₦110b Fraud: Court Grants Yahaya Bello ₦500m Bail
A federal capital territory (FCT) high court in Maitama has granted bail to Yahaya Bello, former Kogi state governor, in the sum of ₦500 million.
Bello has been charged with alleged criminal breach of trust to the tune of ₦110,446,470,089, contrary to sections 96 and 311 of the Penal Code Law Cap.89, Laws of Northern Nigeria, 1963, and punishable under section 312 of same law.
Ruling on Bello’s bail application on Thursday, Maryann Anenih, the trial judge, held that the defendant must produce three sureties in like sum who must be responsible citizens of Nigeria.
The sureties must have landed properties within Guzape, Wuse 2, Apo, Asokoro and Jabi areas in the FCT.
They are to submit two passport photographs each and other means of identification like National Identification Number (NIN).
The bail ruling comes barely a week after the ex-governor was granted bail in the sum of ₦500 million by the federal high court in Abuja, on a 19-count charge bordering on alleged money laundering to the tune of ₦80 billion.
Case Adjourned To January
Bello and his co-defendants — Umar Shoaib Oricha and Abdulsalami Hudu — were arraigned on November 27 before the FCT court on a 16-count charge bordering on alleged money laundering to the tune of ₦110 billion.
On December 10, Anenih adjourned the case to January 29 and 30; and February 25 and 27, after declining Bello’s bail request on the grounds that the application was filed prematurely.
When the case was called for hearing on Thursday, Joseph Daudu, Bello’s counsel, informed the court that the defence counsels had filed a further affidavit in response to the counter affidavit filed and served by the prosecution counsels.
He, however, applied to withdraw the further affidavit.
“We do not want to make the matter contentious,” Daudu said.
There was no objection from Olukayode Enitan, the prosecution counsel. The court, therefore, granted the application for withdrawal, striking out the further affidavit.
Daudu also prayed the court to grant bail to his client and to vary the bail condition of the other defendants.
The counsel implored the court to broaden the scope of properties to be used as bail bond to include locations across the FCT, rather than limiting the location to Maitama.
The prosecution did not object. Consequently, the judge granted bail to the first defendant.
She also varied the bail condition of the 2nd and 3rd defendants to allow their sureties own properties in any location within the FCT.
The 1st defendant (Bello) was also asked to deposit his international passport and other travel documents with the court. Bello will remain at the Kuje Correctional Centre until the bail conditions are perfected.
The case has been adjourned to January 29 and 30, 2025.