The Economic and Financial Crimes Commission, EFCC on Wednesday, February 8, 2023, arraigned one Ali Bello, a nephew of Kogi State Governor, Yahaya Bello, before Justice Obiora Egwuatu of a Federal High Court Abuja.
Bello was docked alongside Abba Adauda, Yakubu Siyaka Adabenege, Iyada Sadat, Rashida Bello on 18 count charge bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654.00 sometime in June, 2020 in Abuja within the jurisdiction of this Honourable Court procured E- Traders International Limited to retain the aggregate sum of N3,081,804,654.
Count 3 reads, “That you, ALI BELLO, ABBA ADAUDU, RASHIDA BELLO sometime in November, 2021 in Abuja within the jurisdiction of this Honorable Court procured E-Traders International Limited to transfer the aggregate sum of $570,330 to account number no; 426-6644272 domiciled in TD Bank, United States of America, which sum you reasonably ought to have known forms part of proceeds of unlawful activity to with: criminal misappropriation, and you thereby committed an offence contrary to section 15...
However, defence counsel, Ahmed Raji SAN, prayed the court to grant his client bail pending the hearing and determination of the case. Justice Egwuatu adjourned the case till 13 February, 2023 and ordered that the defendants be remanded in a Correctional Centre pending the determination of the bail application.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: EFCC arraigns Yahaya Bello's wife, nephew over 'N3bn fraud' | TheCableThe agency said the duo were docked alongside three other persons on an 18-count charge “bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654″. Rashida is, however, said to be at large. OfficialGYBKogi Ok, now it is getting 🤔 OfficialGYBKogi Let's see how it goes.... I hope they won't be pardoned OfficialGYBKogi They will still be celebrated by the gullible people they govern on.
Source: thecableng - 🏆 2. / 80 Read more »
BREAKING: 3bn fraud: Yahaya Bello's nephew remanded in prisonThe Economic and Financial Crimes Commission, on Wednesday, February 8, 2023, arraigned one Ali Bello, a nephew of Kogi State Governor, Yahaya Bello, before Justice Obiora Egwuatu of a Federal High Court, Abuja. Looting the entire state with their families and cronies...and yet d gullible masses of the state cheer them along... Attention!!! I just want to notify the public that,there’s no problem without a solution,have you taken series of Diabetes remedies,why don’t you try Herbal mixture that can cure the Diabetes?Let’s try local herbs,Moringa can relief headache,2 much paracetamol can damage kidney. 3beeeeeeelion... Ema shofo ni
Source: MobilePunch - 🏆 8. / 63 Read more »
EFCC arraigns Kogi governor's wife, relative for alleged N3billion fraud | The Guardian Nigeria News - Nigeria and World NewsThe Economic and Financial Crimes Commission (EFCC) has arraigned Rashida, wife of Yahaya Bello, governor of Kogi and a relative for alleged fraud. Rashida was arraigned before a federal high court in Abuja alongside one Ali Bello, identified as a nephew to the Kogi governor. EFCC spokesman Wilson Uwujaren in a statement said the duo […] How do political office holders spouse get access to state fund. Criminals everywhere Hope say after the interview unah go bring the money out
Source: GuardianNigeria - 🏆 1. / 94 Read more »
BREAKING: EFCC nabs Abuja bank manager hoarding N29m new notesAn operations manager of a leading commercial bank in Abuja central area was on Monday arrested by operatives of the Economic and Financial Commission, for refusing to load the Automated Teller Machines of the bank despite having N29million of the new naira notes in the branch’s vaults, The PUNCH reports. Bank managers being caught left and right hoarding new notes to sell to their rich customers. What a joke of a nation. This is all the fault of CBN governor and the presidency. Why TF are the name of the banks not divulged !? We are our problem
Source: MobilePunch - 🏆 8. / 63 Read more »
BREAKING: EFCC finally captures Senator Nwaoboshi, moves him to Ikoyi Prisons [PHOTO]The Senator representing Delta North in the National Assembly, Peter Nwaoboshi, who has been on the run months after the Court of Appeal Lagos Division convicted and sentenced him to 7 years imprisonment for money laundering, is finally in prison custody. The lawmaker who was intercepted by operatives of the Economic and Financial Crimes Commission, …
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »
New naira: Govs, parties begin legal battle over CBN deadlineThe February 10 deadline for the currency swap announced by the Central Bank of Nigeria has pitted Governors Nasir El-Rufai of Kaduna, Yahaya Bello (Kogi) and Bello Matawalle (Zamfara) against 14 political parties which threatened to boycott the February 25 election, should the CBN extend the time limit. APC criminals crying over naria redesign 😁😁😁😁😁😁😁 Like the saying'if breeze blow,fowl yansh go open'. They're running to court now because the CBN policy has clipped their corrupt wings making it impossible to manipulate the system with stolen funds.None went to court over insecurity,crude oil theft, snake swallowing money etc It should be Govs, APC faction begins legal battle over Buhari naira redesign policy.
Source: MobilePunch - 🏆 8. / 63 Read more »