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Just in: Kogi Governor’s wife, Rashida, nephew, others face EFCC’s N3bn fraud charge

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Rashida, wife of Kogi Gov.Yahaya Bello, her nephew, Ali Bello, and three others were on Wednesday arraigned in Abuja over alleged fraud of N3 billion.

The Economic and Financial Crimes Commission (EFCC) had arraigned the duo of Rashida and four others at a Federal High Court in Abuja, Persecondnews reports.

Both Ali Bello and Rashida still on the run, were docked on Wednesday alongside three others on an 18-count charge bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654.

According to the prosecution, the accused — Ali Bello, Abba Adaudu, Yakubu Siyaka Adabenege, Iyada Sadat, Rashida Bello (at large) had sometime in June 2020 in Abuja procured E-Traders International Ltd to retain the aggregate sum of N3,081,804,654.00 which sum you reasonably ought to have known forms part of proceeds of unlawful activity and criminal misappropriation.

The trio of Ali Bello, Abba Adauda, and Rashida Bello (at large) had sometime in November 2021 in Abuja procured E-Traders International Limited to transfer the aggregate sum of $570,330 to account number no 426-6644272 domiciled in TD Bank, United States of America, which sum you reasonably ought to have known forms part of proceeds of unlawful activity and criminal misappropriation.

The offences violated Sections 18(a), 15 (2), (3), (20)(d) of the Money Laundering Prohibition Act, 2011 (as amended)

The criminal activities also contravened Sections 18(a), 15 (3), (20)(d) of the Money Laundering Prohibition Act, 2011 (as amended).

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