The Economic and Financial Crimes Commission (EFCC) has brought former Kogi State Governor, Alhaji Yahaya Bello, before the High Court of the Federal Capital Territory in Maitama for arraignment on charges related to an alleged N110.4bn fraud.
Bello is set to enter a plea in response to a 16-count indictment accusing him of complicity in the massive financial scandal.
His whereabouts had been unknown until he finally surrendered to the EFCC after a prolonged period of evading arrest.
Dressed in a white caftan and blue cap, Bello was escorted into the court by armed EFCC operatives shortly before 9 am for his appearance. He will stand trial alongside his co-defendants, Umar Oricha and Abdulsalami Hudu, before Justice Maryann Anenih.
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The charges, outlined in case CR/7781, include conspiracy, criminal breach of trust, and possession of stolen property. The EFCC alleges that Bello used state funds to acquire several high-value assets, including properties in Abuja, such as No. 35 Danube Street (N950 million), No. 1160 Cadastral Zone C03, Gwarimpa II (N100 million), and No. 2 Justice Chukwudifu Oputa Street, Asokoro (N920 million).
Additionally, the indictment includes allegations of Bello and his co-defendants acquiring properties like a hotel apartment in Dubai (worth 5,698,888 Dirhams), and multiple buildings in Abuja, including Block D Manzini Street (N170 million) and Block 18, Gwelo Street (N60 million).
The EFCC also claims the defendants transferred large sums of money to foreign accounts, including $570,330 and $556,265 to TD Bank in the USA, and unlawfully possessed N677.8 million from Bespoque Business Solution Limited.