Alleged N80.2bn Fraud: EFCC Presents First Witness Against Yahaya Bello
The Economic and Financial Crimes Commission (EFCC) presented its first witness on Monday, February 24, 2025, in the ongoing trial of former Kogi State Governor Yahaya Bello. Bello is facing 19 counts of charges related to criminal breach of trust and money laundering, amounting to N80.2bn. The charges are in violation of Section 18(a) and punishable under Section 15(3) of the Money Laundering (Prohibition) Act, 2011 (as amended).
The first witness, Segun Joseph Abeleke, the General Manager of EFAB Properties Limited, appeared before Justice Emeka Nwite of the Federal High Court in Abuja. During his testimony, Abeleke stated that he was involved in real estate and the development of turnkey projects in high-profile areas of Abuja such as Maitama, Asokoro, and Wuse.
Abeleke recounted an event in 2020 when he was introduced to a man named Shehu Bello by his Chairman, Chief Dr. Fabian Nwora, who discussed a particular property linked to the case.
Further details are expected as the trial progresses.
