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Court grants Yahaya Bello N500m bail in ‘N80bn fraud’ case

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Court grants Yahaya Bello N500m bail in ‘N80bn fraud’ case
Written by Areatatafo

  

Yahaya Bello, former governor of Kogi state, has pleaded not
guilty to the charges preferred against him by the Economic and Financial
Crimes Commission (EFCC).

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The ex-governor was also granted bail in the sum of N500
million, with two sureties in like sum, by the federal high court in Abuja.

 

Bello is facing a 19-count charge bordering on alleged money
laundering to the tune of N80 billion.

 

The defendant is accused of diverting public funds to
acquire property at home and abroad.

 

When the charge was read to Bello by an official of the
court, he said he understood all the counts and pleaded not guilty to them all.

 

More to follow…

 

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