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Court grants Yahaya Bello N500m bail over N110.4bn alleged fraud

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The immediate past Kogi State Governor, Yahaya Bello, has been granted bail in the sum of N500 million and three sureties.

Bello is standing trial on 16 count charges preferred against him by the Economic and Financial Crimes Commission bordering on criminal breach of trust and money laundering to the tune of N110.4 billion.

He is standing trial alongside two others, Umar Oricha and Abdulsalami Hudu at the Federal Capital Territory High Court in Abuja presided over by Justice MaryAnne Anenih.

The presiding Judge on Thursday made the pronouncement after listening to the fresh bail application brought before the court following the court’s refusal to grant Bello bail at the last sitting.

The court, however, granted the second and third defendants bail in the sum of N300m with two sureties alongside other conditions.

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