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Court grants Yahaya Bello N500m bail in ‘N80bn fraud’ case

  


Yahaya Bello, former governor of Kogi state, has pleaded not guilty to the charges preferred against him by the Economic and Financial Crimes Commission (EFCC).

 

The ex-governor was also granted bail in the sum of N500 million, with two sureties in like sum, by the federal high court in Abuja.

 

Bello is facing a 19-count charge bordering on alleged money laundering to the tune of N80 billion.

 

The defendant is accused of diverting public funds to acquire property at home and abroad.

 

When the charge was read to Bello by an official of the court, he said he understood all the counts and pleaded not guilty to them all.

 

More to follow…

 

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