Court adjourns Ali Bello, co-defendant’s case till June 19

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Ali Bello News

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A Federal High Court in Abuja on Monday adjourned an amended money-laundering charge instituted against Ali Bello and his co-defendant, Daudu Sulaiman, by the Economic and Financial Crimes Commission (EFCC) until June 19.

A Federal High Court in Abuja on Monday adjourned an amended money-laundering charge instituted against Ali Bello and his co-defendant, Daudu Sulaiman, by the Economic and Financial Crimes Commission until June 19.

At the resumed hearing, Oyedepo presented Egoro, a staff of Access Bank from the Compliance Unit, as the 6th prosecution witness of the Commission. The witness thereafter went through the statement of account, detailing the various deposits into and withdrawals from same via transfers and cash.The witness also did not state who deposited the monies, what the monies were deposited for or who withdrew the same and for what purpose before concluding his testimony for the day.

It would be recalled that Ali Bello and Dauda Suleiman, in the charge marked: FHC/ABJ/CR/550/2022, are standing trial on a 10-count charge bordering on money laundering brought against them by the anti-graft agency.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The Nigerian Electricity Regulatory Commission has revealed why electricity distribution companies were ordered to reduce the tariff for Band A feeders. The eleven Discos on Monday announced the reduction of the cost of electricity tariff on Band A feeders from NGN225/kWh to NGN206.8/kWh. The management of NERC in a statement disclosed the reason…

The Governor of the Central Bank of Nigeria , says monitoring and evaluation of development projects is crucial to the overall success of such projects.

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