₦80.2bn Fraud: Court Grants Yahaya Bello ₦500m Bail
The immediate past governor of Kogi State, Yahaya Bello, has been granted bail by the Federal High Court in Abuja in the sum of ₦500 million with two sureties.
Justice Emeka Nwite, the trial judge gave him the bail on Friday.
He stated that bail is granted at the court’s discretion while delivering the ruling.
Bello is facing an alleged money laundering trial to the tune of N80bn but pleaded not guilty to all the charges.
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When the case was called for hearing on Friday, Counsel for the EFCC, Kemi Pinheiro, SAN, notified the court of the intention of the prosecution to withdraw an earlier application for abridgment of the earlier date fixed for arraignment.
He said the application had been overtaken by events.
The defendant’s counsel, led by Joseph Daudu, SAN, did not object, and Justice Emeka Nwite accordingly granted the request.
After the defendant had taken his plea, Daudu, SAN, made clarifications on the reasons he had not been in court during the previous hearings.
Olamilekan Adigun is a graduate of Mass Communication with years of experience in journalism embedded in uncovering human interest stories. He also prioritises accuracy and factual reportage of issues.
