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Court of Appeal Rejects Bail Bid of Ex-Acting AGF Nwabuoku in N868m Money Laundering Case

A three-member panel of the Abuja Division of the Court of Appeal has refused to release former Acting Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, on bail pending the hearing of his appeal against a 72-year jail term for laundering N868.47 million.

In a ruling delivered by Justice Adebukola Banjoko, the appellate court held that Nwabuoku’s application, which was predicated on alleged deteriorating health, lacked merit and was accordingly dismissed.

Nwabuoku, who was convicted and sentenced by Justice James Omotosho of the Federal High Court, Abuja, on March 23, 2026, had argued that his medical condition required treatment beyond the facilities available to inmates at the University of Abuja Teaching Hospital.

Opposing the request, the Economic and Financial Crimes Commission (EFCC) maintained that no medical evidence showed that the former AGF could not continue receiving adequate treatment while in custody.

The anti-graft agency further contended that releasing him on bail would erode public confidence in the administration of criminal justice and the nation’s anti-corruption campaign.

The appellate court agreed with the prosecution’s position, leaving Nwabuoku to remain in custody as his appeal against the conviction proceeds.

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Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

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