Alleged N3bn fraud: Court grants Ali Bello, 3 others N500m bail

Alleged N3bn fraud: Court grants Ali Bello, 3 others N500m bail

THE NATION

Justice Obiora of the Federal High Court, Abuja has granted Ali Bello and 3 others bail in an alleged N3 billion fraud suit filed against them by the Economic and Financial Crimes Commission (EFCC). 

Ruling against a counter-affidavit by the EFCC counsel opposing the bail request, the judge held that the charges against the defendants were bailable and it was to enable the defendants charged with an offence to prepare adequately for their trial. 

Bello was on February 8, 2023 arraigned alongside Abba Adauda, Yakubu Siyaka Adabenege and Iyadai Sadat, on an 18-count charge before Justice Obiora Egwuatu of the Federal High Court, Abuja. 

Following their not guilty plea, Justice Egwuatu, adjourned till February 13 for hearing in their bail application. 

However, delivering ruling in the applications, Justice Egwuatu held he was inclined to admit the defendants…

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