Anamekwe Nwabuoku, the former acting Accountant-General of the Federation, has entered a plea bargain with the Economic and Financial Crimes Commission (EFCC) over an alleged N1.6 billion fraud.
During a hearing on Monday, EFCC lawyer Ogechi Ujam informed Justice James Omotosho at the Federal High Court in Abuja that Nwabuoku and his co-accused, Felix Nweke, had submitted a settlement proposal.
Ujam explained that both sides had agreed on the plea deal, which was awaiting approval from EFCC Chairman, Ola Olukoyede.
Lawyers for Nwabuoku and Nweke, Isidal Udenko and Emeka Onyeaka, confirmed their clients’ decision to go for the plea bargain.
As a result, Justice Omotosho postponed the case to December 2, allowing time to finalise the agreement.
The EFCC had previously charged Nwabuoku and Nweke with 11 counts of money laundering, accusing them of being involved in fraudulent activities worth N1.6 billion.
These offences were allegedly committed while Nwabuoku was Director of Finance at the Ministry of Defence between 2019 and 2021.
Nwabuoku briefly served as acting Accountant-General in May 2022 but was removed in July after reports surfaced that he was under investigation for corruption.