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

Concerns as Blessing CEO auctions property for sale amid battle with stage 4 cancer

Nigerian social media personality Blessing CEO has stirred concern...

Memory Lane: Controversy Over Alleged Eviction of Retired Justice Bashir Sambo Resurfaces

By Achadu Gabriel, KadunaA past controversy involving former Minister...

IG Urges Police Trust Fund to Prioritise Welfare of Junior Officers

The Inspector-General of Police, Olatunji Disu, has directed the...

ADC Stakeholders Back Mohammed Abdullahi for Nasarawa Governorship, Urge Unity Ahead of 2027

Stakeholders of the African Democratic Congress (ADC) in Nasarawa...

Oborevwori Inaugurates Grassroots Coordinators for Renewed Hope Ambassadors in Delta

Delta State Governor, Sheriff Oborevwori, has inaugurated local government...

Cement at ₦11,000: Is it time for Nigerians to return to building with mud?

Rising cement prices, now exceeding ₦11,000 per bag, are...

Six Diseases Now Deadlier Than HIV Globally — WHO Data

New global health data from the World Health Organization...

Concerns as Blessing CEO auctions property for sale amid battle with stage 4 cancer

Nigerian social media personality Blessing CEO has stirred concern...

Nigeria Fast-Tracks Permits to Revive Idle Oil Wells, Signs New Exploration Deal

Nigeria’s upstream oil sector is accelerating efforts to boost...

Nigeria Customs, AfCFTA Secretariat Hold Talks on Simplified Trade Regime

The Nigeria Customs Service has engaged with officials of...

PDP Factions Resume Peace Talks as Wike Insists Party Not Divided

Fresh reconciliation efforts have begun within the Peoples Democratic...

NCC Reaffirms Commitment to Expanding Broadband Access to Underserved Communities in Plateau

The Nigerian Communications Commission (NCC) has reaffirmed its commitment...

APC Inaugurates New Executives in Riyom LGA, Calls for Unity Ahead of 2027

The All Progressives Congress (APC) has inaugurated newly elected...

Related Articles

Popular Categories

spot_imgspot_img