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Reading: More Drama as Yahaya Bello’s Fraud Trial Resumes
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Governance > Judiciary > More Drama as Yahaya Bello’s Fraud Trial Resumes
Judiciary

More Drama as Yahaya Bello’s Fraud Trial Resumes

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Last updated: November 27, 2024 10:41 am
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2 years ago
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The trial of Yahaya Bello, the immediate past governor of Kogi State finally got off to a dramatic start today as the trial Justice Maryann Anenih bolted out of the courtroom at some point due to the surging crowd that accompanied the ex-governor.

How it occurred that agents of the law could not maintain order in the Federal High Court remains inexplicable but it took the intervention of the Mr. Bello himself to bring calm to the courtroom as he prevailed on his crowd of supporters to vacate the courtroom.

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At the resumption of proceedings, the former Kogi State Governor, denied the charges of financial fraud leveled against him by the Economic and Financial Crimes Commission (EFCC). 

Appearing before Justice Maryann Anenih at the Federal High Court in Maitama, Abuja, Bello and his two co-defendants, Umar Oricha and Abdulsalami Hudu, were confronted with a series of serious allegations of embezzlement involving ₦110 billion.

The court heard that Bello and his associates were accused of criminal conspiracy, breach of trust, and the possession of stolen property. 

The charges are linked to accusations of embezzling state funds, which were allegedly used to acquire a series of high-value properties across Nigeria and beyond.

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Bello, who had been elusive in the weeks leading up to the trial, surrendered to the EFCC just a day before the court appearance, amid reports of his avoidance of authorities. Dressed in a traditional white caftan and blue cap, he entered the dock to formally respond to the charges in the case, which the EFCC has termed CR/7781.

The list of properties tied to the accused includes real estate in Abuja, such as a building in Maitama valued at ₦950 million, a property in Gwarimpa worth ₦100 million, and another mansion in Asokoro priced at ₦920 million. Other properties are located in areas like Wuse Zone 4 and Dubai, including a hotel apartment valued at over 5 million dirhams.

Additionally, the EFCC claims that Bello and his co-defendants were involved in transferring substantial amounts of money abroad, including $570,330 and $556,265 to a US-based bank. The investigation also uncovered that they were in possession of ₦677.8 million linked to an illicit business, Bespoque Business Solution Limited.

Bello’s trial has sparked considerable attention, and the outcome of the proceedings could have serious ramifications for the former governor, who served as Kogi’s leader for two terms. 

The case continues to unfold, with the EFCC determined to recover the allegedly misappropriated funds.

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TAGGED:EFCCJUSTICE MARYANN ANENIHLateef FagbemiYahaya Bello
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