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Ex-AGF Anamekwe Nwabuoku’s Trial: Witnesses Reveal How Public Funds Were Diverted Through Multiple Bank Accounts

At the ongoing trial of former Acting Accountant General of the Federation (AGF), Chukwunyere Anamekwe Nwabuoku, a witness has detailed how the ex-AGF allegedly used multiple bank accounts to divert public funds....CONTINUE READING>>>
Nwabuoku is facing a nine-count amended charge brought by the Economic and Financial Crimes Commission (EFCC) over alleged money laundering amounting to ₦868,465,000.
During Friday’s court proceedings before Justice James Omotosho of the Federal High Court, Abuja, the EFCC’s first witness (PW1), Eucharia Ezeobi, a staff member of Zenith Bank, testified that she opened four company accounts linked to contractors with the Federal Ministry of Defence. The companies named were Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge Limited, and Arafura Transnational Afro Limited.
Ezeobi revealed that substantial withdrawals from these accounts were made in cash, and the defendant, Nwabuoku, was a beneficiary of the transactions. The EFCC’s counsel, Senior Advocate of Nigeria (SAN) Ekene Iheanacho, submitted the account opening documents as evidence, which the court admitted as Exhibits PWB.
The second witness (PW2), Felix Nweke, a director at the Office of the Accountant General of the Federation, testified that he previously served as the Deputy Director of Finance at the Ministry of Defence between 2018 and 2020. He stated that under Nwabuoku’s directives, he facilitated financial transactions, including opening company accounts to access funds.
Nweke recounted that he contacted Gideon Joseph, a resource person at the ministry, and followed instructions from his superior to open accounts at Zenith Bank. He explained that he would receive directives to transfer funds or raise payments, which he complied with.
During cross-examination, Nweke clarified that the ministry’s funding comes from the Appropriation Bill signed by the President. He also admitted that while Nwabuoku was not an approving officer, he played a key role in conveying approvals for the release of funds.
The case continues as more revelations unfold regarding the alleged financial mismanagement under the former Acting AGF.