EFCC After Yahaya Bello for N80.2 Billion Money Laundering: EFCC Charges

0
86

Toba Owojaiye reporting
Abuja , Nigeria

The Economic and Financial Crimes Commission (EFCC) is set to arraign Yahaya Adoza Bello, a former governor of Kogi State, alongside three other suspects, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu, before a Federal High Court in Abuja on April 18, 2024.

Truth Live News gathered that the charges against them involve alleged money laundering totaling N80,246,470,088.88. This comes after the EFCC obtained a warrant of arrest and enrolment order from the court on April 17, 2024.

Among the charges, one alleges a conspiracy to convert the aforementioned sum, which was purportedly proceeds of unlawful activities. Additionally, Bello is accused of aiding a company to conceal a substantial amount in an Access Bank account and indirectly facilitating the transfer of funds to a TD Bank account in the United States.

Efforts to execute the warrant of arrest faced resistance when the current Governor of Kogi State, Usman Ododo, intervened, escorting Bello away from his residence in Abuja. Despite this, the EFCC maintained its stance and awaited the scheduled arraignment.

Leave a reply

Please enter your comment!
Please enter your name here