A Federal High Court in Abuja has ordered the permanent forfeiture of assets worth over N2.2 billion belonging to Chukwunyere Anamekwe Nwabuoku, a former Acting Accountant General of the Federation (AGF), to the Federal Government of Nigeria.
Justice James Omotosho issued the ruling on Wednesday, May 13, 2026, following Nwabuoku’s conviction on March 23, 2026, on all nine counts of money laundering and abuse of office.
The seized assets span three categories. The first covers cash and bank balances totalling N288.59 million held across multiple corporate accounts — including those of Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge Limited, and Arrafura Transnational Afro Ltd — as well as N220 million the convict had previously refunded into an EFCC recovery account at the Central Bank of Nigeria.
The second covers a five-bedroom duplex located at No. 20 City Gate Estate, Kukwaba, Abuja. The third and largest category consists of stock holdings across several securities firms, valued at approximately N1.94 billion as of March 29, 2026.
The Economic and Financial Crimes Commission (EFCC) had filed the forfeiture application on April 1, 2026, weeks after securing the conviction. In granting the order, Justice Omotosho ruled that all the listed assets were proceeds of unlawful activity, consistent with the findings of the earlier judgment.
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