Alleged N3bn faud: Court admits Ali Bello, 3 others to N500m bail
Sunday Ejike - Abuja Justice Obiora Egwuatu, of a Federal High Court sitting in Abuja, on Monday admitted Ali Bello and three others to a sum of N500
Stay updated with breaking news from Abba Adauda. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sunday Ejike - Abuja Justice Obiora Egwuatu, of a Federal High Court sitting in Abuja, on Monday admitted Ali Bello and three others to a sum of N500
A Federal High Court in Abuja has granted Ali Bello and three others bail in the sum of N500 million each in the alleged N3 billion fraud trial. Bello, who is the nephew of Governor Yahaya Bello of Kogi State is being prosecuted by Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), on 18 counts bordering on money laundering and misappropriation of about N3 billion. The other defendants in the case are Abba Adauda, Yakubu Siyaka Adabenege, Iyada Sadat and the Kogi First Lady, Rashida Bello.
Justice Obiora Egwuatu fixed the date after counsel to the defence, Ahmed Raji, SAN, and lawyer to the prosecution, M.K. Hussein, presented their arguments for and against the motion.
The court adjourned the case for ruling after taking arguments from lawyers to the Kogi governor’s nephew and other defendants in the suit.
A Senior Advocate of Nigeria, Ahmed Raji has asked a Federal High Court in Abuja to admit to bail, Ali Bello and 3 others standing trial in an alleged N3