The Economic and Financial Crimes Commission (EFCC) is set to arraign the President of the Miyetti Allah Kautal Hore, Bello Bodejo, before a Federal High Court over allegations bordering on money laundering, terrorism financing and other financial crimes involving about $2.53 million.
According to court documents, Bodejo is expected to face multiple charges filed by the anti-graft agency following investigations into alleged suspicious financial transactions linked to his activities and those of an organisation associated with him.
The EFCC alleges that the Miyetti Allah leader received and moved funds amounting to approximately $2.53 million through channels suspected to have violated provisions of Nigeria’s anti-money laundering and counter-terrorism financing laws.
The charges reportedly include allegations of operating accounts and conducting transactions without complying with statutory financial reporting requirements, as well as the alleged movement of funds suspected to be connected with terrorism financing activities.
Bodejo, who has previously been at the centre of controversies surrounding the activities of his socio-cultural organisation, is expected to enter his plea when the matter comes up before the court.
The development marks another high-profile prosecution by the EFCC as the commission intensifies efforts to enforce compliance with anti-money laundering regulations and curb the financing of criminal and terrorist activities across the country.
The outcome of the arraignment is expected to determine the next phase of what could become a closely watched legal battle.
