The Economic and Financial Crimes Commission (EFCC) is set to arraign Bello Bodejo, President of Miyetti Allah Kautal Hore, before the Federal High Court in Abuja over alleged terrorism financing and money laundering involving about $2.53 million.
According to the anti-graft agency, Bodejo is facing a 12-count charge filed on June 22, 2026, over claims that he received large sums of foreign currency linked to unlawful activities and handled the transactions outside the banking system.
The EFCC said the charges centre on several cash payments allegedly made to Bodejo by a former Accountant-General of Bauchi State, Sa’idu Abubakar. Prosecutors claim the transactions, which involved hundreds of thousands of dollars in physical cash, were not routed through any financial institution as required under Nigerian money laundering laws.
Among the allegations is that Bodejo accepted $100,000 in cash in January 2022, followed by another $200,000 later that same month. He is also accused of receiving $980,000 in February 2024 and an additional $500,000 in March 2024.
The commission further alleged that some of the funds in Bodejo’s possession were proceeds of unlawful activity, arguing that he either knew or should have reasonably known the source of the money.
The EFCC said the alleged offences are punishable under both the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
Bodejo is expected to take his plea before the court once a date for arraignment is fixed.
