A former Acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku, on Tuesday admitted before the Federal High Court in Abuja that funds were released from the Ministry of Defence to four private companies for what he described as “classified purposes.”
The disclosure was highlighted in a statement issued by the Economic and Financial Crimes Commission (EFCC), which is prosecuting Nwabuoku over an alleged N868.4 million fraud.
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Nwabuoku admitted during testimony before Justice James Omotosho that the funds had been transferred while he served as Director of Finance at the Ministry of Defence, a statement he had earlier made to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on February 2, 2025. The admission contradicts his earlier testimony in court, in which he denied any dealings with the companies and said he only became aware of them when their names were mentioned.
The companies involved are Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge, and Arafura Transnational Afro Limited.
Under cross-examination by prosecution counsel Ekele Iheanacho, SAN, the defendant confirmed the details of his ICPC statement and reiterated that the funds were transferred for “classified security purposes,” which he said could not be disclosed. The prosecution argued that evidence before the court shows that the payments were not linked to lawful transactions, noting that no proof has been presented that the funds were used for security purposes.
The defendant also told the court that he personally purchased the property he resides in through legitimate earnings. However, he identified a cheque for N64 million issued by Mdavi Limited in favor of City Gate Homes for the acquisition of the property.
Nwabuoku is being prosecuted by the EFCC on an amended nine-count charge bordering on money laundering involving N868,465,000.
Justice Omotosho adjourned the case until February 27, 2026, for the adoption of written addresses.