Breaking: Again! Court grants Yahaya Bello N500m bail over N110.4b alleged fraud

Federal High Court in Abuja has granted bail in the sum of N500 million and three sureties to the former Governor of Kogi State Yahaya Bello.

The trial judge, Justice MaryAnne Anenih on Thursday made the pronouncement after listening to the fresh bail application brought before the court following the court’s refusal to grant Bello bail at the last sitting.

Bello, alongside two others, Umar Oricha and Abdulsalami Hudu, are facing trial on 16 counts preferred against them by the Economic and Financial Crimes Commission bordering on criminal breach of trust and money laundering to the tune of N110.4 billion.

The court, however, granted the second and third defendants bail in the sum of N300m with two sureties alongside other conditions.

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