JUST-IN: Court Grants Ex-Gov Bello N500m Bail
Adjourns to Feb 24 for continuation of hearing
The Federal High Court in Abuja has granted bail to the immediate past Governor of Kogi State, Yahaya Bello, in the sum of N500 million with two sureties in like sum. This comes after the former governor pleaded not guilty to the 19-count charges brought against him by the Economic and Financial Crimes Commission (EFCC).
Bello is facing allegations of money laundering involving N80 billion, but he has denied all charges.
The hearing took place on Friday, during which EFCC Counsel, Kemi Pinheiro, SAN, informed the court that the prosecution intended to withdraw an earlier application for an expedited hearing, as it had become redundant. The defendant’s counsel, led by Joseph Daudu, SAN, did not object, and Justice Emeka Nwite granted the request.
Daudu clarified that any impression of disrespect for the court during previous hearings was due to a challenge on the court’s jurisdiction, which had reached both the Court of Appeal and the Supreme Court. He assured the court that his client would be present for all future proceedings.
The defense also moved for bail, with Daudu assuring the court that Bello, who served two terms as governor, would always be present for trial. He emphasized that Bello had only traveled twice during his eight years in office, and there was no risk of him absconding.
The prosecution expressed no objection to the bail application, acknowledging the defendant’s assurances of cooperation. Pinheiro, SAN, also commended the defense counsel for the professional handling of the case.
In his ruling, Justice Nwite granted Bello bail in the sum of N500 million with two sureties who must be landed property owners within the jurisdiction of the court. The sureties must provide affidavits of means, and their title deeds will be verified by the court registrar. Additionally, Bello is required to submit his international passport and will remain in Kuje Correctional Centre until the bail conditions are fulfilled.
This development follows an earlier remand of Bello by an FCT High Court in a separate N110 billion fraud charge by the EFCC. The case has been adjourned to February 24, 2025, for the continuation of hearings.
