HighlightTop Story

Alleged N110bln money laundering charge: Court admits Yahaya Bello to another N500m bail

1k

Yahaya Bello, the immediate past Governor of Kogi State, has been granted bail in the sum of ₦500 million with three sureties of the same amount ¹. This decision comes after Justice Maryann Anenih of the Federal Capital Territory High Court initially rejected Bello’s bail application on December 10, citing that it was premature.

In her initial ruling, Justice Anenih stated that the bail application was incompetent because it was filed while Bello was neither in custody nor before the court. However, the court allowed Bello’s legal team to file a fresh bail application and apply for a hearing date.

Bello is currently facing trial on 16 counts of alleged money laundering involving ₦110 billion, brought against him by the Economic and Financial Crimes Commission (EFCC).

Persecondnews recalls that he had denied all the charges.

The defendant is currently facing trial for alleged money laundering to the tune of N110 billion, alongside two other defendants.

He has maintained his innocence, pleading not guilty to the 16-count charge slammed on him by the Economic and Financial Commission(EFCC).

When the case came up for hearing on Thursday, Mr. Joseph Daudu(SAN), counsel for the defendant, told the court that the defence team had submitted an additional affidavit in response to the counter affidavit filed by the prosecution.

However, Daudu made a surprising move, applying to withdraw the additional affidavit, stating: “We do not want to make the matter contentious.”

The prosecution counsel, Mr. Olukayode Enitan(SAN), raised no objections, and consequently, the court granted the application, striking out the further affidavit from the records.

Daudu informed the court that he had engaged in discussions with the leader of the prosecution counsels, resulting in a mutual agreement to expedite the trial proceedings.

Based on this understanding, Daudu urged the court to grant the bail application, highlighting the progress made in facilitating a speedy trial.

He further requested that, should the court grant bail to the defendants, it would also consider reviewing the bail conditions for the first, second, and third defendants.

Additionally, he urged the court to expand the acceptable locations for bail sureties to include properties across the Federal Capital Territory (FCT), rather than restricting them to Maitama alone.

The prosecution counsel, acknowledged that discussions had taken place between Daudu and the prosecution team.

In line with the Rules of Professional Conduct(RPC), Enitan assured the court that the EFCC would cooperate fully in expediting the trial.

He said: “I confirm the evidence given by the distinguished member of the bar that is leading the Defence, Mr. J.B. Daudu (SAN), that he has been in conversation with the leader of the prosecuting team.

“As with the legal tradition that we should cooperate with members of the bar when it does not affect the course of justice, we have decided not to make this contentious, bearing in mind that no matter how industrious the defence counsel might be in pushing forward the application for bail.

“And no matter how vociferous the prosecution counsel can argue against the bail application, your lordship is bound by your discretion to grant or not to grant the application.

“We are therefore leaving this to your lordship’s discretion.”

Delivering her ruling, Anenih acknowledged that the offence with which the 1st Defendant was charged was bailable, and subsequently granted the former governor bail in the sum of N500 million with three sureties in like sum.

The sureties, who must be prominent Nigerians, are required to own landed property in select areas of Abuja, including Maitama, Jabi, Utako, Apo, Guzape, Garki, and Asokoro.

As part of the bail conditions, the 1st Defendant, was ordered to surrender his international passport and other travel documents to the court, and he will remain in custody at the Kuje Correctional Centre until the conditions are fulfilled.

On December 13, Justice Emeka Nwite of the Federal High Court in Abuja granted Bello bail in the sum of N500 million with two sureties over another N80.2 billion fraud case,

Leave a comment

Related Articles

Nigerian Military Receives Major Boost from US Defense Shipment

The United States has delivered military supplies to Nigerian security agencies in...

Tinubu in Abu Dhabi for Sustainability Summit, Strengthens Nigeria-UAE Ties

President Bola Tinubu arrived in Abu Dhabi on Sunday night to attend...

CDS Oluyede Unveils Plans for Improved Salary, Welfare for Nigerian Military

Chief of Defence Staff (CDS) Gen. Olufemi Oluyede has announced a significant...

Tinubu Orders Full-Scale Hunt for Terrorists Behind Kasuwan Daji Massacre

President Bola Ahmed Tinubu has condemned the “barbaric” attack on Kasuwan Daji...

Missing ₦128bln: SERAP Demands Immediate Probe of Power Ministry, NBET

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola...

Anthony Joshua: How driver saved his life before fatal crash

In a harrowing turn of events, former World Heavyweight Champion Anthony Joshua...

Canada Deports 366 Nigerians in 2025, 974 Now Face Removal

Driven by the fastest pace of immigration enforcement in ten years, Canada...

Fatal Crash: Anthony Joshua’s Driver Hauled Up in Court, Allegedly Drove Without Valid Licence

Adeniyi Mobolaji Kayode, the driver of the Lexus SUV involved in the...

Damilola Oni upbeat about 2026 as fans rally behind her

Nigerian actress Damilola Oni has stepped into the new year with renewed...

Just In: Detained Malami, son, wife not yet off the hooks, bail deferred to Jan. 7

The hopes of former Attorney-General Abubakar Malami and his family to celebrate...

Vehicle Owners Get Reprieve as Police Again Suspend Tint Permit Enforcement

The Nigeria Police Force has announced a further suspension of the Tinted...

New Year’s Tragedy: Catholic Priest Slumps, Dies During Sermon

The Catholic community in Delta State is in mourning following the sudden...

Just in: New Year Gesture: Akpabio Withdraws Suits Against Natasha, Others

Inspired by a New Year’s message on forgiveness, Senate President Godswill Akpabio...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

Tinubu’s New Year Vow: More Reforms, Safer Nigeria

President Bola Tinubu has declared that Nigeria is entering a “robust phase”...

From FIRS to NRS: New Logo, Pledges Improved Service

Zacch Adedeji, Chairman of the newly established Nigeria Revenue Service (NRS), has...

Ondo Scandal: Female Commissioner Allegedly Physically Assaults Female Magistrate

For allegedly physically assaulting a Chief Magistrate, Mrs.Temitope Alphonso, the Ondo State...

Lagos boat accident claims six lives, four rescued

A tragic boat accident along the Nigerdock axis of the Igbologun Water...

Just In: Heirs Energies Acquires 20% Stake in Seplat Energy for $500m

Heirs Energies, a leading indigenous integrated energy company, has acquired a 20.07%...

Nigeria’s Oil Production Drops to 1.599m Barrels Per Day

Nigeria’s oil output, including condensate, has declined by 5.9% year-on-year to 1.599...