Former Kogi State Governor Yahaya Bello’s ₦80.2 billion fraud trial has begun, with EFCC presenting its first witness in court. A key real estate developer has testified about a suspicious transaction involving a property linked to the case. Read the full details now!
The trial of former Kogi State Governor, Yahaya Bello, over an alleged ₦80.2 billion fraud has commenced, with the Economic and Financial Crimes Commission (EFCC) presenting its first witness before the Federal High Court in Abuja.
Bello, who is facing a 19-count charge bordering on criminal breach of trust and money laundering, was dragged before Justice Emeka Nwite by the EFCC, which insists that the former governor violated Section 18(a) and is punishable under Section 15(3) of the Money Laundering (Prohibition) Act, 2011 (as amended).
EFCC Witness Exposes Key Links in the Alleged Fraud
During Monday’s proceedings, the EFCC’s first witness, Segun Joseph Abeleke, took the stand. Abeleke, who serves as the General Manager of EFAB Properties Limited, provided crucial testimony regarding transactions linked to the alleged fraud case.
While being cross-examined by Kemi Pinheiro, SAN, EFCC’s lead prosecutor, Abeleke confirmed his role in the real estate sector, specializing in property development in Abuja’s high-end areas such as Maitama, Asokoro, and Wuse.
He disclosed that sometime in 2020, he was summoned by his company’s chairman, Chief Dr. Fabian Nwora, who introduced him to a certain Shehu Bello, a key figure in the property transaction under investigation.
The Mysterious Property Deal: What EFCC Wants Nigerians to Know
Although the specifics of the transaction were not fully disclosed in court, EFCC prosecutors believe the property in question is linked to the alleged illicit movement of funds under Yahaya Bello’s administration.
The prosecution is expected to provide more evidence detailing how the former governor allegedly misappropriated ₦80.2 billion in state funds and diverted them through questionable financial channels.
This trial marks a critical moment in Nigeria’s anti-corruption fight, with EFCC determined to hold Bello accountable for alleged financial misconduct during his tenure as Kogi’s governor.
The case continues as more witnesses are expected to be presented by the prosecution in the coming weeks.
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