{"id":127939,"date":"2026-06-25T19:55:50","date_gmt":"2026-06-25T18:55:50","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=127939"},"modified":"2026-06-25T19:55:50","modified_gmt":"2026-06-25T18:55:50","slug":"efcc-files-12-charges-against-bodejo-over-alleged-2-53m-illegal-cash-transactions","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/efcc-files-12-charges-against-bodejo-over-alleged-2-53m-illegal-cash-transactions\/","title":{"rendered":"EFCC Files 12 Charges Against Bodejo Over Alleged $2.53m Illegal Cash Transactions"},"content":{"rendered":"
By Lizzy Chirkpi<\/strong><\/div>\n
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The Economic and Financial Crimes Commission (EFCC) has filed a 12-count charge against Bello Abdullahi Bodejo before a Federal High Court in Abuja, accusing him of alleged terrorism financing and money laundering involving a total of $2.53 million.<\/p>\n

The charges, according to a statement issued on Thursday by the EFCC’s Head of Media and Publicity, Dele Oyewale, were filed on June 22, 2026.<\/p>\n

The anti-graft agency alleged that Bodejo received and possessed substantial sums of foreign currency suspected to be proceeds of unlawful activities, in contravention of provisions of the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.<\/p>\n

According to the Commission, Bodejo is expected to be arraigned before the court in the coming days to enter his plea as prosecution proceedings commence.<\/p>\n

Court documents cited by the EFCC allege that Bodejo accepted $100,000 in cash on January 11, 2022, from a former Accountant-General of Bauchi State, Sa’idu Abubakar, without processing the transaction through a financial institution as required by law.<\/p>\n

The Commission further alleged that he received an additional $200,000 in cash from the same source on January 21, 2022, also outside the formal banking system and contrary to statutory regulations governing cash transactions.<\/p>\n

In another count, the EFCC accused Bodejo of receiving $980,000 in cash from Abubakar in Abuja on February 7, 2024, without routing the funds through a financial institution, contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.<\/p>\n

The charge sheet also alleged that he accepted a further $500,000 in cash on March 20, 2024, exceeding the legal threshold permitted for cash transactions under Nigerian law.<\/p>\n

“The defendant accepted cash payments above the threshold permitted by law without passing through a financial institution,” the EFCC alleged in the charge documents.<\/p>\n

The Commission said further proceedings would continue once the court fixes a date for Bodejo’s arraignment.<\/p>\n

The charges are allegations by the EFCC and have not been tested in court. Bodejo is presumed innocent unless and until proven guilty by a court of competent jurisdiction.<\/p>\n

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