Former Acting Accountant-General of the Federation Sentenced to 72 Years in Prison for Diverting N868.46 Million Security Funds
In a landmark judgment delivered on Monday, March 23, Justice James Omotosho of the Federal High Court in Abuja convicted and sentenced Chukwunyere Nwabuoku, the former acting Accountant-General of the Federation (AGoF), to a 72-year prison term without the option of a fine. The conviction stems from charges of money laundering involving the diversion of N868.46 million in public funds designated for security and defence purposes.
Court Finds Defendant Guilty on All Counts
Justice Omotosho ruled that the Economic and Financial Crimes Commission (EFCC) had successfully proven the nine-count money laundering charge beyond a reasonable doubt. The judge declared, "The defendant is hereby convicted as charged," and sentenced Nwabuoku to eight years imprisonment on each of the nine counts, totaling 72 years. However, the court ordered that the sentences run concurrently, meaning Nwabuoku will serve a maximum of eight years in prison.
Details of the Financial Misconduct
The court described Nwabuoku's actions as "appalling," noting that he diverted the funds while serving as the Director of Finance and Account in the Ministry of Defence between 2019 and 2021. The diverted money was intended for critical security and defence operations, highlighting the severe impact of the crime on national safety.
During the trial, evidence presented by the 9th prosecution witness revealed that Nwabuoku voluntarily refunded over N200 million of the siphoned funds during the investigation. The defence did not contest this evidence, further strengthening the prosecution's case.
Commendation for EFCC's Prosecution
Justice Omotosho commended the EFCC for its detailed and thorough prosecution, emphasizing the importance of such efforts in combating corruption. This case underscores the judiciary's commitment to holding public officials accountable for financial crimes, particularly those involving funds meant for national security.
The sentencing sends a strong message against corruption in Nigeria's public sector, reinforcing the need for transparency and integrity in the management of public resources. As the nation continues to grapple with security challenges, this judgment highlights the critical role of the EFCC and the courts in safeguarding public funds and ensuring justice.
