The Economic and Financial Crimes Commission is set to arraign the President of Miyetti Allah Kautal Hore, Bello Bodejo, before the Federal High Court in Abuja over alleged terrorism financing and money laundering offences involving about $2.53 million.
The anti-graft agency filed a 12-count charge against Bodejo on June 22, 2026, accusing him of receiving and possessing large sums of foreign currency allegedly linked to proceeds of unlawful activities, in violation of provisions of the Money Laundering (Prohibition) Act, 2011 and the Money Laundering (Prevention and Prohibition) Act, 2022.
A statement on Wednesday by the EFCC’s spokesman, Dele Oyewale, said Bodejo, who is expected to take his plea before the court in the coming days, was accused of accepting multiple cash payments from a former Accountant-General of Bauchi State, Sa’idu Abubakar, without routing the transactions through any financial institution as required by law.
According to the charge, one of the counts alleged that Bodejo, on January 11, 2022, in Abuja, knowingly accepted $100,000 in cash from Abubakar, an amount said to have exceeded the statutory threshold for cash transactions.
The charge read in part, “That you, BELLO ABDULLAHI BODEJO, on or about the 11th day of January 2022, at Abuja, within the jurisdiction of this Honourable Court, did knowingly and willfully, without lawful authority or excuse, accept a payment of the sum of One Hundred Thousand United States Dollars (USD $100,000) in physical currency from one SA’IDU ABUBAKAR… without routing the said transaction through a financial institution as required by law.”
In another count, the EFCC alleged that Bodejo received $200,000 in physical cash from the same source on January 21, 2022, also in contravention of money laundering laws.
