The Economic and Financial Crimes Commission (EFCC) has filed a 12-count charge against Bello Abdullahi Bodejo before a Federal High Court in Abuja, alleging terrorism financing and money laundering involving a total of $2.53 million.
According to court documents dated June 22, 2026, the anti-graft agency accused Bodejo of receiving and possessing large sums of foreign currency suspected to be proceeds of unlawful activities, contrary to the provisions of the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
The EFCC stated that Bodejo is expected to be arraigned before the Federal High Court in the coming days, where he will respond to the charges.
Among the allegations, the commission claimed that on January 11, 2022, Bodejo received $100,000 in cash from Sa’idu Abubakar, a former Accountant-General of Bauchi State who is currently in police custody, without processing the transaction through a financial institution as required by law.
The EFCC further alleged that he received an additional $200,000 in cash from the same individual on January 21, 2022, in a transaction that allegedly exceeded the legal cash transaction limit.
Prosecutors also accused Bodejo of accepting $500,000 in cash on March 20, 2024, and another $980,000 on February 7, 2024, both of which were allegedly received outside the banking system in violation of the country’s anti-money laundering laws.
In one of the charges, the commission alleged that Bodejo knowingly possessed the $980,000, claiming he either knew or ought to have known that the funds were proceeds of unlawful activities.
The EFCC maintained that the alleged offences are punishable under relevant provisions of the Money Laundering (Prohibition) Act, 2011, as amended, and the Money Laundering (Prevention and Prohibition) Act, 2022.
The commission said it would proceed with the prosecution once the court fixes a date for Bodejo’s arraignment.
The allegations remain claims by the EFCC, and Bello Abdullahi Bodejo is presumed innocent unless and until proven guilty by a court of competent jurisdiction.
