Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Retired Judge Hails Olanipekun as ‘A Legal Institution’ at Golden Jubilee of Call to Bar

    July 28, 2026

    D1 Course One 20th Anniversary: Olukoyede Assures Staff of Enhanced Welfare and Career Progression

    July 28, 2026

    ZENITH BANK NAMED AFRICA’S BEST BANK & NIGERIA’S BEST BANK AT THE 2026 EUROMONEY AWARDS FOR EXCELLENCE

    July 24, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    ToriTimes Global
    SUBSCRIBE
    • Crime & Justice
    • Entertainment
    • Celebrities
    • National
    • Business
    ToriTimes Global
    Home»EFCC»Nwabuoku’s ₦868.465m Fraud: Appeal Court Dismisses Bail Application for Lack of Merit
    EFCC

    Nwabuoku’s ₦868.465m Fraud: Appeal Court Dismisses Bail Application for Lack of Merit

    Staff EditorBy Staff EditorJuly 10, 2026No Comments3 Mins Read
    Share
    Facebook Twitter Reddit Telegram Pinterest Email

    A three-member panel of the Court of Appeal, Abuja Division, on Friday, July 10, 2026, dismissed the bail application filed by the convicted former Acting Accountant-General of the Federation (AGF), Chukwunyere Anamekwe Nwabuoku, for lack of merit.

    Justice James Omotosho of the Federal High Court, Maitama, Abuja, had on Monday, March 23, 2026, convicted and sentenced Nwabuoku to 72 years’ imprisonment at the Kuje Medium Security Custodial Centre, Abuja, for laundering ₦868,465,000 (Eight Hundred and Sixty-Eight Million, Four Hundred and Sixty-Five Thousand Naira). He subsequently appealed the judgment and sought to be admitted to bail on health grounds pending the determination of the appeal.

    Consequently, on May 8, 2026, Nwabuoku, through his lawyer, N. I. Quakers, SAN, filed an application for bail on the ground of his alleged ill health, which he claimed had deteriorated, necessitating medical attention beyond what the University of Abuja Teaching Hospital, designated to provide medical care for inmates of the Kuje Medium Security Custodial Centre, could offer.

    In the application, Nwabuoku stated that he was a responsible citizen who had served as the Acting Accountant-General of the Federation and that he had credible sureties who could stand for his bail.

    Counsel to the EFCC, Ekele Iheanacho, SAN, in response, filed a counter-affidavit on May 25, 2026, arguing that the offences for which the appellant was convicted were serious in nature, having involved massive corruption that hindered the government’s efforts to combat the pervasive insecurity facing the country.

    The EFCC further argued that there was no medical evidence before the court to show that the appellant could not continue receiving treatment, including surgery, at the University of Abuja Teaching Hospital while serving his sentence. According to the prosecution, the fact that the appellant had been transferred between the Kuje Medium Security Custodial Centre and the University of Abuja Teaching Hospital for medical evaluation demonstrated that the Nigerian Correctional Service had been responsive to his medical needs and had not denied him access to medical care.

    The EFCC also argued that granting the appellant bail pending the determination of his appeal would undermine public confidence in the administration of criminal justice.

    “Granting bail to the Appellant/Applicant in the circumstances of this case would send a wrong signal to the public and undermine confidence in the fight against corruption, money laundering and the misuse of public funds earmarked for national security,” the prosecution submitted.

    Delivering the ruling, Justice Adebukola Banjoko, who read the decision of the panel, held that the application lacked merit and accordingly dismissed it.

    Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email
    Previous ArticleInsecurity: Senate Approves ₦403.1bn Police Trust Fund Budgets For 2025, 2026
    Next Article BREAKING: Abducted Oyo Pupils, Teachers Regain Freedom – Presidency
    Staff Editor
    • Website

    Related Posts

    Retired Judge Hails Olanipekun as ‘A Legal Institution’ at Golden Jubilee of Call to Bar

    July 28, 2026

    D1 Course One 20th Anniversary: Olukoyede Assures Staff of Enhanced Welfare and Career Progression

    July 28, 2026

    WASPAN Appeals Court Ruling, Seeks to Nullify FCCPC’s DEON Consumer Lending Regulations

    July 22, 2026

    Appeal Court Affirms Forfeiture of Retired Major General Atewe’s Assets to FG, Dismisses Appeal

    July 22, 2026

    Olukoyede at NACIWA Leadership Conference: Integrity Key to Sustainable Development

    July 22, 2026

    Alleged ₦15.6bn Fraud: First Prosecution Witness Testifies Against Ayeni

    July 20, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Demo
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Retired Judge Hails Olanipekun as ‘A Legal Institution’ at Golden Jubilee of Call to Bar

    By Staff EditorJuly 28, 2026

    A retired High Court judge, Hon. Justice (Prof.) Alaba Omolaye-Ajileye, has paid glowing tribute to…

    D1 Course One 20th Anniversary: Olukoyede Assures Staff of Enhanced Welfare and Career Progression

    July 28, 2026

    ZENITH BANK NAMED AFRICA’S BEST BANK & NIGERIA’S BEST BANK AT THE 2026 EUROMONEY AWARDS FOR EXCELLENCE

    July 24, 2026

    BREAKING: LPPC Confers SAN Rank on 68 Lawyers, Sole Academic Makes 2026 List

    July 23, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Type above and press Enter to search. Press Esc to cancel.