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

Bayelsa Deputy Governor Peter Akpe Promises Humble, People-Focused Leadership

Newly sworn-in Deputy Governor of Bayelsa State, Pastor Peter...

Olukoyede Warns Real Estate Managers against Money Laundering

By Francis WilfredThe Executive Chairman of the (EFCC), ,...

Three Years of Impactful Services: Hazras Charity Foundation

By Abdullateef Abdulkadir.On the 15th of February, 2026, Hazras...

AFAN Hosts EU, AU Delegation in Abuja to Discuss Mycotoxin Risks

The All Farmers Association of Nigeria (AFAN) has hosted...

Assembly Lauds ECEWS, Aviclaire Climate-Smart Agriculture Initiative in A’Ibom

By Ogenyi Ogenyi, UyoThe has commended a climate-smart agriculture...

CBN RATE CUT OF 26.5: VOICES, UPSETS AND PROSPECTS

Adefolarin A. OlamilekanArguably, the latest 26.5% Central Bank of...

COCSON Defends Umahi, Urges Due Process in Sowore Confrontation

The Coalition of Civil Society Organisations in Nigeria (COCSON)...

Senate Rejects Opposition Call to Amend Electoral Act 2026

The Senate has dismissed calls by opposition leaders for...

AFAN Hosts EU, AU Delegation in Abuja to Discuss Mycotoxin Risks

The All Farmers Association of Nigeria (AFAN) has hosted...

Bayelsa Deputy Governor Peter Akpe Promises Humble, People-Focused Leadership

Newly sworn-in Deputy Governor of Bayelsa State, Pastor Peter...

Nigeria’s First Lady, Oluremi Tinubu, A Blessing To Nigerians – Oborevwori

By Anne Azuka Delta State Governor, Rt. Hon. Sheriff Oborevwori...

Related Articles

Popular Categories

spot_imgspot_img