Yahaya Bello, the former governor of Kogi, has been released from custody after meeting the bail conditions set by the Federal Capital Territory (FCT) High Court in Maitama.
Gatekeepers News reports that Bello was granted bail in the sum of N500 million on Thursday, with the trial judge, Maryann Anenih, stipulating that he must produce three sureties in like sum who are responsible citizens of Nigeria.
The sureties must own landed properties within specific areas of the FCT, including Guzape, Wuse 2, Apo, Asokoro, and Jabi. They are also required to submit two passport photographs each and other means of identification, such as their National Identification Number (NIN).
Bello’s release was celebrated by his supporters, including the current governor of Kogi, Usman Ododo. A viral video showed Bello and Ododo jubilating, surrounded by a group of people who were also celebrating his release.
Bello is facing charges related to alleged criminal breach of trust and money laundering, with the Economic and Financial Crimes Commission (EFCC) accusing him of mismanaging funds to the tune of N110,446,470,089.
The bail ruling comes barely a week after the ex-governor was granted bail in the sum of N500 million by the federal high court in Abuja, on a 19-count charge bordering on alleged money laundering to the tune of N80 billion.
