Close Menu
    What's Hot

    2027: Opposition Events’ Coalition In opposition to Tinubu Useless On Arrival – KUIMCA DG

    July 8, 2025

    Nigeria guidelines out nuclear weapons pursuit, says focus is on addressing poverty and local weather change 

    July 8, 2025

    2027: I’m Working for President, Not Atiku’s VP – Obi

    July 8, 2025
    Facebook X (Twitter) Instagram
    Politics Today
    • Home
    • Nigeria
    • Breaking
    • Business
    • Politics
    • Trends
    Facebook X (Twitter) Instagram
    Politics Today
    Home » BREAKING: Courtroom denies Yahaya Bello bail, grants co-defendant N300 million bail in ‘N110.4 billion fraud case’ 
    Business

    BREAKING: Courtroom denies Yahaya Bello bail, grants co-defendant N300 million bail in ‘N110.4 billion fraud case’ 

    By December 10, 2024No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Federal Capital Territory Excessive Courtroom has rejected the bail request of the previous Governor of Kogi State, Yahaya Bello, within the alleged N110.4 billion fraud case instituted by the Financial and Monetary Crimes Fee (EFCC).

    Bello’s co-defendant, Shuabu Oricha was additionally granted N300 million bail by the court docket as of the time of this report.

    Bello and two co-defendants had earlier pleaded not responsible to an alleged fraud case involving N110.4 billion earlier than Justice Maryann E. Anenih.

    Nairametrics experiences that on October 3, 2024, the court docket issued a public summons in opposition to Bello following his absence throughout a contemporary arraignment on 16-count costs introduced in opposition to him by the EFCC.

    His co-defendants are Shuabu Oricha and Abdulsalami Hudu.

    Bello, Shuabu Oricha, and Abdulsalami Hudu have been accused of prison breach of belief and conspiracy to commit an offense involving N110.4 billion.

    J.B. Daudu, SAN,  who represented the co-defendants, had earlier urged the court docket to proceed with the arraignment of their purchasers amid Bello’s absence.

    The matter earlier than the FCT Excessive Courtroom is separate from one other EFCC case in opposition to the ex-governor on the Federal Excessive Courtroom in Abuja.

    On Wednesday, the registrar learn out the 16-count costs to the defendants, they usually pleaded not responsible.

    Counsel for Bello, J. Daudu SAN, utilized for bail, stating that his consumer’s presence in court docket signaled his obedience to the summons issued to him.

    “It’s the said legislation within the nation {that a} defendant is harmless till confirmed responsible. It’s inside his rights to take pleasure in his liberty whereas getting ready for trial,” Daudu stated.

    He added that the court docket shouldn’t contemplate points from one other court docket in figuring out issues earlier than the FCT Excessive Courtroom.

    In response, EFCC counsel Kemi Piniero SAN objected to the bail utility.

    He argued that Bello filed the appliance earlier than his arraignment at the moment, insisting that it contravened the foundations of court docket.

    “It is just after arraignment that the bail utility can come up and be heard. The appliance is untimely, hasty, and contradicts the which means of bail,” he argued.

    After listening to from each events, the choose fastened December 10, 2024, for ruling.

    Nonetheless, she ordered that Bello and his co-defendants be remanded on the EFCC facility pending her ruling.

    Ruling on the bail purposes, the choose stated granting of bail must be determined judicially and judiciously within the curiosity of justice.

    She stated the problem is whether or not the court docket can train its discretion in granting Yahaya Bello bail.

    She stated the provisions of the Administration of Prison Justice Act state {that a} suspect who’s arrested and arraigned is entitled to bail.

    She noticed that as of November 22, 2024, when Bello filed the bail utility, he had not but been arraigned.

    Citing a verdict of the Supreme Courtroom, she stated a authorized motion is claimed to be “untimely” when it’s filed previous to the establishment of information in court docket.

    “This bail utility introduced by the primary defendant(Yahaya Bello) is hereby struck out, ” the choose stated, agreeing with EFCC’s line of submission.

    On the bail request of Shuabu Oricha(second defendant), the choose famous that he has been granted administrative bail by the EFCC.

    She subsequently granted him N300 million with two sureties in like sum who should personal property at Maitama District, Abuja.

    She dominated that the second defendant shall deposit all his journey paperwork with the court docket and shall not journey in another country.

    She dominated that the second defendant shall stay on the Kuje Correctional Centre pending perfection of the bail circumstances

    The court docket stood down for some minutes to rule on the bail request of the third defendant.

    Final week, Yahaya Bello was interrogated by operatives of the Financial and Monetary Crimes Fee (EFCC) over an alleged fraud case in opposition to him throughout his tenure as governor of Kogi State.

    economy
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

      Related Posts

      Nigeria guidelines out nuclear weapons pursuit, says focus is on addressing poverty and local weather change 

      July 8, 2025

      NIPOST denies drug trafficking report, says it by no means linked courier abuse to Tinubu’s administration 

      July 8, 2025

      Saudi Arabia introduces new skill-based work allow system for expatriates 

      July 7, 2025

      Comments are closed.

      TRENDING

      MKO Abiola’s Victory Nullified With out My Consent – Babangida

      By Todays PoliticsFebruary 20, 20250

      Former navy president Ibrahim Badamasi Babangida (IBB) has revealed that the annulment of the June…

      Business

      CBEX: Reps warning celebrities and influencers in opposition to selling unregistered funding schemes in Nigeria 

      By April 17, 20250

      The Home of Representatives on Thursday has cautioned public figures, celebrities and influencers in opposition…

      Trends

      Senate Passes Invoice for Institution of Federal Medical Centre, Gembu

      By Todays PoliticsMay 23, 20250

      The Nigerian Senate has handed the Federal Medical Centre Act (Modification) Invoice, which seeks to…

      Politics

      ADC Diaspora Seeks Inclusion, Holds Stakeholders’ Parley

      By June 10, 20250

      Former Minister of Well being, Prof. Adenike Grange, and former Member of the European Parliament,…

      Top Posts
      Business

      Nigeria guidelines out nuclear weapons pursuit, says focus is on addressing poverty and local weather change 

      July 8, 2025
      Business

      NIPOST denies drug trafficking report, says it by no means linked courier abuse to Tinubu’s administration 

      July 8, 2025
      Business

      Saudi Arabia introduces new skill-based work allow system for expatriates 

      July 7, 2025
      Business

      NiMet forecasts thunderstorms and heavy rains throughout Nigeria from Monday to Wednesday 

      July 7, 2025

      Type above and press Enter to search. Press Esc to cancel.