The Economic and Financial Crimes Commission (EFCC) has formally brought a 12-count indictment against Bello Abdullahi Bodejo. Filed at the Federal High Court in Abuja, the charges center on allegations of terrorism financing and money laundering amounting to $2.53 million.
Legal records submitted on June 22, 2026, claim that Bodejo held significant amounts of foreign currency tied to illicit activities. These actions reportedly breach both the Money Laundering (Prohibition) Act of 2011 and the 2022 Money Laundering (Prevention and Prohibition) Act. The EFCC noted that Bodejo, who shares ties with Bauchi State Governor Bala Mohammed, will soon face arraignment to answer these claims.
Specific counts detail cash transactions involving Sa’idu Abubakar, the former Accountant-General of Bauchi State. For instance, the EFCC asserts that Bodejo accepted $100,000 in January 2022, followed by a $200,000 payment later that month. Further accusations involve transactions of $500,000 in March 2024 and $980,000 in February 2024. Prosecutors argue these transfers bypassed mandatory financial institution protocols required by law.
The agency also charges Bodejo with the possession of funds he knew or should have known were proceeds of criminal conduct. While the EFCC moves to set an arraignment date, it is important to note that these allegations are not yet proven, and Bodejo remains innocent until a court decides otherwise.