The Federal High Court in Abuja on Monday adjourned hearing on a bail application filed by Kogi State Governor Yahaya Bello’s nephew, Ali Bello, in a N3 billion money laundering trial.
At Monday’s proceedings, Ahmed Raji, the defence lawyer, acknowledged receipt of the prosecution’s objection to his client’s bail request. Mr Bello and his co-defendants, who have been remanded since last Wednesday , would have to stay at least one day longer in detention until their bail application would be heard and possibly granted on Tuesday., on 8 February, arraigned Mr Bello alongside Abba Adauda, Yakubu Siyaka Adabenege and Iyada Sadat on money laundering charges. The offences, according to the anti-graft agency, involved alleged misappropriation of over N3 billion.
But Ahmed Raji, also SAN, urged the court to grant his clients bail pending the hearing and determination of the suit.In count one of the charges, the EFFC said the defendants and Mrs Bello in Abuja sometime in June 2020 “procured E- Traders International Limited to retain the aggregate sum of N3,081,804,654.00 which…forms part of proceeds of unlawful activity to wit: criminal misappropriation.”
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