In a significant development, the Federal High Court in Abuja has granted bail to former Kogi State Governor Yahaya Bello, who is facing allegations of misappropriating ₦80.2 billion in public funds.
Justice James Omotosho, presiding over the case, announced the bail terms, which were set at ₦500 million with stringent conditions designed to ensure the defendant remains within the court’s jurisdiction pending trial.
Speaking on the importance of these conditions, Justice Omotosho underscored the need for judicial accountability, stating:
“The defendant must provide two sureties in like sum, one of whom must own a property worth ₦500 million within the Federal Capital Territory. The second surety must be a civil servant not below Grade Level 15.”
The Economic and Financial Crimes Commission (EFCC) had arraigned Bello on charges of financial misconduct, alleging that he violated various anti-corruption statutes, including the Money Laundering (Prohibition) Act. The EFCC maintains that Bello mismanaged state funds during his tenure as governor.
In his defense, Bello pleaded not guilty to all charges, asserting that his administration operated transparently and within the confines of the law.
Justice Omotosho also issued a stern warning regarding compliance with the bail conditions, emphasizing:
“The defendant shall not leave the country without the court’s permission, and he must deposit his travel documents with the court registry. Failure to adhere to these conditions will result in the revocation of bail and detention.”
The case has drawn widespread public attention, with many viewing it as a pivotal moment in Nigeria’s ongoing fight against corruption. Observers have highlighted its potential impact on the nation’s judicial and anti-corruption efforts.
The trial is scheduled to resume in January 2025, with both the prosecution and defense preparing to present their evidence and witnesses.
