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

Atiku Demands Answers From Tinubu, APC Over ₦10bn Ebola Fund

October 23, 2026

Udeh Establishes ATM Movement for Tinubu, Mbah’s 2027 Campaign

October 23, 2026

Momodu Tells Makinde: Presidency Is Not a High-Jump Contest

October 23, 2026

Adamawa APC Gains 21 LG Chairmen, 226 Councillors From PDP

October 23, 2026

Oborevwori Unveils ‘MORE Plus’ Campaign Slogan

October 23, 2026

Adeleke Inaugurates Tinubu Re-Election Council Amid Oyetola’s Absence

October 23, 2026

Obi-Kwankwaso Supporters Plan Massive Political March in Uyo

October 23, 2026

Oyetola, Oyebamiji Snub Tinubu Campaign Council

October 23, 2026

Adeyanju Predicts Tinubu’s 2027 Victory

October 23, 2026

Sowunmi Slams Atiku Over Poverty

October 23, 2026

Nollywood Legend, Francis Duru Dies at 57 After Brief Illness

October 23, 2026

IPOB, US Groups Demand Kanu’s Release Over Health Concerns

October 22, 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

Atiku Demands Answers From Tinubu, APC Over ₦10bn Ebola Fund

byMmekili Isichei-Okafor
17 hours ago
0

Former Vice-President Atiku Abubakar has demanded that President Bola Tinubu and the All Progressives Congress (APC) explain how the ₦10...

Udeh Establishes ATM Movement for Tinubu, Mbah’s 2027 Campaign

byCamela Obedu
17 hours ago
0

The Minister of Innovation, Science and Technology, Kingsley Tochukwu Udeh, has initiated a political support group aimed at mobilising grassroots...

Momodu Tells Makinde: Presidency Is Not a High-Jump Contest

byMmekili Isichei-Okafor
17 hours ago
0

Dele Momodu, a chieftain of the African Democratic Congress (ADC), has said that the presidency should not be judged by...

Adamawa APC Gains 21 LG Chairmen, 226 Councillors From PDP

byBilkisu Kasim
17 hours ago
0

The 21 local government chairmen and 226 councillors who recently left the Peoples Democratic Party for the All Progressives Congress...

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.