Former Chief Accountant Pleads for Time to Return Embezzled Funds – Landslide News
  • Latest
  • Trending
  • All
  • Business
  • Politics
  • Global
  • Lifestyle
  • Tech

Former Chief Accountant Pleads for Time to Return Embezzled Funds

July 11, 2024

APC Tackles Atiku Over First-Name Reference to Tinubu

October 13, 2026

Olalere Gives N10m to Tinubu Support Group in Ondo

October 13, 2026

2027: APC Promises to Respect Atiku Despite Tension With Tinubu

October 13, 2026

Tinubu’s 2027 Campaign Council: Wike, Adeleke, Soludo, Others Get Roles

October 13, 2026

Police Release Rochas Okorocha After Interrogation in Abuja

October 13, 2026

Court Strikes Out Charges Against Alleged Fake Agency DG

October 12, 2026

NLC, NUT Warn Wike Against Punishing Striking FCT Teachers

October 12, 2026

Seyi Makinde’s Chief of Staff, Segun Ogunwuyi, Resigns

October 12, 2026

Ebonyi 2027: Odii Rules Out Stepping Down For Nwifuru

October 12, 2026

Ogunwuyi Quits As Makinde’s Chief Of Staff

October 12, 2026

APC Governors Push To Cut Tinubu’s Campaign Stops

October 12, 2026

Edo APC Chairman Faces Scrutiny Over AK-47 Election Threat

October 12, 2026
Landslide News
  • Home
  • Breaking News
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Advertise
Create a Channel
No Result
View All Result
Landslide News
  • Home
  • News Insights @ LandslideNews
  • Breaking News
  • Politics
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Sports
  • Tech
  • Advertise

Former Chief Accountant Pleads for Time to Return Embezzled Funds

byGrace Amos
July 11, 2024
in Politics
0

Anamekwe Nwabuoku, a former acting Accountant-General of the Federation, begged Justice James Omotoso of the Federal High Court in Abuja on Wednesday to grant him further time to complete the reimbursement of the public funds that he and his co-defendant are accused of embezzling.

Nwabuoku and Felix Nweke, his co-defendant, are accused of 11 counts of money laundering totaling N1.6 billion. The Economic and Financial Crimes Commission is pursuing legal action against them.

The defendants were charged with committing the act between 2019 and 2021 when Nwabuoku was the Ministry of Defence’s Director of Finance and Accounts. 

Nweke is the second defendant in the charge with the file number FHC/ABJ/CR/240/24, dated May 20, submitted by Ekele Iheanacho, the EFCC’s attorney, whilst Nwabuoku is the first defendant.

On May 20, 2022, acting AGoF Nwabuoku was appointed by former President Muhammadu Buhari following Ahmed Idris’ suspension as AGF due to a purported N80 billion scam. But a few weeks after taking office in July 2022, he was dismissed. 

The defendants asked the court to postpone their arraignment so they could finalize the reimbursement when the case was called on Wednesday.

Emeka Onyeaka, Nweke’s attorney, told the judge of a recent development in the case. He informed the judge that his client had made efforts to settle.

According to the attorney, Nweke has returned a significant amount of the money that the anti-graft agency has linked to him. 

“The second defendant has taken steps, as there is a communication to the commission via-a-vs the alleged offenses on making a refund. The commission is in receipt of the money and promised to communicate to us,” he said.

The defense counsel said upon being served with the charge, “We communicated with the commission and we were asked to tarry for their administrative procedure.”

He claimed that if his client was arraigned, it would have an impact on the trial because a significant amount had been reimbursed. To allow them to complete the administrative process, he begged the court for an adjournment.

Nwabuoku’s representative, Maduakolam Igwe, supported Onyeaka’s surrender.

According to Igwe, his client followed the same procedures and received a sizable reimbursement.

“We have written to the commission on this. The first defendant has also made some refunds.

“May I adopt the submission of my learner friend to tidy up the administrative procedure,” he corroborated.

Ogechi Ujam, the EFCC’s attorney, responded by acknowledging that the commission had received a proposal letter, but she also stated that “no negotiation has been made, no settlement has been done, and no agreement has been reached by parties.” 

Grace Amos

Grace Amos

Related Posts

APC Tackles Atiku Over First-Name Reference to Tinubu

byBilkisu Kasim
2 days ago
0

The All Progressives Congress Presidential Campaign Council has faulted former Vice-President Atiku Abubakar over his continued use of President Bola...

Olalere Gives N10m to Tinubu Support Group in Ondo

byBilkisu Kasim
2 days ago
0

  A businessman and oil industry professional, Dr Olorunobi Olalere, has disbursed N10m to 10 political supporters in Ondo State,...

Tinubu’s 2027 Campaign Council: Wike, Adeleke, Soludo, Others Get Roles

byMmekili Isichei-Okafor
2 days ago
0

The All Progressives Congress (APC) has released a revised list of its Presidential Campaign Council ahead of the 2027 general...

Police Release Rochas Okorocha After Interrogation in Abuja

byMmekili Isichei-Okafor
2 days ago
0

Former Imo State Governor Rochas Okorocha has been arrested and subsequently released on bail by the Nigeria Police Force after...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.