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You are at:Home»Breaking News»Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
Breaking News

Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds

DailyblastBy DailyblastMarch 23, 202602 Mins Read
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Justice James Omotosho of the Federal High Court in Abuja, on Monday, March 23, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.

 

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DailyTrust reports that in the judgment delivered, Justice Omotosho held that the Economic and Financial Crimes Commission (EFCC) had been able to prove the nine-count money laundering charge beyond reasonable doubt.

 

 

According to the judge, the defendant is hereby convicted as charged.

 

 

Justice Omotosho convicted Nwabuoku in all the nine counts and sentenced him to eight years imprisonment in each of the counts, making 72 years.

 

 

The judge, however, ordered that the counts shall run concurrently.

 

Justice Omotosho, who described Nwabuoku’s act of diverting funds meant for security and defence while he served as Director of Finance and Account in the Ministry of Defence as “appalling,” commended the EFCC for being detailed in its prosecution.

 

The judge observed that the evidence of the 9th prosecution witness that Nwabuoku voluntarily refunded part of the siphoned money of over N200 million during investigation was not controverted by the defence.

 

Nwabuoku diverted public funds when he served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021.

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