By Bashir Adamu, Jalingo
The Economic and Financial Crimes Commission, EFCC, is set to arraign Bello Abdullahi Bodejo, who is linked to Bauchi State Governor Bala Mohammed. The alleged source of the funds is Sa’idu Abubakar, former Accountant-General of Bauchi State.
EFCC filed a 12-count charge against Bodejo bordering on terrorism financing and money laundering to the tune of $2.530 million. The charges allege he received and possessed large sums of foreign currency in physical cash without routing transactions through financial institutions, in violation of the Money Laundering (Prevention & Prohibition) Acts of 2011 and 2022. Counts include accepting $100,000 on Jan 11, 2022; $200,000 on Jan 21, 2022; $500,000 on March 20, 2024; and $980,000 on Feb 7, 2024, all said to exceed the statutory cash threshold of N5 million.
The EFCC filed the charges on Monday, June 22, 2026. Bodejo is expected to take his plea before the court in the coming days as formal proceedings commence.
The case will be heard before a Federal High Court sitting in Abuja, which has jurisdiction over the alleged offences.
According to the EFCC, the cash payments exceeded legal thresholds and were allegedly made under circumstances where Bodejo knew or reasonably ought to have known that the funds were proceeds of unlawful activity. The offences are punishable under various sections of the Money Laundering (Prohibition) Act 2011 as amended and the Money Laundering (Prevention and Prohibition) Act 2022.
Further proceedings are expected as the Commission awaits the arraignment date from the court.
