Connect with us

News

Court Grants ₦500 Million Bail to Former Kogi Governor Yahaya Bello

Published

on

court

Justice Emeka Nwite of the Federal High Court in Abuja on Friday granted ₦500 million bail to the immediate past governor of Kogi State, Yahaya Bello, with two sureties.

Nwite emphasized that the sureties must swear an affidavit of means, proving ownership of properties in Abuja. They are required to submit the title documents of these properties, which will be verified by the court’s Deputy Chief Registrar.

It should be recalled that Yahaya Bello was dragged to the court by Financial Crimes Commission (EFCC) early this year for corrupt practices, relating to money laundering, breach of trust, and misappropriation of public funds totalling ₦80.2 billion.

Thereafter, he was arraigned on a 19-count charge brought against him by the Economic and Financial Crimes Commission (EFCC).

He, however, pleaded not guilty to the charges preferred against him.

After taking his plea, Justice Nwite accordingly granted the request, striking the application out, citing that bail is granted at the court’s discretion while delivering the ruling.

He said, “I have listened to the application from both counsels. First off, bail is at the discretion of the court, whether the bail is opposed or supported. Ordinarily, based on the antecedents of this case, particularly the conduct exhibited by the defendant, I would have reconsidered the application made by the learned senior counsel for the defendant. However, based on the detour exhibited by the learned senior counsel for the defendant, J.B. Daudu (SAN), which was reciprocated by the learned senior counsel for the prosecution, Kemi Pinheiro (SAN), I am inclined to depart from our earlier position on this matter.”

“In view of the foregoing, I am prepared to grant the application made by both counsel. I hereby grant bail to the defendant in the following terms: One—bail is granted to the defendant in the sum of ₦500 million, with two sureties in the like sum. The two sureties shall own landed property within the jurisdiction of this court, Abuja,” he added.

“The two sureties shall swear to an affidavit of means, and the documents of the property shall be verified by the chief deputy registrar of this honourable court. The defendant shall deposit his international passport with the chief registrar of this honourable court. The defendant and the sureties shall each deposit two recent passport photographs with the deputy chief registrar of this honourable court. The defendant shall be released upon the perfection of the bail terms. The case is adjourned to February 24, 28, and March 6 and 7, 2025, for trial,” he concluded.

Meanwhile, Nwite ordered Bello to submit his international passport and remain at the Nigerian Correctional Centre in Kuje until the bail conditions are met.

Comments

Sign up for our  Daily newsletter

We’ll be in your inbox every morning Monday-Saturday with all the day’s top business news, inspiring stories, best advice and reporting from Entrepreneur, To share your newsletter use this email: entrepreneuredition@gmail.com

Advertisement
Advertisement
Advertisement