By Daily Review Online
The Economic and Financial Crimes Commission (EFCC) 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, contrary to the provisions of the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
In a statement issued on Wednesday, EFCC spokesperson Dele Oyewale said Bodejo is expected to take his plea before the court once a date is fixed for his arraignment.
According to the charge, Bodejo allegedly received 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.
One of the counts alleges that on January 11, 2022, Bodejo knowingly accepted $100,000 in cash from Abubakar in Abuja, exceeding the statutory threshold for cash transactions.
The charge partly reads: “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 wilfully, 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.”
The EFCC further alleged that Bodejo received another $200,000 in cash from the same source on January 21, 2022.
Other counts accuse him of accepting $980,000 in physical cash on February 7, 2024, and an additional $500,000 on March 20, 2024, both allegedly outside the regulated banking system.
Count four states that Bodejo “did knowingly and wilfully, without lawful authority or excuse, accept a cash payment of the sum of Nine Hundred and Eighty Thousand United States Dollars (USD $980,000) in physical currency” from Abubakar without routing the transaction through a financial institution.
Beyond the alleged unlawful cash transactions, the EFCC accused Bodejo of possessing funds suspected to be proceeds of unlawful activity.
According to count 10, he allegedly took possession of $980,000 in Abuja on or about February 7, 2024, under circumstances in which he knew or reasonably ought to have known that the money constituted proceeds of unlawful activity.
The Commission said the alleged offences are punishable under various provisions of the Money Laundering (Prohibition) Act, 2011 (as amended), and the Money Laundering (Prevention and Prohibition) Act, 2022.
Bodejo is expected to be arraigned before the Federal High Court in Abuja in the coming days.