•As Court Grants ₦500 Million Bail
The Federal High Court in Abuja has granted bail to the former Governor of Kogi State, Yahaya Bello, in the sum of ₦500 million.
Bello, who is facing a 19-count charge of alleged money laundering involving ₦80 billion, pleaded not guilty during his arraignment.
Justice Emeka Nwite, who presided over the case on Friday, set stringent bail conditions.
Bello is required to provide two sureties in the same amount, who must swear to an affidavit of means and own properties in Abuja.
The title documents of these properties will be verified by the Deputy Chief Registrar of the court.
Additionally, Bello must surrender his international passport to the court and submit two recent passport photographs, along with those of his sureties.
Pending the fulfilment of these conditions, Justice Nwite ordered that the former governor be remanded at the Kuje Correctional Centre in Abuja.
The prosecution, led by Kemi Pinheiro, SAN, representing the Economic and Financial Crimes Commission (EFCC), had earlier filed an application for an expedited hearing, which was later withdrawn.
Defence counsel, Joseph Daudu, SAN, did not oppose the withdrawal, prompting the court to strike out the application.
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