Former Kogi governor Yahaya Bello granted ₦500 million bail

The Federal High Court in Abuja on Friday granted bail to Yahaya Bello, the immediate past governor of Kogi State, in the sum of ₦500 million. Justice Emeka Nwite, presiding over the case, emphasized that the decision to grant bail lies within the court’s discretion.

Bello is facing a 19-count charge filed by the Economic and Financial Crimes Commission (EFCC), including allegations of money laundering, breach of trust, and misappropriation of public funds amounting to ₦80.2 billion.

During the hearing, the EFCC counsel, Rotimi Pinheiro, informed the court of the prosecution’s decision to withdraw an earlier application to expedite the arraignment date, stating that the request had been overtaken by events. The defense counsel, J.S. Daudu, did not oppose the motion, prompting Justice Nwite to strike out the application.

He said, “I have listened to the application from both counsels. First off, bail is at the discretion of the court, whether the bail is opposed or supported. Ordinarily, based on the antecedents of this case, particularly the conduct exhibited by the defendant, I would have reconsidered the application made by the learned senior counsel for the defendant. However, based on the detour exhibited by the learned senior counsel for the defendant, J.B. Daudu (SAN), which was reciprocated by the learned senior counsel for the prosecution, Kemi Pinheiro (SAN), I am inclined to depart from our earlier position on this matter.

“In view of the foregoing, I am prepared to grant the application made by both counsel. I hereby grant bail to the defendant in the following terms: One—bail is granted to the defendant in the sum of ₦500 million, with two sureties in the like sum. The two sureties shall own landed property within the jurisdiction of this court, Abuja.

“The two sureties shall swear to an affidavit of means, and the documents of the property shall be verified by the chief deputy registrar of this honourable court. The defendant shall deposit his international passport with the chief registrar of this honourable court. The defendant and the sureties shall each deposit two recent passport photographs with the deputy chief registrar of this honourable court. The defendant shall be released upon the perfection of the bail terms. The case is adjourned to February 24, 28, and March 6 and 7, 2025, for trial.”

Bello faces a 19-count charge brought against him by the Economic and Financial Crimes Commission (EFCC), relating to money laundering, breach of trust, and misappropriation of public funds totalling ₦80.2 billion.

As part of the bail conditions, Bello must provide two sureties. The ruling marks a critical stage in the high-profile case, which continues to draw public attention due to the gravity of the charges and the amount of funds involved.