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Yahaya Bello Granted ₦500m Bail Over Alleged ₦80.2bn Fraud

Roland Bayode by Roland Bayode
December 13, 2024
in National
Reading Time: 1 min read
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Yahaya Bello Granted ₦500m Bail Over Alleged ₦80.2bn Fraud
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The Federal High Court in Abuja has granted former Kogi State Governor, Yahaya Bello, bail set at ₦500 million amid allegations of embezzling ₦80.2 billion in state funds. The Economic and Financial Crimes Commission (EFCC) had arraigned Bello on 19 charges, including criminal breach of trust and abuse of office, to which he pleaded not guilty.


Justice Emeka Nwite, who presided over the case, ruled that the bail conditions must include two sureties in like sum, each owning property within the court’s jurisdiction. Bello was also directed to surrender his international passport and will remain in Kuje Prison until the bail conditions are met.


The EFCC alleges that Bello misappropriated public funds to acquire properties both locally and internationally through intermediaries. The charges, filed under case number FHC/ABJ/CR/98/2024, accuse the former governor of financial misconduct during his time in office.


The court emphasized the importance of strict compliance with the bail conditions to prevent interference in the ongoing investigation. Justice Nwite adjourned the trial to January 29, 2025, for further proceedings.

Roland Bayode

Roland Bayode

Roland Bayode is a Nigerian journalist with expertise in investigative reporting and editorial leadership. A graduate of Mass Communication, he served as Editor-in-Chief of Echo Media at Adekunle Ajasin University and was the top intern at Premium Times Center for Investigative Journalism (PTCIJ) at Owena Press, The Hope Newspaper in Akure. Roland has contributed to News Round the Clock, PTCIJ Google-YIAGA LightRay Media, Apex Sport (U.S.), and served as Associate Editor for Nigeria Grassroot News under AFYMP.

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