The Economic and Financial Crimes Commission is set to arraign the President of Miyetti Allah Kautal Hore, Bello Abdullahi 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 a statement on Wednesday, the EFCC spokesperson, Dele Oyewale, said Bodejo is expected to take his plea before the court once a date is fixed.
According to the commission, the charges were brought under provisions of the Money Laundering (Prohibition) Act, 2011, as amended, and the Money Laundering (Prevention and Prohibition) Act, 2022.
The EFCC alleged that Bodejo accepted several cash payments from a former Accountant-General of Bauchi State, Sa’idu Abubakar, without routing the transactions through any financial institution, contrary to the requirements of the law.
One of the counts alleged that Bodejo, on or about January 11, 2022, in Abuja, knowingly and willfully accepted $100,000 in physical currency from Abubakar without lawful authority or excuse.
The commission said the amount exceeded the statutory threshold for cash transactions and was not routed through a financial institution.
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 without passing the transaction through a financial institution.
The commission further alleged that on March 20, 2024, Bodejo accepted another $500,000 in cash from Abubakar.
Another count accused him of receiving $980,000 in physical currency on February 7, 2024.
Count four of the charge stated: “That you, Bello Abdullahi Bodejo, on or about the 7th day of February 2024, at Abuja, within the jurisdiction of this Honourable Court, did knowingly and willfully, without lawful authority or excuse, accept a cash payment of the sum of Nine Hundred and Eighty Thousand United States Dollars (USD $980,000.00) in physical currency from one Sa’idu Abubakar… without routing the said transaction through a financial institution as required by law.”
The EFCC also accused Bodejo of taking possession of funds suspected to be proceeds of unlawful activity.
In count 10, the commission alleged that Bodejo took possession of $980,000 in Abuja on or about February 7, 2024, in circumstances where he knew or reasonably ought to have known that the money formed part of proceeds of unlawful activity.
The commission said the alleged offences are punishable under relevant sections of the Money Laundering (Prohibition) Act, 2011, and the Money Laundering (Prevention and Prohibition) Act, 2022.
Bodejo is expected to be arraigned before the Federal High Court in Abuja after the matter is assigned and a date fixed for his plea.
