The Economic and Financial Crimes Commission (EFCC) has filed a 12-count charge against Bello Abdullahi Bodejo before the Federal High Court in Abuja over allegations of terrorism financing and money laundering involving a total of $2.53 million.
Court documents filed by the anti-graft agency on June 22, 2026, accuse Bodejo of receiving and possessing large sums of foreign currency allegedly linked to proceeds of unlawful activities in violation of Nigeria’s anti-money laundering laws.
The defendant, who has been linked to Bauchi State Governor Bala Mohammed, is expected to be arraigned before the court in the coming days to enter his plea.
According to the charge, Bodejo allegedly received multiple 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.
The EFCC alleges that the transactions were conducted in physical cash and exceeded the statutory threshold for cash transactions without being processed through a financial institution as required by law.
One of the counts alleges that on January 11, 2022, Bodejo accepted $100,000 in cash from Abubakar, while another count claims he received an additional $200,000 on January 21, 2022.
The Commission further alleged that he received $500,000 in cash on March 20, 2024, and another $980,000 on February 7, 2024, among other transactions listed in the charge.
Prosecutors contend that the funds exceeded the legal cash transaction limits stipulated under the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
In one of the charges, the EFCC also alleged that Bodejo knowingly possessed $980,000 under circumstances suggesting that the funds were proceeds of unlawful activity, an offence the Commission said amounts to money laundering under the 2022 Act.
The anti-graft agency maintains that the alleged offences contravene various provisions of Nigeria’s anti-money laundering legislation and are punishable under the relevant laws.
The case is expected to proceed once the Federal High Court fixes a date for the defendant’s arraignment.
