Highlight

Just in: Alleged N110bln fraud: Yahaya Bello arraigned, enters ‘not-guilty’ plea

818
Advertisement




Yahaya Bello, a former governor of Kogi State, who was arraigned in court on Wednesday, has pleaded not guilty to a 16-count charge of N110 billion fraud slammed on him by the Economic and Financial Crimes Commission (EFCC).

Bello was docked before Justice Maryann Anenih of a Federal High Court sitting at Maitama, Abuja, alongside two other defendants—Umar Oricha and Abdulsalami Hudu.

Persecondnews recalls that the ex-governor’s whereabouts remained unknown till yesterday when he surrendered himself to EFCC after months of a hide-and-seek game between him and the anti-graft agency.

The EFCC has accused them of conspiring to commit a criminal breach of trust involving the misappropriation of public funds.

The charge against the defendants, marked CR/7781, borders on conspiracy, criminal breach of trust, and possession of unlawfully obtained property.

Specifically, the EFCC alleged that the former governor misused state funds to acquire properties in Abuja, including No. 35 Danube Street, Maitama District, Abuja (N950 million), No. 1160 Cadastral Zone C03, Gwarimpa II District, Abuja (N100 million), and No. 2 Justice Chukwudifu Oputa Street, Asokoro, Abuja (N920 million).

Other properties the defendants allegedly acquired with funds stolen from the Kogi state treasury include Block D Manzini Street, Wuse Zone 4, Abuja (N170 million); Hotel Apartment Community: Burj Khalifa, Dubai (Five Million, Six Hundred and Ninety-Eight Thousand, Eight Hundred and Eighty-Eight Dirhams); Block 18, Gwelo Street, Wuse Zone 4, Abuja (N60 million); and No. 9 Benghazi Street, Wuse Zone 4, Abuja (N310.4 million).

The defendants are also accused of transferring $570,330 and $556,265 to TD Bank, USA, and possessing unlawfully obtained property, including N677.8 million from Bespoque Business Solution Limited.

See also  Breaking: Kogi Governor, Yahaya Bello, Regains Freedom After Meeting Bail Terms

Author

Leave a comment

Related Articles

Ex-Minister Blames Bureaucracy for Weak Policy Implementation at Federal Level

By Omoyeni Ojeifo Former Minister of Women Affairs, Uju Kennedy-Ohaneyne, has said...

Nigeria Takes Lead in Global Nuclear Disarmament Talks, Seeks Stronger Protection for Non-Nuclear States

By Omoyeni Ojeifo The Federal Government says Nigeria will use its Presidency...

Bangladesh Seeks Nigerian Gas Supply as Both Countries Push New Cooperation Framework

By Omoyeni Ojeifo The High Commissioner of the People’s Republic of Bangladesh...

Fresh Ogun School Gas Leak: Scores of Students, Staff Hospitalized

A third suspected gas leak at Our Lady of Apostles Secondary School...