FCT Court Grants Yahaya Bello N500m Bail

December 13, 2024 Stan

The Federal High Court sitting in Abuja has granted bail to former governor of Kogi State, Yahaya Bello, in the sum of N500 million, with two sureties.

Justice Emeka Nwite who presided over the court session on Friday ordered that the two sureties must swear to an affidavit of means and must be owners of Properties in Abuja.

In addition, the title documents of the properties, which must be in Abuja, will be verified by the Deputy Chief Registrar of the court.

The judge also ordered that the Mr. Bello must deposit his international passport with the court, while he and his two sureties are also to deposit two recent passport photographs with the court.

He also ruled that the former governor must be remanded in the Kuje Correctional Center in Abuja pending the perfection of his bail conditions.

He said: “I have listened to the application from both counsels. First off, bail is at the discretion of the court, whether the bail is opposed or supported.

“Ordinarily, based on the antecedents of this case, particularly the conduct exhibited by the defendant, I would have reconsidered the application made by the learned senior counsel for the defendant.

“However, based on the detour exhibited by the learned senior counsel for the defendant, J.B. Daudu (SAN), which was reciprocated by the learned senior counsel for the prosecution, Kemi Pinheiro (SAN), I am inclined to depart from our earlier position on this matter.

“In view of the foregoing, I am prepared to grant the application made by both counsel.

“I hereby grant bail to the defendant in the following terms: One—bail is granted to the defendant in the sum of ₦500 million, with two sureties in the like sum.

“The two sureties shall own landed property within the jurisdiction of this court, Abuja.

“The two sureties shall swear to an affidavit of means, and the documents of the property shall be verified by the chief deputy registrar of this honourable court.

“The defendant shall deposit his international passport with the chief registrar of this honourable court. The defendant and the sureties shall each deposit two recent passport photographs with the deputy chief registrar of this honourable court.

“The defendant shall be released upon the perfection of the bail terms. The case is adjourned to February 24, 28, and March 6 and 7, 2025, for trial.”

Bello faces a 19-count charge brought against him by the Economic and Financial Crimes Commission, relating to money laundering, breach of trust, and misappropriation of public funds totalling ₦80.2 billion.