• Latest
Alleged N110b fraud: Yahaya Bello arraigned in court, plead not guilty to criminal charges by EFCC

Alleged N80b Fraud: Court grants Yahaya Bello N500m bail

December 13, 2024
Peter Obi, ADC Chieftains attacked in Edo

Peter Obi, ADC Chieftains attacked in Edo

February 24, 2026
We’ll Be Truthful About Govt Policies – Information Minister, Idris

No Ransom Paid, No Militant Freed in Exchange for Niger Schoolchildren- FG

February 24, 2026
Customs Foils 154,000-Litre Fuel Diversion

Customs Foils 154,000-Litre Fuel Diversion

February 24, 2026
Presidency Breaks Silence on Egbetokun ‘s Resignation, Disu’s Appointment

Presidency Breaks Silence on Egbetokun ‘s Resignation, Disu’s Appointment

February 24, 2026
CBN Seeks To Ban BVN Violators From Banking Services

CBN Reduces Interest Rate to 26.50%

February 24, 2026
CBN Dissolves Boards of Titan Trust, Union, Keystone, Polaris Banks

CBN Okays Direct Oil Remittance to Federal Account

February 24, 2026
Breaking: Ondo Govt nullifies selection of new Aladeokun of Alade- Idanre

‘A deliberate Cocktail of Malicious Lies”-Ondo Govt Debunks Claims Against Ayedatiwa

February 24, 2026
No Explosion At Maiduguri Airport- FAAN

FAAN Confirms Reopening of MMIA After Fire Outbreak

February 24, 2026
Enugu Govt Orders Fmr Political Appointees To Hand Over

Enugu Govt Fixes N150m for Political Adverts Permit

February 24, 2026
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Wednesday, February 25, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Alleged N80b Fraud: Court grants Yahaya Bello N500m bail

by Present Nigeria
December 13, 2024
in News
0
Alleged N110b fraud: Yahaya Bello arraigned in court, plead not guilty to criminal charges by EFCC
31
SHARES
61
VIEWS
FacebookTwitterWhatsappTelegram

The Federal High Court, Abuja, on Friday, granted the immediate past Governor of Kogi State, Yahaya Bello, bail in the sum of N500 million with two sureties in like sum.

This was after the former governor had pleaded not guilty to the 19-count charges brought against him by the Economic and Financial Crimes Commission over alleged money laundering trial to the tune of N80bn.

RelatedPosts

Peter Obi, ADC Chieftains attacked in Edo

No Ransom Paid, No Militant Freed in Exchange for Niger Schoolchildren- FG

Customs Foils 154,000-Litre Fuel Diversion

When the case was called for hearing on Friday, Counsel for the EFCC, Kemi Pinheiro, SAN, notified the court of the intention of the prosecution to withdraw an earlier application for abridgment of the earlier date fixed for arraignment.

He said the application had been overtaken by events. The defendant’s counsel, led by Joseph Daudu, SAN, did not object, and Justice Emeka Nwite accordingly granted the request.

After the defendant had taken his plea, Daudu, SAN, made clarifications on the reasons he had not been in court during the previous hearings.

“I would like to place on record that for any impression that might have been created that the defendant did not wish to appear before your lordship, coincidentally, the ruling on my lord’s sitting this morning dealt with the issue of jurisdiction.

“What the defendant did was to ask his counsel to challenge the jurisdiction of the court, which got to the Court of Appeal and the Supreme Court.

“So it was not wishful disrespect, but he was only trying to defend himself. So we all hold your lordship in high esteem. If that impression must have been, he should not have presented himself for arraignment. That episode is gone, and things are clearer now,” the counsel stated.

While moving an application for bail, he assured that the former governor would always be present in court for the trial.

“I am saying this with the highest sense of responsibility that the defendant, a two-term governor of Kogi State who travelled only two times out of his eight years in service, will always be present in court at all times.

“There should be no apprehension that he will jump bail. So we urge your lordship to grant us very reasonable conditions of bail such that he will be able to bear,” the defendant’s counsel said.

He commended the prosecution counsel, saying he had conducted himself in the best tradition because the matter was not a do-or-die one.

He said they had agreed that the counsels would not stress his lordship over the issue of bail.

The prosecution counsel concurred.

Pinheiro, SAN, said, “I must express my honour to the very eminent lead senior counsel. He is a man of immense stature, not because of his size.

“I do respect him as former president of NBA. I also confirm that we have been engaging in a series of discussions to ease the burden on your lordship in compliance with Rule 26 of the Rules of Professional Ethics.

“I also note that your lordship had delivered not less than five rulings in this matter and it is our aim to ease the work. We are prosecutors, not persecutors, and EFCC is a professional commission, a prosecutorial, and not prosecutorial commission,” he said.

He added, “We accept the assurances of the very eminent SAN that the defendant will make himself available subject to your lordship’s discretionary terms that may be imposed.

“By so doing, we will ease the burden on the court. Therefore, we will not be opposing the eminent SAN’s submission.”

The prosecution counsel said though they had filed a counter-affidavit, they would not oppose the bail, going by the assurances of the learned SAN.

Ruling on the bail application, Justice Nwite said, “I have listened to the submissions of both counsels. It is not in dispute that both counsels have filed applications in respect of this.

“Based on the account exhibited by learned counsel for the defendant, which was exhibited and supported by prosecution counsel, I am minded to change my earlier stand on this matter.”

He granted the defendant N500 million bail with two sureties.

“Sureties must be landed property owners within the jurisdiction of this court. They must swear to affidavits of means. The title deeds of properties to be verified by the court registrar,” he said.

The defendant was also asked to submit his international passport, and he would remain at the Kuje Correctional Centre pending the perfection of the bail conditions.

It will be recalled that the ex-governor was earlier remanded in a fresh N110bn charge by EFCC, pending his bail application.

Meanwhile, the judge has fixed February 24, 2025, for hearing into the matter.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet8SendShareShare2
Previous Post

‘Don’t kill me as you killed alaafin’- Portable reacts as he chases Queen Dami out of rented apartment

Next Post

Troops neutralize terrorists, recover weapons in Zamfara

Related Posts

We’ll Be Truthful About Govt Policies – Information Minister, Idris

No Ransom Paid, No Militant Freed in Exchange for Niger Schoolchildren- FG

February 24, 2026
Customs Foils 154,000-Litre Fuel Diversion

Customs Foils 154,000-Litre Fuel Diversion

February 24, 2026
Presidency Breaks Silence on Egbetokun ‘s Resignation, Disu’s Appointment

Presidency Breaks Silence on Egbetokun ‘s Resignation, Disu’s Appointment

February 24, 2026
Breaking: Ondo Govt nullifies selection of new Aladeokun of Alade- Idanre

‘A deliberate Cocktail of Malicious Lies”-Ondo Govt Debunks Claims Against Ayedatiwa

February 24, 2026
Next Post
Troops neutralize terrorists, recover weapons in Zamfara

Troops neutralize terrorists, recover weapons in Zamfara

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Peter Obi, ADC Chieftains attacked in Edo

Peter Obi, ADC Chieftains attacked in Edo

February 24, 2026
We’ll Be Truthful About Govt Policies – Information Minister, Idris

No Ransom Paid, No Militant Freed in Exchange for Niger Schoolchildren- FG

February 24, 2026
Customs Foils 154,000-Litre Fuel Diversion

Customs Foils 154,000-Litre Fuel Diversion

February 24, 2026
Presidency Breaks Silence on Egbetokun ‘s Resignation, Disu’s Appointment

Presidency Breaks Silence on Egbetokun ‘s Resignation, Disu’s Appointment

February 24, 2026
  • BROKEN PROMISES: The Untold Story Of PHCN Privatization, Betrayed Workers & The Jettisoned Labour Agreement

    BROKEN PROMISES: The Untold Story Of PHCN Privatization, Betrayed Workers & The Jettisoned Labour Agreement

    199 shares
    Share 80 Tweet 50
  • PENSION ALERT FOR ALL WORKERS: A Call to Rescue Our Future from Exploitation

    174 shares
    Share 70 Tweet 44
  • Troops neutralise second-in-command to notorious bandit leader in Kogi

    146 shares
    Share 58 Tweet 37
  • The Great Betrayal Of Ex-PHCN Workers

    140 shares
    Share 56 Tweet 35
  • Yoruba Actor and Father to Skitmaker Isbae U, Sir Kay is Dead

    117 shares
    Share 47 Tweet 29

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Recent News

Peter Obi, ADC Chieftains attacked in Edo

Peter Obi, ADC Chieftains attacked in Edo

February 24, 2026
We’ll Be Truthful About Govt Policies – Information Minister, Idris

No Ransom Paid, No Militant Freed in Exchange for Niger Schoolchildren- FG

February 24, 2026
Customs Foils 154,000-Litre Fuel Diversion

Customs Foils 154,000-Litre Fuel Diversion

February 24, 2026
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.