What happened
Nigeria's Economic and Financial Crimes Commission (EFCC) said on 13 November 2026 that the Abuja Division of the Court of Appeal dismissed the appeal of Chukwunyere Anamekwe Nwabuoku, a former Acting Accountant-General of the Federation, against his conviction and 72-year prison sentence for laundering N868,465,000. In a lead judgment delivered on 13 November by Justice Ele-Ojo Enenche for a three-member panel, the court resolved all four issues against him, holding that his statements were made voluntarily, that the trial court properly evaluated the evidence, that the EFCC proved all nine money-laundering counts beyond reasonable doubt, and that the EFCC had the statutory power to prosecute. Justice James Omotosho of the Federal High Court, Abuja, convicted and sentenced Nwabuoku on 23 March 2026. The EFCC said the funds were public money meant for national security and the fight against insurgents. His earlier bail application on health grounds was dismissed.
How the scam works
A charge, an arraignment, a witness's testimony or a prosecutor's accusation is not a finding of guilt. People and companies named in these reports are accused, charged or, where the source says so, convicted or sentenced, and they are presumed innocent unless and until a court finds otherwise. Do not treat a news report or a press release as a substitute for a court judgment. If you think you were affected by the same kind of scheme, keep records and report them to the investigating agency named in the source, or to your local police and your bank.
Source
Source: https://x.com/officialEFCC/status/2121314674654265428 (@officialEFCC, Nov 13, 2026, 1:50 PM ET); https://x.com/officialEFCC/status/2121314674654265428 (EFCC official statement on X, 13 Nov 2026)
