• 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 Sectors Legal & Regulations

Court remands Yahaya Bello as ex-Governor seeks bail in alleged N110.4 billion fraud case 

Nnaemeka Onyekachi by Nnaemeka Onyekachi
November 27, 2024
in Legal & Regulations, Sectors
Yahaya Adoza Bello

Yahaya Adoza Bello

Share on FacebookShare on TwitterShare on Linkedin

The Federal Capital Territory High Court has remanded the former Governor of Kogi State, Yahaya Bello, and two co-defendants at the facility of the Economic and Financial Crimes Commission (EFCC), pending the determination of their bail application.

They earlier pleaded not guilty to an alleged fraud case involving N110.4 billion before Justice Maryann E. Anenih on Wednesday.

Nairametrics reports that on October 3, 2024, the court issued a public summons against Bello following his absence during a fresh arraignment on 16-count charges brought against him by the EFCC.

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

His co-defendants are Shuabu Oricha and Abdulsalami Hudu.

What transpired in Court 

Bello, Shuabu Oricha, and Abdulsalami Hudu were accused of criminal breach of trust and conspiracy to commit an offense involving N110.4 billion.

  • J.B. Daudu, SAN,  who represented the co-defendants, had earlier urged the court to proceed with the arraignment of their clients amid Bello’s absence.
  • The matter before the FCT High Court is separate from another EFCC case against the ex-governor at the Federal High Court in Abuja.
  • On Wednesday, the registrar read out the 16-count charges to the defendants, and they pleaded not guilty.
  • Counsel for Bello, J. Daudu SAN, applied for bail, stating that his client’s presence in court signaled his obedience to the summons issued to him.

“It is the stated law in the country that a defendant is innocent until proven guilty. It is within his rights to enjoy his liberty while preparing for trial,” Daudu said.

He added that the court should not consider issues from another court in determining matters before the FCT High Court.

  • In response, EFCC counsel Kemi Piniero SAN objected to the bail application.
  • He argued that Bello filed the application before his arraignment today, insisting that it contravened the rules of court.

“It is only after arraignment that the bail application can arise and be heard. The application is premature, hasty, and contradicts the meaning of bail,” he argued.

After hearing from both parties, the judge fixed December 10, 2024, for ruling.

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

Backstory 

On Tuesday, Yahaya Bello was interrogated by operatives of the Economic and Financial Crimes Commission (EFCC) over an alleged fraud case against him during his tenure as governor of Kogi State.

  • A source at the EFCC Headquarters disclosed this to Nairametrics, saying he was detained.
  • Nairametrics reports that the EFCC had applied to the Federal High Court in Abuja to try Bello in absentia after over five proceedings in which the ex-governor was absent due to pending legal disputes raised by his legal team in higher courts.
  • The EFCC later accused the Kogi State government of using its “immunity” to shield Bello.

Meanwhile, the parties approached higher courts for redress regarding Bello’s arraignment.

A Court of Appeal eventually ordered the ex-Kogi governor to appear at the trial court for arraignment.


Follow us for Breaking News and Market Intelligence.
Tags: EFCCN110.4 billion fraud caseYahaya 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
Changpeng Zhao, the founder and CEO of Binance

Changpeng Zhao knocks Memecoins, calls for more Utility Blockchain applications  

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

  • NCAA certifies Arco Aviation Academy for drone pilot training in Nigeria 
  • Dove deodorant, soap pose harm to user’s reproductive system, unborn child- NAFDAC 
  • NIMC denies blocking Nigeria Police from accessing NIN database  

Follow us on social media:

Recent News

NCAA certifies Arco Aviation Academy for drone pilot training in Nigeria 

NCAA certifies Arco Aviation Academy for drone pilot training in Nigeria 

June 6, 2025
Steps to follow in getting a NAFDAC registration for your business in 2024

Dove deodorant, soap pose harm to user’s reproductive system, unborn child- NAFDAC 

June 5, 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