The Economic and Financial Crimes Commission (EFCC) is set to arraign the President of Miyetti Allah Kautal Hore, Bello Bodejo, before the Federal High Court in Abuja over alleged terrorism financing and money laundering offences involving approximately $2.53 million.
According to a statement issued by EFCC spokesperson Dele Oyewale on Wednesday, the anti-graft agency filed a 12-count charge against Bodejo on June 22, 2026.
The commission accused Bodejo of receiving and possessing large sums of foreign currency suspected to be proceeds of unlawful activities, contrary to the provisions of the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
The charges allege that Bodejo accepted several cash payments from a former Accountant-General of Bauchi State, Sa’idu Abubakar, without processing the transactions through any financial institution as required by law.
One of the counts stated that Bodejo allegedly received $100,000 in cash from Abubakar in Abuja on January 11, 2022, while another count accused him of accepting $200,000 from the same source on January 21, 2022.
The EFCC further alleged that he received additional cash payments of $980,000 on February 7, 2024, and $500,000 on March 20, 2024, all outside the banking system and above the statutory limits permitted under Nigerian law.
In addition to the cash transaction allegations, the commission accused Bodejo of knowingly possessing funds suspected to be proceeds of unlawful activities.
According to the charge, Bodejo allegedly took possession of $980,000 in Abuja on February 7, 2024, under circumstances in which he knew, or reasonably ought to have known, that the funds were linked to unlawful activities.
The EFCC said the alleged offences are punishable under various provisions of the country’s money laundering laws.
Bodejo is expected to take his plea before the court once a date is fixed for his arraignment.
