MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

‘N3bn fraud’: Bail hearing in EFCC’s case against Yahaya Bello’s nephew stalled

‘N3bn fraud’: Bail hearing in EFCC’s case against Yahaya Bello’s nephew stalled
February 13
14:44 2023

A federal high court in Abuja has adjourned ruling on a bail application filed by Ali Bello, nephew to Kogi state governor, in a N3 billion money-laundering suit.

The judge, Obiora Egwuatu, adjourned the suit till Tuesday, due to a mix-up in the filing of court documents by the Economic and Financial Crimes Commission (EFCC).

The EFCC, on February 8, arraigned Bello alongside Abba Adauda, Yakubu Siyaka Adabenege, and Iyada Sadat for allegedly misappropriating N3,081,804,654.

The defendants pleaded not guilty to the 18-count charge “bordering on criminal misappropriation and money laundering”.

Advertisement

They were remanded in prison pending when the bail application is moved.

Rashida, Yahaya Bello’s wife, was also mentioned in the charge.

Kabiru Hussain, the prosecuting counsel, said the counter-affidavit was mistakenly taken to a different court instead of Egwuatu’s. 

Advertisement

Ahmed Raji, Bello’s lawyer, acknowledged receipt of the prosecution’s objection to his client’s bail request. He also sought a speedy hearing of the bail application.

Consequently, the judge adjourned the case till Tuesday to hear the bail application. 



Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.