The Economic and Financial Crimes Commission (EFCC) has filed a 12-count charge against Bello Abdullahi Bodejo before a Federal High Court in Abuja over allegations of terrorism financing and money laundering involving a total sum of $2.53 million.
According to an official signed statement by the Head of Media and Publicity of the EFCC, Dele Oyewale, the charges were filed on June 22, 2026, accusing Bodejo of receiving and possessing large sums of foreign currency allegedly linked to proceeds of unlawful activities in violation of the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
The anti-graft agency disclosed that Bodejo is expected to be arraigned before the court in the coming days to enter his plea as formal prosecution proceedings commence.
According to the charge sheet, the EFCC alleged that on January 11, 2022, Bodejo accepted $100,000 in cash from a former Accountant-General of Bauchi State, Sa’idu Abubakar, without routing the transaction through a financial institution as required by law. The Commission stated that the amount exceeded the statutory threshold for cash transactions under the Money Laundering (Prohibition) Act, 2011.
The Commission further alleged that on January 21, 2022, Bodejo received an additional $200,000 in physical cash from the same source under similar circumstances, also in contravention of the provisions of the law.
Court documents also indicate that Bodejo allegedly received $500,000 in cash on March 20, 2024, an amount the EFCC said exceeded the permissible cash transaction threshold under the Money Laundering (Prevention and Prohibition) Act, 2022.
In another count, the Commission alleged that on February 7, 2024, Bodejo accepted $980,000 in physical cash from Sa’idu Abubakar in Abuja without processing the transaction through a financial institution, contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.
The EFCC further alleged that Bodejo knowingly took possession of the $980,000 under circumstances in which he either knew or ought reasonably to have known that the funds represented proceeds of unlawful activities, including money laundering.
The Commission stated that the offences are punishable under various provisions of the Money Laundering (Prohibition) Act, 2011 (as amended), and the Money Laundering (Prevention and Prohibition) Act, 2022.
The EFCC noted that further proceedings would follow once the court fixes a date for Bodejo’s arraignment.
The allegations remain charges before the court, and the defendant is presumed innocent unless and until proven guilty by a court of competent jurisdiction.
