- He is standing trail for an alleged money laundering to the tune of N80bn but pleaded not guilty to all the charges
The embattled former governor of Kogi State, Yahaya Bello, has been admitted to bail in his ongoing money laundering case.
The Federal High Court, Abuja, granted Bello bail on Friday in the sum of N500 million with two sureties in like sum.
The former governor bail followed his not guilty plea to the 19-count charges brought against him by the Economic and Financial Crimes Commission.
He is standing trail for an alleged money laundering to the tune of N80bn but pleaded not guilty to all the charges.
When the case came up for hearing on Friday, Counsel for the EFCC, Kemi Pinheiro, SAN, informed the court of the intention of the prosecution to withdraw an earlier application for abridgment of the earlier date fixed for arraignment.
He said the application had been overtaken by events. The defendant’s counsel, led by Joseph Daudu, SAN, did not object, and Justice Emeka Nwite accordingly granted the request.
After the defendant had taken his plea, Daudu, SAN, disclosed why he had not been in court during the previous hearings.
“I would like to place on record that for any impression that might have been created that the defendant did not wish to appear before your lordship, coincidentally, the ruling on my lord’s sitting this morning dealt with the issue of jurisdiction.
“What the defendant did was to ask his counsel to challenge the jurisdiction of the court, which got to the Court of Appeal and the Supreme Court.
“So it was not wishful disrespect, but he was only trying to defend himself. So we all hold your lordship in high esteem. If that impression must have been, he should not have presented himself for arraignment. That episode is gone, and things are clearer now,” the counsel stated.
While moving an application for bail, he assured that the former governor would always show up in court for the trial.
“I am saying this with the highest sense of responsibility that the defendant, a two-term governor of Kogi State who travelled only two times out of his eight years in service, will always be present in court at all times.
“There should be no apprehension that he will jump bail. So we urge your lordship to grant us very reasonable conditions of bail such that he will be able to bear,” the defendant’s counsel said.
He commended the prosecution counsel, saying he had conducted himself in the best tradition because the matter was not a do-or-die one.
He said they had agreed that the counsels would not stress his lordship over the issue of bail.
The prosecution counsel concurred.
Pinheiro, SAN, said, “I must express my honour to the very eminent lead senior counsel. He is a man of immense stature, not because of his size.
“I do respect him as former president of NBA. I also confirm that we have been engaging in a series of discussions to ease the burden on your lordship in compliance with Rule 26 of the Rules of Professional Ethics.
“I also note that your lordship had delivered not less than five rulings in this matter and it is our aim to ease the work. We are prosecutors, not persecutors, and EFCC is a professional commission, a prosecutorial, and not prosecutorial commission,” he said.
He added, “We accept the assurances of the very eminent SAN that the defendant will make himself available subject to your lordship’s discretionary terms that may be imposed.
“By so doing, we will ease the burden on the court. Therefore, we will not be opposing the eminent SAN’s submission.”
The prosecution counsel said though they had filed a counter-affidavit, they would not oppose the bail, going by the assurances of the learned SAN.
Ruling on the bail application, Justice Nwite said, “I have listened to the submissions of both counsels. It is not in dispute that both counsels have filed applications in respect of this.
“Based on the account exhibited by learned counsel for the defendant, which was exhibited and supported by prosecution counsel, I am minded to change my earlier stand on this matter.”
He granted the defendant N500 million bail with two sureties.
“Sureties must be landed property owners within the jurisdiction of this court. They must swear to affidavits of means. The title deeds of properties to be verified by the court registrar,” he said.
The defendant was also asked to submit his international passport, and he would remain at the Kuje Correctional Centre pending the perfection of the bail conditions.
It will be recalled that the ex-governor was earlier remanded in a fresh N110bn charge by EFCC, pending his bail application.
Meanwhile, the judge has fixed February 24, 2025, for hearing into the matter
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