The Economic and Financial Crimes Commission (EFCC) is set to arraign the President of Miyetti Allah Kautal Hore, Bello Bodejo, before a Federal High Court in Abuja over alleged terrorism financing and money laundering offences involving about $2.53 million.

According to the EFCC, a 12-count charge filed against Bodejo accuses him of receiving and possessing large sums of foreign currency suspected to be proceeds of unlawful activities, contrary to provisions of Nigeria’s anti-money laundering laws.

The commission alleged that Bodejo received multiple cash payments from former Bauchi State Accountant-General, Sa’idu Abubakar, without processing the transactions through financial institutions as required by law. One of the charges claims he accepted $100,000 in cash in Abuja on January 11, 2022, exceeding the legal threshold for cash transactions.