The Federal High Court in Abuja granted former Kogi State Governor, Yahaya Bello, bail to the tune of N500 million. This decision came on Friday, with the court also mandating that Bello present two sureties, each worth the same amount. Justice Emeka Nwite delivered the ruling, outlining the bail conditions.
The court specified that the sureties must own landed properties in Abuja. They were also directed to submit title documents for verification by the Deputy Chief Registrar of the court. In addition, both Bello and the sureties must provide passport-sized photographs and swear to an affidavit of means.
Bello must surrender his international passport. He is not to leave Nigeria without court permission. Until he meets the bail conditions, the court ordered that Bello remain at Kuje Prison.
The court set February 24 and 28, 2025, for the start of a full hearing on the 19-count money laundering charges leveled against Bello by the Economic and Financial Crimes Commission (EFCC). These charges relate to an alleged N80.2 billion fraud.
Bello gets N500 million bail in alleged fraud case
Bello has consistently denied the allegations. He pleaded not guilty to the charges, maintaining his innocence throughout the proceedings.
Supporters of Yahaya Bello have expressed satisfaction with the court’s decision. They argue that the bail is a recognition of his constitutional rights and due process. One of his advocates, Ahmed Abdullahi, said, “The court has shown fairness. Bello deserves a chance to defend himself outside prison.”
However, critics of the former governor have raised concerns about the bail. They argue that the N500 million bail might be too lenient considering the gravity of the charges. “This is a serious case of financial misconduct,” said political analyst Aisha Garba. “Allowing him to remain free on such a lenient bail might set a dangerous precedent.”
Intrigues and developments in the case
The case against Yahaya Bello has witnessed a lot of intrigue. The EFCC has been investigating the former governor’s financial dealings for months, with allegations of money laundering surfacing in public discussions.
The timing of the charges, just after his tenure ended in 2024, has raised suspicions among his supporters. Some believe the charges are political. “This is an attempt to tarnish his image ahead of future political plans,” said a source close to Bello.
On the other hand, anti-corruption groups have welcomed the charges. They see it as a crucial step toward accountability for public officials. “No one should be above the law,” said Emeka Okoro, a member of an anti-corruption NGO.
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