Former acting Accountant-General of the Federation, Anamekwe Nwabuoku, and his co-defendant Felix Nweke, facing charges of money laundering amounting to N1.6bn, have requested more time from Justice James Omotoso of the Federal High Court in Abuja to complete the refund of the stolen public funds.
The duo is being prosecuted by the Economic and Financial Crimes Commission (EFCC) for their alleged involvement in the crime during Nwabuoku’s tenure as Director of Finance and Accounts in the Ministry of Defence from 2019 to 2021.
Nwabuoku and Nweke sought a postponement of their arraignment in court to finalize the refund process during a recent hearing. Nweke’s lawyer, Emeka Onyeaka, disclosed that his client had initiated steps towards resolving the matter and had made significant repayments to the EFCC. The defense counsel highlighted that negotiations were ongoing with the anti-graft agency, and they were awaiting further communication regarding the refund.
Similarly, Maduakolam Igwe, representing Nwabuoku, informed the court that his client had also taken measures to refund a substantial amount of the misappropriated funds. He echoed Onyeaka’s request for an adjournment to complete the administrative procedures related to the refunds.
In response, counsel for the EFCC, Ogechi Ujam, acknowledged the receipt of a proposal letter regarding the refund but clarified that no settlement or agreement had been reached between the parties yet.
DNews Info is a trusted source for breaking news, insightful commentary, and in-depth coverage of events across Nigeria and beyond. With a commitment to delivering accurate, timely, and engaging stories, we aim to keep our readers informed and empowered. Stay connected for the latest updates in politics, business, entertainment, and more.
Discover more from DnewsInfo
Subscribe to get the latest posts sent to your email.
