The Economic and Financial Crimes Commission (EFCC) has filed charges against the President of Miyetti Allah Kautal Hore, Bello Bodejo, over alleged terrorism financing and money laundering offences involving approximately $2.53 million.
According to court documents submitted before the Federal High Court in Abuja, the anti-corruption agency accused Bodejo of receiving and possessing large amounts of foreign currency allegedly connected to unlawful activities, contrary to Nigeria’s money laundering laws.
The charges, filed on June 22, 2026, contain 12 counts and allege that Bodejo accepted several cash payments from a former Bauchi State Accountant-General, Sa’idu Abubakar, without processing the transactions through recognized financial institutions as required by law.
One of the charges claims that Bodejo received $100,000 in cash in Abuja in January 2022, while another alleges that he accepted an additional $200,000 from the same source later that month. Prosecutors argue that the transactions exceeded the legal cash transaction limits and were conducted outside the banking system.
The EFCC further alleged that Bodejo received additional cash payments amounting to hundreds of thousands of dollars in separate transactions during 2024, including an alleged payment of $980,000 and another valued at $500,000.
Beyond the alleged cash transactions, the commission also accused him of possessing funds suspected to be proceeds of unlawful activities. Prosecutors contend that he knowingly held large sums of money under circumstances that should have raised concerns about the origin of the funds.
The anti-graft agency stated that the alleged offences violate provisions of both the Money Laundering (Prohibition) Act and the Money Laundering (Prevention and Prohibition) Act.
Bodejo is expected to appear before the Federal High Court in Abuja to enter his plea once the court schedules the arraignment date. The case is expected to draw significant attention as legal proceedings commence.
