Spear News
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Breaking: President Tinubu Approves Sweeping Redeployment of Federal Permanent Secretaries

    BREAKING: Okpebholo Sacks Aigbodion Smart as Acting MD New Edo Line

    FG Faults Makinde Over N250bn NLNG Dividend Claim

    FG Faults Makinde Over N250bn NLNG Dividend Claim

    Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

    Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

    2027: Kaduna Targets Three Million Votes For Tinubu, Says Gov. Sani

    Uba Sani Disburses ₦2bn Compensation to 865 Affected Property Owners

    FG Disagrees With World Bank Over 124% Interest-to-Revenue Claim, Calls It Misleading

    FG Disagrees With World Bank Over 124% Interest-to-Revenue Claim, Calls It Misleading

    FG Bows to Pressure, Moves to Remove Universities From IPPIS

    FG Bows to Pressure, Moves to Remove Universities From IPPIS

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Chelsea Secure 2-0 Win at Everton

    Chelsea Secure 2-0 Win at Everton

    PSG Outscore Man City In Six-Goal Champions League Thriller

    PSG Outscore Man City In Six-Goal Champions League Thriller

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Villa Put Six Past Fenerbahce In Record Rout

    Villa Put Six Past Fenerbahce In Record Rout

    The Headies Reschedules 18th Awards Edition

    The Headies Reschedules 18th Awards Edition

    Ayra Starr Becomes First African Artiste to Headline NFL Halftime Show

    Ayra Starr Becomes First African Artiste to Headline NFL Halftime Show

  • Lifestyle
    • All
    • Food
    • Health
    • Travel
    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    Raimi Crowned Miss World Nigeria 2025

    Raimi Crowned Miss World Nigeria 2025

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Why I Date Younger Men – Amber Rose

    Why I Date Younger Men – Amber Rose

    Scientists Trace Origin of Water

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Breaking: President Tinubu Approves Sweeping Redeployment of Federal Permanent Secretaries

    BREAKING: Okpebholo Sacks Aigbodion Smart as Acting MD New Edo Line

    FG Faults Makinde Over N250bn NLNG Dividend Claim

    FG Faults Makinde Over N250bn NLNG Dividend Claim

    Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

    Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

    2027: Kaduna Targets Three Million Votes For Tinubu, Says Gov. Sani

    Uba Sani Disburses ₦2bn Compensation to 865 Affected Property Owners

    FG Disagrees With World Bank Over 124% Interest-to-Revenue Claim, Calls It Misleading

    FG Disagrees With World Bank Over 124% Interest-to-Revenue Claim, Calls It Misleading

    FG Bows to Pressure, Moves to Remove Universities From IPPIS

    FG Bows to Pressure, Moves to Remove Universities From IPPIS

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Chelsea Secure 2-0 Win at Everton

    Chelsea Secure 2-0 Win at Everton

    PSG Outscore Man City In Six-Goal Champions League Thriller

    PSG Outscore Man City In Six-Goal Champions League Thriller

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Villa Put Six Past Fenerbahce In Record Rout

    Villa Put Six Past Fenerbahce In Record Rout

    The Headies Reschedules 18th Awards Edition

    The Headies Reschedules 18th Awards Edition

    Ayra Starr Becomes First African Artiste to Headline NFL Halftime Show

    Ayra Starr Becomes First African Artiste to Headline NFL Halftime Show

  • Lifestyle
    • All
    • Food
    • Health
    • Travel
    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    Raimi Crowned Miss World Nigeria 2025

    Raimi Crowned Miss World Nigeria 2025

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Why I Date Younger Men – Amber Rose

    Why I Date Younger Men – Amber Rose

    Scientists Trace Origin of Water

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
Spear News
No Result
View All Result
Try out Batiwifi today Try out Batiwifi today Try out Batiwifi today
ADVERTISEMENT
Home Judiciary

Nwabuoku’s N868.4m Fraud: Appeal Court Dismisses Bail Application for Lack of Merit

spearnewsonline by spearnewsonline
July 10, 2026
in Judiciary
Court Sentences Ex-accountant-general Nwabuoku to 72 Years in Prison For N868m Fraud
Share on FacebookShare on Twitter

A three-man panel of the Justices of the Abuja Division of the Court of Appeal, on Friday, July 10, 2026 dismissed the bail application, filed by the convicted former Acting Accountant General of the Federation, AGF, Chukwunyere Anamekwe Nwabuoku for lack of merit.

Justice James Omotosho of the Federal High Court, Maitama, Abuja had on Monday, March 23, 2026 convicted and sentenced Nwabuoku to 72 years prison term in Kuje Medium Security Correctional Centre, Abuja, for money laundering to the tune of N868, 465,000 (Eight Hundred and Sixty-eight Million, Four Hundred and Sixty-five Thousand Naira). He, however, appealed the judgment and sought to be admitted to bail on health grounds, pending the determination of the appeal.

Consequently, Nwabuoku on May 8, 2026, through his lawyer, N.1 Quakers, SAN, filed an application for bail on the ground of his alleged ill health, which he claimed had deteriorated and necessitating medical attention beyond what the University of Abuja Teaching Hospital, designated for inmates of the Nigerian Medium Security Correctional Centre, Kuje Abuja can offer.

Nwabuoku in the application, stated that he was a responsible citizen who was the Acting Accountant General of the Federation and that he had credible sureties who could take him on bail.

Related ArticlesPosts

NDC Withdraws Recognition of Diaspora Chapters Over Court Judgment

BREAKING: Okpebholo Sacks Aigbodion Smart as Acting MD New Edo Line

Counsel to the EFCC, Ekele Iheanacho, SAN, in response, filed a counter-affidavit on May 25, 2026 arguing that the offences for which the appellant was convicted were serious in nature, having involved massive corruption that contributed in inhibiting the government from defeating the pervasive insecurity that is plaguing the country.

The EFCC counsel also noted that there was no medical evidence before the court to show that the appellant cannot continue to receive treatment, even surgery in University of Abuja Teaching Hospital while serving his sentence. According to the counsel, the fact that the appellant was confined in the Kuje Medium Security Custodial Center, Abuja and the University of Abuja Teaching Hospital for medical evaluation showed that the authorities of the Correctional Service are proactive to his medical needs and have so far not denied him medical attention.

The EFCC counsel further argued that granting the appellant bail, pending the determination of his appeal will undermine public confidence in the administration of criminal justice. “Granting bail to the Appellant/Applicant in the circumstances of this case would send a wrong signal to the public and undermine confidence in the fight against corruption, money laundering and the misuse of public funds earmarked for national security,” he said.

The panel in its decision, read by Justice Adebukola Banjoko held that the application was unmeritorious and dismissed the application accordingly.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
ShareTweetShareShare
Previous Post

2027: Makinde Unveils APM’s Rescue Agenda, Backs State Police, Says Nigerians Will Decide APC’s Fate

Next Post

JUST IN: Abducted Oyo Pupils, Teachers Regain Freedom

Related Posts

Alleged $1Billion Fraud: Court Acquits Aliyu Abubakar, Malabu Oil
Judiciary

Alleged $1Billion Fraud: Court Acquits Aliyu Abubakar, Malabu Oil

Alleged ₦110.4bn kogi Fraud: Witness Says ₦1.425bn Was Used for Forex Transactions in Two Months
Judiciary

Alleged ₦110.4bn kogi Fraud: Witness Says ₦1.425bn Was Used for Forex Transactions in Two Months

El-Rufai: ICPC Opposes Jimi Lawal’s Bail as Court Fixes Hearing For October 16
Judiciary

El-Rufai: ICPC Opposes Jimi Lawal’s Bail as Court Fixes Hearing For October 16

Next Post

JUST IN: Abducted Oyo Pupils, Teachers Regain Freedom

Discussion about this post

  • Trending
  • Comments
  • Latest
Nigeria Has Paid Its 2025 UN Membership Dues in Full – Guterres

Nigeria Has Paid Its 2025 UN Membership Dues in Full – Guterres

Appeal Court Reserves Judgement in Akpabio, Natasha’s Appeals

Appeal Court Reserves Judgement in Akpabio, Natasha’s Appeals

FG Begins Emergency Repair of Failed Section of Apongbon Bridge

FG Begins Emergency Repair of Failed Section of Apongbon Bridge

Seriki Fulani Arrested as Police Recover Ransom Bag in His Kitchen, Son Escapes Through Bush

Seriki Fulani Arrested as Police Recover Ransom Bag in His Kitchen, Son Escapes Through Bush

El-rufai Holding On for a Better Deal?

El-rufai Holding On for a Better Deal?

Senator Natasha Slams Akpabio with N100b Defamation Suit

Senator Natasha Slams Akpabio with N100b Defamation Suit

Kaduna State Hosts Launch of Free to Shine Campaign to Combat HIV/AIDS, Syphilis, Hepatitis

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

Weed Them Out: NDC Spokesperson Urges Party to Purge Content Creator Activists from Ranks

NDC Withdraws Recognition of Diaspora Chapters Over Court Judgment

Breaking: President Tinubu Approves Sweeping Redeployment of Federal Permanent Secretaries

BREAKING: Okpebholo Sacks Aigbodion Smart as Acting MD New Edo Line

FG Faults Makinde Over N250bn NLNG Dividend Claim

FG Faults Makinde Over N250bn NLNG Dividend Claim

Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

Recent News

Weed Them Out: NDC Spokesperson Urges Party to Purge Content Creator Activists from Ranks

NDC Withdraws Recognition of Diaspora Chapters Over Court Judgment

Breaking: President Tinubu Approves Sweeping Redeployment of Federal Permanent Secretaries

BREAKING: Okpebholo Sacks Aigbodion Smart as Acting MD New Edo Line

FG Faults Makinde Over N250bn NLNG Dividend Claim

FG Faults Makinde Over N250bn NLNG Dividend Claim

Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

Spear News

The Spear News – Piercing the Truth
Delivering accurate, in-depth, and unbiased news, The Spear News is committed to uncovering the truth and keeping you informed. Stay ahead with credible journalism that cuts through the noise.

Follow Us

Browse by Category

Recent News

Weed Them Out: NDC Spokesperson Urges Party to Purge Content Creator Activists from Ranks

NDC Withdraws Recognition of Diaspora Chapters Over Court Judgment

Breaking: President Tinubu Approves Sweeping Redeployment of Federal Permanent Secretaries

BREAKING: Okpebholo Sacks Aigbodion Smart as Acting MD New Edo Line

FG Faults Makinde Over N250bn NLNG Dividend Claim

FG Faults Makinde Over N250bn NLNG Dividend Claim

Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

Iran Already Won the War — US Just Won’t Admit It, Says US-Based Nigerian Commentator

© 2025 The Spear News Nigeria

No Result
View All Result
  • Home
  • News
  • Tech
  • Entertainment
  • Lifestyle
  • Contact Us
  • About Us
  • Privacy Policy

© 2025 The Spear News Nigeria