Alleged N110.4bn Fraud: Court Grants Yahaya Bello N500m Bail
The Federal Capital Territory High Court in Abuja, on Thursday, granted the immediate past Kogi State Governor, Yahaya Bello, bail in the sum of N500 million and three sureties.
The trial judge, Justice MaryAnne Anenih made the pronouncement after listening to the fresh bail application brought before the court following the court’s refusal to grant Bello bail at the last sitting.
Bello, alongside two others, Umar Oricha and Abdulsalami Hudu, are facing trial on 16 counts preferred against them by the Economic and Financial Crimes Commission bordering on criminal breach of trust and money laundering to the tune of N110.4 billion.
The court, however, granted the second and third defendants, bail in the sum of N300m with two sureties alongside other conditions.
Further reading out the conditions for Bello’s bail, the judge held that the sureties must be responsible citizens who are landowners in any of the listed areas in Abuja – Maitama, Guzape, Apo, Wuse 2 or Asokoro.
She ordered that the sureties must deposit the documents of the property with the court’s registrar alongside two recent passport photographs.
Justice Anenih also ordered that Bello must deposit two copies of his recent passport photograph alongside a photocopy of a means of identification which could be either an International Passport or National Identity card after showing the original to the court’s registrar.