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Breaking: Governor Yahaya Bello’s Nephew, Kogi Cashier Sent To Prison Over Alleged N10bn Fraud

The Federal High Court in Maitama, Abuja, has sent one Ali Bello to prison.

The nephew to Kogi Governor Yahaya Bello and his alleged accomplice Dauda Sulaiman are being prosecuted by the Economic and Financial Crimes Commission (EFCC),

They will remain there pending the fulfilment of bail conditions.

They were remanded by Justice James Kolawole Omotosho alongside Abdulsalami Hudu, a cashier at the Kogi State House (currently at large).

The defendants face a 10-count charge of misappropriation and money laundering committed between January and December 2021.

Bello and Sulaiman are accused of fraudulently withdrawing at total of N10,270,556,800 from the state treasury.

They delivered the money to a Bureau de Change operator, Rabiu Tafada in Abuja to change to foreign currencies “for personal gains”.

The alleged offence violates sections 18 (c), 15 (2) (d) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act.

The defendants pleaded “not guilty” to the charges. Prosecution counsel, Rotimi Oyedepo (SAN) asked the court to fix a date for the commencement of trial.

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