RismadarVoice Reporters, February 11, 2026
A former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, on Tuesday, February 10, 2026, admitted before the Federal High Court in Abuja that funds were transferred from the Ministry of Defence to four private companies during his tenure as Director of Finance for what he described as “classified purposes.”
Nwabuoku made the admission while testifying before Justice James Omotosho in his ongoing trial over alleged money laundering to the tune of N868,465,000.
Under cross-examination by prosecution counsel, Ekele Iheanacho, SAN, the defendant was confronted with his earlier statement made to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on February 2, 2025. In the statement, he acknowledged that funds were transferred from the Ministry of Defence to Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge and Arafura Transnational Afro Limited for classified security purposes that could not be disclosed.
The admission appeared to contradict his earlier testimony in court, where he denied having any dealings with the companies and claimed he only became aware of them when their names were mentioned during proceedings.
During the cross-examination, the prosecution maintained that evidence before the court indicated that the funds paid to the four companies were not tied to any lawful transactions, arguing that there was no proof they were used for security purposes as claimed.
In a related development, the defendant insisted that he personally purchased the property he currently occupies from legitimate earnings. However, he identified a cheque of N64 million issued by Mdavi Limited in favour of City Gate Homes for the acquisition of the residence.
The Economic and Financial Crimes Commission (EFCC) is prosecuting Nwabuoku on an amended nine-count charge bordering on alleged money laundering involving N868.4 million.
Justice Omotosho adjourned the matter until February 27, 2026, for the adoption of written addresses.
