• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

N80.2 Billion Fraud: Yahaya Bello finally ‘visits’ EFCC amid arrest warrant 

Nnaemeka Onyekachi by Nnaemeka Onyekachi
September 18, 2024
in Business News, Legal & Regulations, Politics, Sectors
Yahaya Adoza Bello

Yahaya Adoza Bello

Share on FacebookShare on TwitterShare on Linkedin

The former Kogi State governor, Yahaya Bello, has reportedly visited the Economic and Financial Crimes Commission (EFCC) amid an N80.2 billion fraud case instituted against him.

This was disclosed in a statement on Friday, September 18, 2024, by Ohiare Michael, Director of the Yahaya Bello Media Office.

Recall that the Federal High Court in Abuja had refused to suspend the fraud case against the former governor.

RelatedStories

Emefiele: Forensic expert confirms to court how Buhari, Ex-SGF signatures were forged to withdraw $6.2 million from CBN 

Bank officials to testify as EFCC sues Ex-CBN Governor Emefiele over 753 housing units and N7.8 billion fraud 

May 31, 2025
Federal High Court, REA

Alleged $2.1m Fraud: Ex-NHIS Boss, Femi Thomas, another, face judgment on July 24 

May 30, 2025

This followed over four proceedings in which the ex-governor was absent due to legal disputes raised by his legal team.

EFCC Case 

Yahaya Adoza Bello and others were accused of conspiring in February 2016 to convert N80,246,470,088.88, allegedly obtained through a criminal breach of trust, violating Section 18(a) and punishable under Section 15(3) of the Money Laundering (Prohibition) Act, 2011, as amended.

The ex-governor denied the charges.

The anti-graft agency had also obtained a bench(arrest) warrant from the Federal High Court in Abuja against the former governor due to his non-appearance.

Bello’s legal team appealed, but the trial court ruled that the criminal case must continue in accordance with court rules.

However, separate sittings of the Appeal Court stayed the execution of all proceedings in the suits filed at the Kogi State High Court by Bello and ordered him to stand trial at the Abuja High Court.

What Bello Is Saying 

According to Ohiare Michael, Bello honored the invitation of the Economic and Financial Crimes Commission after consultations with his family, legal team, and political allies.

“The former governor, who has great respect for the rule of law and constituted authority, has all along sought the enforcement of his fundamental rights to ensure due process,” he stated.

He noted that the case has been before a competent court of jurisdiction and that Bello had been duly represented by his legal team at every hearing.

“It is important for the former governor to now honor the invitation of the EFCC to clear his name, as he has nothing to hide and nothing to fear. 

“The former governor firmly believes in the efforts of President Bola Ahmed Tinubu’s administration to place Nigeria on the path of sustainable economic development and supports the fight against corruption in the country. 

“It is on record that he was the first governor of Kogi State to implement an anti-corruption mechanism to check graft and ensure that the state’s resources benefit the people. 

“He was accompanied to the EFCC Headquarters by high-profile Nigerians,” the statement added.

Michael expressed hope that the commission would act professionally and respect Bello’s fundamental rights as a citizen of the Federal Republic of Nigeria.

A Counsel for the EFCC, Rotimi Oyedepo SAN told Naira metrics that he “was not aware” if the former governor is in custody, as of the time of this article.

More Insights 

The EFCC and other security agencies had declared Bello wanted, citing their inability to track his whereabouts or arrest him.

The EFCC accused the Kogi State government of using its “immunity” to shield Bello.

The planned arraignment of the former Kogi State governor comes amid the ongoing trial of his nephew, Alli Bello, Daudu Suleiman, and another individual for fraud.

They are accused of diverting public funds totaling N80.2 billion.

In that case, Yahaya Bello was mentioned as an accomplice in some of the counts.


Follow us for Breaking News and Market Intelligence.
Tags: EFCCN80.2 Billion FraudYahaya Bello
Nnaemeka Onyekachi

Nnaemeka Onyekachi

My name is Nnaemeka Onyekachi, a writer, public speaker and an award winning journo with over 5,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently serving as a Senior Editorial Analyst at Nairametrics, my passion lies in delivering insightful financial,corporate, economic news and analysis on foreign relations, governance, judiciary and legislature.

Related Posts

Emefiele: Forensic expert confirms to court how Buhari, Ex-SGF signatures were forged to withdraw $6.2 million from CBN 
Financial Services

Bank officials to testify as EFCC sues Ex-CBN Governor Emefiele over 753 housing units and N7.8 billion fraud 

May 31, 2025
Federal High Court, REA
Legal & Regulations

Alleged $2.1m Fraud: Ex-NHIS Boss, Femi Thomas, another, face judgment on July 24 

May 30, 2025
FCT High Court, Benjamin Joseph, zinox
Financial Services

Court agrees on June 4 arraignment of SunTrust MD over alleged $12 million money laundering case 

May 28, 2025
Bank customers with CBN rise to 57 million in April 2023
Business News

Former aide admits no record of alleged $400,000 payment to ex-CBN Gov. Godwin Emefiele

May 27, 2025
Suspension of Emefiele was long foreseen – Uwaleke
Business News

FG to sell 753-unit estate recovered from former CBN Governor Emefiele to Nigerians 

May 21, 2025
efcc
Business News

Witness testifies in EFCC’s alleged N1.9bn fraud case against Works Ministry Director, Surveyor 

May 17, 2025
Next Post
Keystone bank

Keystone Bank announces Ada Chukwudozie as Chairperson, others as Board members

Leave a Reply Cancel reply

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

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • EU to invest €10.4 million in Nigeria solar for health project to power primary healthcare centres
  • AMCE receives $75 Million donation for subsidization of Sickle cell cure in Nigeria, others -  CEO 
  • Nigeria partners UNICEF to train 20 million youths in digital skills by 2030 

Follow us on social media:

Recent News

EU faces widening skilled labor shortage, looks to recruit foreign workers

EU to invest €10.4 million in Nigeria solar for health project to power primary healthcare centres

June 3, 2025
AMCE receives $75 Million donation for subsidization of Sickle cell cure in Nigeria, others -  CEO 

AMCE receives $75 Million donation for subsidization of Sickle cell cure in Nigeria, others -  CEO 

June 3, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics