A former Acting Accountant-General of the Federation, Anamekwe Nacmeikhien Nwabuoku, is facing trial for alleged misappropriation of ₦1.96 billion. He recently appealed to the Federal High Court in Abuja for more time to negotiate a settlement with the Economic and Financial Crimes Commission (EFCC) ¹.
Nwabuoku, who is facing a nine-count charge, made the request after the EFCC's lawyer, Ekeke Iheanacho, informed the court that the prosecution was ready to proceed with five additional witnesses. The defendant's lawyer, Isidore Udenko, noted that the trial had commenced only after Nwabuoku's previous attempt to reach an agreement with the EFCC fell through.
The EFCC accused Nwabuoku of violating the Money Laundering Prohibition Act, 2011, for allegedly using four companies to divert public funds amounting to ₦1.96 billion ¹. His former co-defendant, Felix Nweke, testified against him, revealing that the stolen funds were deposited into bank accounts controlled by another individual.
The court has adjourned the case until March 13 for either a settlement report or continuation of the trial ¹.
tags:- *Ex-AGF Fraud Case*
- *₦1.96 Billion Fraud Charges*
- *EFCC Negotiations*
- *Nigerian Corruption Trial*
- *Accountant-General of the Federation Court Case* ¹
