The Federal High Court in Abuja, on Friday, December 13, granted bail to former Kogi state governor, Yahaya Bello, at ₦500 million.
Bello had earlier been arraigned by the Economic and Financial Crimes Commission (EFCC) on a 19-count charge of criminal breach of trust.
The charges, filed under case number FHC/ABJ/CR/98/2024, allege that Bello diverted over ₦80.2 billion belonging to Kogi State.
The funds were reportedly used to acquire properties in Nigeria and abroad through proxies.
Justice Emeka Nwite, in a ruling a moment ago, admitted Bello to bail at N500m with two sureties in like sum.
The sureties, the judge said, must have property within the court’s jurisdiction, which should be verified by a Deputy Registrar of the Court.
He ordered Bello to deposit his international passport with the court and to be remanded in Kuje prison, Abuja until he is able to meet the bail conditions.
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