The Economic and Financial Crimes Commission (EFCC) is set to arraign Bello Abdullahi Bodejo before a Federal High Court sitting in Abuja, over alleged terrorism financing and money laundering offences involving about $2.53 million.
The anti-graft agency filed a 12-count charge against Bodejo on Monday, June 22, 2026, accusing him of receiving and possessing large sums of foreign currency allegedly linked to proceeds of unlawful activities.
The charges were filed under relevant provisions of the Money Laundering (Prevention and Prohibition) Act, 2011 (as amended) and the Money Laundering (Prevention and Prohibition) Act, 2022.
According to the EFCC, Bodejo allegedly received several cash payments in United States dollars from Sa’idu Abubakar, a former Accountant-General of Bauchi State who is currently in the custody of the Nigeria Police Force.
One of the counts alleged that on January 11, 2022, Bodejo accepted $100,000 in physical cash in Abuja, an amount said to have exceeded the statutory cash transaction threshold without passing through a financial institution as required by law.
Another count alleged that he received an additional $200,000 cash payment on January 21, 2022, under similar circumstances.
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The commission further alleged that on March 20, 2024, Bodejo received $500,000 in cash, while another count accused him of accepting $980,000 on February 7, 2024.
The EFCC alleged that the funds were received in circumstances where Bodejo either knew or ought reasonably to have known they were proceeds of unlawful activity.
The charges also include allegations bordering on terrorism financing, with the commission accusing the defendant of offences punishable under Nigeria’s anti-money laundering laws.
Bodejo, who has been linked to Bauchi State Governor Bala Mohammed, is expected to take his plea before the court as proceedings formally commence.
The EFCC said further developments would follow after the court fixes a date for arraignment.
