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EFCC to Prosecute Yahaya Bello for Alleged N80.2 Billion Money Laundering on April 18th

UncategorizedEFCC to Prosecute Yahaya Bello for Alleged N80.2 Billion Money Laundering on April 18th

“EFCC to Prosecute Yahaya Bello for Alleged N80.2 Billion Money Laundering on April 18th

The Economic and Financial Crimes Commission (EFCC) is set to arraign former Kogi State governor, Yahaya Adoza Bello, before the Federal High Court in Abuja on Thursday, April 18, 2024. Alongside Bello, three other suspects – Ali Bello, Dauda Suleiman, and Abdulsalam Hudu – will face 19-count charges related to money laundering amounting to N80,246,470,088.88.

Bello’s arraignment follows a court-issued warrant of arrest on Wednesday, April 17, 2024. The charges include conspiring to convert funds, aiding in concealing funds, and indirect procurement of fund transfers, all allegedly derived from unlawful activities such as criminal breach of trust.

Despite encountering resistance during the execution of the warrant, with the security cordon around Bello’s residence in Abuja breached by the current Kogi State Governor, Usman Ododo, the EFCC exercised restraint. The agency awaits Bello’s arraignment, emphasizing that no one is above the law, and justice will be served promptly.”

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