Former AGF Admits Defence Fund Diverts

Former acting Accountant, General of the Federation, Chukwunyere Anamekwe Nwabuoku, has confessed in a dramatic shift before a Federal High Court in Abuja that he authorized massive fund transfers from the Ministry of Defence to private firms. This admission directly contradicts his earlier testimony where he denied any knowledge of the companies involved in the alleged laundering of over ₦868 million.

Facing trial before Justice James Omotosho, Nwabuoku acknowledged under cross‑examination by prosecution counsel Ekele Iheanacho that he facilitated these payments while serving as the Director of Finance at the Ministry of Defence. He claimed these transfers were made for “classified purposes” related to security operations that could not be openly disclosed.

The private firms mentioned in the scandal are Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge, and Arafura Transnational Afro Limited. Prosecutors countered this explanation by arguing that no documentation exists to prove these funds were actually used for legitimate security transactions, labeling the transfers as a broader scheme of financial impropriety.

Adding to the complexity of the case, Nwabuoku initially claimed he bought his current residence from legitimate personal earnings. However, he was forced to admit that a cheque for ₦64 million issued by Mdavi Limited was paid to City Gate Homes specifically for the property’s acquisition.

The Economic and Financial Crimes Commission (EFCC) is prosecuting Nwabuoku on an amended nine‑count charge of money laundering. The agency contends these public funds were unlawfully diverted through private entities. Justice Omotosho has adjourned the case until February 27, 2026, for the adoption of final written addresses from both legal teams.