
Ex-AGF Granted Bail In N1.96Bn Fraud Case
Ex-AGF Granted Bail In N1.96bn Fraud Case The Federal High Court in Abuja has granted former Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, bail in the sum of N500 million. The development comes as Nwabuoku faces charges of alleged N1.96 billion fraud. Justice James Omotosho, in his ruling, stipulated that Nwabuoku’s bail be secured with two sureties, each providing a guarantee of N500 million. The Economic and Financial Crimes Commission (EFCC) had re-arraigned Nwabuoku on an amended nine-count charge of money laundering and abuse of office. The charges, filed on November 27, 2024, accuse Nwabuoku of conspiring with four companies…