More
    HomeNewsPolitics & GovernanceUpdate: Court grants N500m bail to Yahaya Bello

    Update: Court grants N500m bail to Yahaya Bello

    *Fixes Feb 24 for trial *Bello yet to meet conditions

    Published on

    spot_img

    ABUJA–The Federal High Court sitting in Abuja, on Friday, granted bail to the immediate past Governor of Kogi State, Alhaji Yahaya Bello, to the tune of N500million with two sureties in the like sum.

    The court, in the ruling that was delivered by trial Justice Emeka Nwite, held that the sureties must be owners of landed properties in Abuja.

    Aside from directing the sureties to tender the title documents of the properties which must be verified by the Deputy Chief Registrar of the court, Justice Nwite equally ordered them to swear to an affidavit of means.

    According to the court, both the defendant and the sureties must submit their recent passport photographs.

    It further ordered the former governor to surrender his international passport and not travel outside the country without permission.

    The court held that the defendant should remain at Kuje prison, pending the perfection of the bail conditions.

    READ ALSO: Breaking: Ex-Gov Bello pleads not guilty to fresh 19-count charge

    It subsequently slated February 24 and 28 for thr commencement of full blown hearing into the 19-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the defendant.

    Bello, who piloted the affairs of Kogi state from 2016 to 2024, had before the ruling, pleaded his innocence to his alleged complicity in an N80.2 billion fraud.

    Specifically, the EFCC alleged that he used five proxies to acquire choice properties in highbrow areas of Abuja and Dubai.

    Kindly share this story:

    Contact: editor@thereporterng.com

    Stay informed!
    Follow us on: X.com: @TheReporter2024
    Follow us on: Facebook: TheReporterNigeria
    WhatsApp for breaking news, updates and exclusive content. Don't miss a headline – Click below to join now!
    WHATSAPP

    Latest articles

    I shed tears after making almajiris shoe merchants — Gov Abdullahi Sule

    By Ishola BalogunIn A country rich in resources yet burdened by inequality, the desired...

    Nigeria’s social register hits 70m as NASSCO celebrates data-driven breakthrough

    By Ishola Balogun Lagos — The Director-General of the National Social Safety Nets Coordinating Office...

    Two injured, 3 rescued in separate road accidents at Mile 2, Surulere

    Two persons were grievously injured while three others were rescued in separate road accidents...

    Atlanta : Usman charges women to build bridges across continents

    The interim national chairman of the Labour Party, Senator Nenadi Usman, on Saturday charged...

    More like this

    I shed tears after making almajiris shoe merchants — Gov Abdullahi Sule

    By Ishola BalogunIn A country rich in resources yet burdened by inequality, the desired...

    Nigeria’s social register hits 70m as NASSCO celebrates data-driven breakthrough

    By Ishola Balogun Lagos — The Director-General of the National Social Safety Nets Coordinating Office...

    Two injured, 3 rescued in separate road accidents at Mile 2, Surulere

    Two persons were grievously injured while three others were rescued in separate road accidents...