The Federal Capital Territory High Court has granted bail to former Kogi State Governor, Yahaya Bello, in a N500 million money laundering case.
Justice Maryann Anenih ruled on Thursday, allowing Bello to be released from detention, pending trial. The ex-governor is facing allegations of laundering N110 billion, along with two co-defendants.
Bello’s legal team had earlier filed a bail application, which was initially refused by the court on December 10. The judge had ruled that the application was prematurely filed, as the defendant was not in custody. However, the defense team re-filed a fresh application, which was considered on Thursday.
Justice Anenih granted the former governor bail on the condition that he provide three sureties, each with the same N500 million value. The sureties must be prominent Nigerians with landed property in specific areas of Abuja, including Maitama, Jabi, Utako, and Garki. Bello is also required to deposit his passport and other travel documents with the court.
In court on Thursday, Yahaya Bello’s counsel, Joseph Daudu, SAN, informed the judge that discussions had been held with the prosecution, aiming for a speedy trial. The prosecution, led by Olukayode Enitan, SAN, confirmed that they were cooperative, ensuring no delay in the trial process.
Bello’s bail was granted in recognition of the bailable nature of the charges against him. His co-defendants, who also face similar charges, were earlier granted bail under comparable conditions. The case has now been adjourned until January 29, 2024, for further proceedings.
While the bail was granted, Bello must remain in Kuje Correctional Centre until the bail conditions are fully met. This ruling has raised hopes for the expeditious resolution of the case.
