Sunday, July 20, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home News

Alleged N110.4billion Fraud: Court Denies Yahaya Bello  Bail, Orders his Remand in Kuje Correctional Centre

Bello, alongside Umar Shuaibu Oricha and Abdulsalami Hudu are being prosecuted by the Economic and Financial Crimes Commission, EFCC on a 16-count charge of criminal breach of trust and money laundering to the tune of N110.4 billion.

Newsroom Nigeria by Newsroom Nigeria
December 10, 2024
in News
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

Related posts

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

July 18, 2025
Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025

Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025

July 18, 2025

Justice Maryann Anineh of the Federal Capital Territory (FCT ) High Court, Maitama, Abuja, on Tuesday, December 10, 2024, refused to grant bail to former Kogi State governor, Yahaya Adoza Bello on the ground that his bail application was filed prematurely and intended to preempt the court.

Bello, alongside Umar Shuaibu Oricha and Abdulsalami Hudu are being prosecuted by the Economic and Financial Crimes Commission, EFCC on a 16-count charge of criminal breach of trust and money laundering to the tune of N110.4 billion.

Delivering ruling on Bello’s bail application, the judge held that the application filed on November 22, 2024, was incompetent as it predated his arrest by the EFCC on November 26 and his arraignment on November 27, clarifying that a bail application only becomes ripe for hearing after the defendant’s arraignment.

“Having been filed when the first defendant was neither in custody nor before the court, this application is premature and hereby refused,” she said. On the other hand, Bello’s co-defendants were admitted to bail. Oricha was granted bail in the sum of N300 million with two sureties in like sum. The sureties, the judge held, must be Nigerian citizens with landed properties within the court’s jurisdiction. The title documents of the lands as well as his passport must be deposited with the court registrar, and he will have to remain in Kuje Correctional Centre until he meets the bail conditions.

Hudu’s bail was on the same financial term. His sureties must own properties in Maitama, Abuja, and must depose affidavits of means, and submit two recent passport photographs, and travel documents to the court. He was barred from traveling outside the country without the instruction of the court and will remain in the custody of Kuje Correctional Centre until he fulfils his bail conditions.

Following the ruling, prosecution counsel Chukwudi Enedini, SAN prayed the court for a trial date. Justice Anineh adjourned the matter till January 29, February 25, and February 27, 2025, and ordered that Bello be remanded in Kuje Correctional Centre.

ShareTweetSendShareShare
Previous Post

TINUBU APPOINTS SHAMSELDEEN BABATUNDE OGUNJIMI AS THE ACTING ACCOUNTANT GENERAL OF THE FEDERATION

Next Post

AMBASSADOR ELLA CHARGES EXPERTS IN HYDROCARBON TO MAKE THE NATION PROUD

Related Posts

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS
BANKING

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

July 18, 2025
Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025
BANKING

Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025

July 18, 2025
Court Jails 14 Chinese for Cyberterrorism, Internet Fraud in Lagos
JUDICIARY

Alleged N6.9bn Fraud:  EFCC to Appeal  Fayose’s Acquittal

July 16, 2025
VIEWPOINT: FROM ANTAGONIST TO PROMOTER: GOODBYE PRESIDENT BUHARI, BY RAHEEM ADEDOYIN
Across the Nation

VIEWPOINT: FROM ANTAGONIST TO PROMOTER: GOODBYE PRESIDENT BUHARI, BY RAHEEM ADEDOYIN

July 15, 2025
Polaris Bank Commits to continuous Investment in Journalism Excellence
Media and Press

Polaris Bank Commits to continuous Investment in Journalism Excellence

July 15, 2025
BUHARI WAS A PATRIOT, A SOLDIER AND A STATESMAN – TINUBU MOURNS HIS PREDECESSOR
News

BUHARI: FG RELEASES BURIAL PLANS,   POSTPONES FEC MEETING AND DECLARES SEVEN DAYS OF MOURNING

July 14, 2025
Next Post

AMBASSADOR ELLA CHARGES EXPERTS IN HYDROCARBON TO MAKE THE NATION PROUD

RECOMMENDED NEWS

PRESIDENT TINUBU ARRIVES ROME FOR POPE LEO’S INAUGURATION

2 months ago

Alleged N19m Fraud: EFCC Re-arraigns Adebayo in Lagos 

6 months ago

ADEGOKE: HOTEL TAMPERED WITH LODGER’S ACCOUNT: RECEPTIONIST REVEALS AS PARTIES ADOPT FINAL ADDRESSES IN JUNE

3 years ago

Hashim to Opposition Politicians: Ethnic Blackmail Is a Dead Strategy, Face Real Development Issues

3 months ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • LLS MENTOR, OLUMIDE FUSIKA, SAN, BURIES DAD WITH STYLE AND PANACHE, PAYS GLOWING TRIBUTE TO LATE FATHER

    LLS MENTOR, OLUMIDE FUSIKA, SAN, BURIES DAD WITH STYLE AND PANACHE, PAYS GLOWING TRIBUTE TO LATE FATHER

    0 shares
    Share 0 Tweet 0
  • TINUBU APPOINTS BABANGIDA CHAIRMAN OF THE BANK OF AGRICULTURE

    0 shares
    Share 0 Tweet 0
  • TINUBU RECEIVES REMAINS OF FORMER PRESIDENT BUHARI IN KATSINA AHEAD OF FINAL RITES IN DAURA

    0 shares
    Share 0 Tweet 0
  • THANK YOU BUHARI, NIGERIA WILL REMEMBER YOU – TINUBU

    0 shares
    Share 0 Tweet 0
  • PRESIDENT TINUBU, VP SHETTIMA, DIGNITARIES BID FAREWELL AS FORMER PRESIDENT BUHARI LAID TO REST IN DAURA

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.