x

[BREAKING] N110.4bn Fraud: Court Grants Yahaya Bello N500m Bail

By Abigail Philip David

The Federal Capital Territory High Court in Abuja has granted former Kogi State Governor, Yahaya Bello, bail in the sum of ₦500 million, along with three sureties. The decision, delivered on Thursday by Justice MaryAnne Anenih, followed a fresh bail application after the court initially denied his request during the last hearing.

Bello, alongside Umar Oricha and Abdulsalami Hudu, is facing a 16-count charge brought by the Economic and Financial Crimes Commission (EFCC). The charges include criminal breach of trust and money laundering involving ₦110.4 billion.

For the co-defendants, the court set bail at ₦300 million each, with two sureties and other stipulated conditions.

Bail Conditions
Justice Anenih outlined specific conditions for Bello’s release. The sureties must be responsible citizens and landowners in Abuja’s Maitama, Guzape, Apo, Wuse 2, or Asokoro districts. The sureties must submit property documents and two recent passport photographs to the court registrar.

Bello is also required to provide two recent passport photographs, a photocopy of a valid means of identification (International Passport or National Identity Card), and must present the original to the registrar. Additionally, he is prohibited from traveling without court approval and will remain in Kuje Correctional Facility until all bail conditions are fulfilled.

Previous Bail Denial
The court had earlier rejected Bello’s bail request on December 10, citing procedural issues. Justice Anenih ruled that the application, dated November 22, 2024, was filed prematurely—prior to Bello’s arraignment on November 27, 2024, and before he was taken into custody on November 26, 2024.

She stated, “The application, having been filed prematurely, is hereby refused.”

This ruling marks a significant development in the ongoing trial of the former governor and his co-defendants.

Hot this week

EFCC Arrests Alleged Fake Football Agent Over N11m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

A’Ibom Assembly passes landmark Mental Health Bill

A'Ibom Assembly passes landmark Mental Health BillBy Ogenyi Ogenyi,UyoAkwa...

PTDF Says New Kaduna Petroleum College Will Reduce Overseas Scholarship Costs

The Petroleum Technology Development Fund (PTDF) says the establishment...

Three Killed, One Injured in Attack on Plateau Community

Gunmen have killed three youths and injured another in...

Southern, Middle Belt Leaders Call for Security Overhaul Amid Rising Violence

The Southern and Middle Belt Leaders Forum (SMBLF) has...

Zulum Warns Residents Against Aiding Boko Haram After Military Operation in Borno

Borno State Governor Babagana Umara Zulum has cautioned residents...

Braimoh Congratulates New ADC Executives in Kogi, Calls for Unity

A chieftain of the African Democratic Congress (ADC), Olayinka...

Maktown Flyers Backed to Impress at Basketball Africa League Championship

Nigeria’s representatives at the upcoming Basketball Africa League (BAL)...

Nasarawa 2027: Concerns Emerge Over Mohammed Adamu’s Strategy Ahead of Governorship Race

By Abel Zwanke, LafiaThe entry of former Inspector-General of...

Agara Dismisses Zoning Claims Ahead of Nasarawa 2027 Governorship Race

From Abel Zwanke, LafiaFormer Deputy Governor of Nasarawa State,...

Over 50 killed, 1000 abducted in kaduna LG in 3 months -villagers decry

 ...Say's N300m ransom paid..Say's "bandits pushing us from our...

Related Articles

Popular Categories

spot_imgspot_img