The Economic and Financial Crimes Commission (EFCC) is set to arraign Bello Abdullahi Bodejo before a Federal High Court in Abuja over a 12-count charge involving terrorism financing and money laundering to the tune of $2.530 million.
The EFCC spokesperson, Dele Oyewale, confirmed that the anti-graft agency filed the charges on Monday, June 22, 2026. The commission alleges that Bodejo received and possessed large sums of foreign currency linked to the proceeds of unlawful activities, in violation of the Money Laundering (Prevention & Prohibition) Act.
Bodejo, who is reportedly linked to Bauchi State Governor, Bala Mohammed, is expected to enter a plea in the coming days as formal proceedings commence.
According to the charge sheet, one of the counts alleges that on January 11, 2022, Bodejo “knowingly and wilfully” accepted $100,000 in physical currency from Sa’idu Abubakar, a former Accountant-General of Bauchi State currently in police custody. The transaction allegedly exceeded the statutory cash threshold of N5 million prescribed by law and was not routed through a financial institution.
A second count details a similar transaction on January 21, 2022, where Bodejo allegedly accepted $200,000 from the same source. Furthermore, the EFCC alleges that on March 20, 2024, the defendant received an additional $500,000 in physical cash, further breaching the Money Laundering (Prevention and Prohibition) Act, 2022.
“All the alleged offences are punishable under various provisions of the Money Laundering (Prohibition) Act, 2011 (as amended), and the Money Laundering (Prevention and Prohibition) Act, 2022,” Oyewale stated.
The court is expected to communicate a formal date for the arraignment as the commission prepares its witnesses.
