The Economic and Financial Crimes Commission (EFCC) has filed charges against the President of Miyetti Allah Kautal Hore, Bello Bodejo, over alleged terrorism financing and money laundering involving approximately $2.53 million.
According to court documents filed before the Federal High Court in Abuja on June 22, 2026, the anti-graft agency accused Bodejo of receiving and possessing large sums of foreign currency suspected to be linked to unlawful activities.
The charges were brought under 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 disclosed that Bodejo is expected to appear before the court to enter his plea once an arraignment date is fixed.
The Commission alleged that Bodejo received several cash payments from a former Accountant-General of Bauchi State, Sa’idu Abubakar, without processing the transactions through any financial institution, contrary to legal requirements.
One of the counts stated that on January 11, 2022, Bodejo allegedly accepted $100,000 in cash from Abubakar in Abuja, an amount said to exceed the limit permitted for direct cash transactions.
The charge 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 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.”
Investigators also alleged that Bodejo received an additional $200,000 in physical cash from the same individual on January 21, 2022, in a transaction said to violate anti-money laundering regulations.
Further counts accuse him of accepting $980,000 in cash on February 7, 2024, and another $500,000 on March 20, 2024.
Count four of the charge states: “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.”
Beyond the alleged cash transactions, the EFCC also accused Bodejo of possessing funds suspected to be proceeds of unlawful activities. In count 10, the Commission claimed that he took possession of $980,000 in Abuja on or around February 7, 2024, despite allegedly knowing, or having reason to suspect, that the money was derived from unlawful conduct.
The EFCC maintained that the alleged offences are punishable under relevant provisions of Nigeria’s money laundering laws. Bodejo is expected to be formally arraigned before the Federal High Court once the court schedules a hearing date.