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Ex-Accountant General Begs For Time To Refund Looted Funds

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Ex-Accountant General Begs For Time To Refund Looted Funds

A former Accountant-General of the Federation (AGF), Anamekwe Nwabuoku, on Wednesday, begged the Federal High Court, Abuja to give him more time to conclude the refund of stolen funds.

Recall that the Economic and Financial Crimes Commission (EFCC) arraigned Nwabuoku alongside a former deputy director in the Ministry of Defence, Felix Nweke on an 11-count charge of money laundering.

The defendants were accused of committing to the act while Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021.

While Nwabuoku is the first defendant, Nweke is the second defendant in the charge marked FHC/ABJ/CR/240/24 dated May 20 and filed on May 27 by EFCC counsel, Ekele Iheanacho.

Nwabuoku was appointed acting AGoF on May 20, 2022, under ex-President Muhammadu Buhari after Ahmed Idris was suspended as AGF over alleged N80bn fraud.

He was, however, removed in July 2022, a few weeks after assuming office.

When the matter was called on Wednesday, Punch Newspaper reports that the defendants prayed the court to halt their arraignment until another date to perfect the refund.

Nweke’s lawyer, Emeka Onyeaka, informed the court that there was a new development in the case, adding that his client had taken steps towards settling the matter.

The lawyer further said that Nweke had made substantial refunds of the money traced to him by the anti-graft agency.

“The second defendant has taken steps, as there is a communication to the commission via-a-vs the alleged offences on making a refund.

“The commission is in receipt of the money and promised to communicate to us,” he said.

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

Responding, counsel who appeared for the EFCC, Ogechi Ujam, acknowledged that though the commission was in receipt of a proposal letter, she said, “No negotiation has been made, no settlement has been done and no agreement has been reached by parties.

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