The Federal Capital Territory (FCT) High Court has ordered Yahaya Bello, the former governor of Kogi state, to remain in the custody of the Economic and Financial Crimes Commission (EFCC) .
This ruling was passed by tonne day ill on Wednesday turning ;belle I’s a money dryer. The court has rolled its decision on whether to bail the applicant until December 10 2024.
The EFCC recently bring up Two testator with Yahaya bello and Idris Umar nicknamed Oricha and Abdulsalami Hudu, on the total of 16 counts involving more than N110billion.
Amongst these charges there are the common law offences of conspiracy and criminal breach of trust as well as possession of instruments of crime in regard to the property or properties under CR/7781.
The allegations seem to be put forward by Bello caused the depletion of state funds from Kogi swhich briefly purchased valuables that include an edifice on Danube Street of Maitama, Abuja which was worth N950,000,000 ; Acquisition of Cadastral Head C03 area within Gwarimpa II District, N100,000,000 Acquisition of marital home on justice Chukwudifu Oputa Street Asokoro Abuja worth N920,000,000.
To add on, it is alleged that the ex-governor also acquired other properties with money traceable to Kogi State. These are among other things a building located at Manzini street Wuse Zone 4, Abuja (N170 million), a hotel apartment in Burj Khalifa, Dubai worth AED 5,698,888, a res