onboard as Aircraft Crashes in Owerri

A Cessna 172, registered as 5N-ASR and operated by Skypower Express, crashed...