Bail Granted: Ex-Gov Bello Walks for N500m Amid Scandal

The Federal High Court in Abuja has granted the former Governor of Kogi State, Yahaya Bello, bail in the sum of ₦500 million as he faces 19-count charges brought by the Economic and Financial Crimes Commission (EFCC). The charges involve allegations of money laundering amounting to ₦80 billion, which he has pleaded not guilty to.

Court Proceedings

  1. Application for Bail:
    • Bello’s lead counsel, Joseph Daudu, SAN, assured the court of the defendant’s willingness to appear for trial and cited his past record as a governor who rarely traveled during his tenure. He requested reasonable bail conditions, emphasizing that Bello would not abscond.
  2. EFCC’s Position:
    • The EFCC, represented by Kemi Pinheiro, SAN, did not oppose the bail application, acknowledging the assurances provided by Bello’s counsel. Pinheiro emphasized the prosecutorial, rather than persecutory, role of the EFCC.
  3. Court’s Ruling:
    • Justice Emeka Nwite granted bail with stringent conditions:
      • ₦500 million with two sureties who own landed properties within the court’s jurisdiction.
      • Sureties must provide affidavits of means, and their property titles will be verified by the court registrar.
      • Bello must surrender his international passport.
      • He will remain in Kuje Correctional Centre until bail conditions are fulfilled.

Context

This development comes amidst allegations of financial impropriety during Bello’s tenure as governor. The trial has been adjourned to February 24, 2025, for continuation.

This case underscores ongoing efforts by the EFCC to address financial mismanagement in public offices while balancing fair trial rights with accountability.

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