The money laundering trial of Kogi Governor’s nephew and his wife resumes today, Monday, February 13.
The money laundering trial of two family members of the Kogi State Governor, Yahaya Bello: his nephew, Ali Bello; and his wife, Rashida Bello, will resume on Monday before Justice Obiora Egwuatu of the Federal High Court, Abuja.
This online gathered that Ali Bello was among four defendants remanded upon arraignment on February 8, 2023 on 18 counts bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654.00 (Three Billion, Eighty One Million, Eight Hundred and Four Thousand, Six Hundred and Fifty Four Naira).
The other defendants are Abba Adauda, Yakubu Adabenege and Iyada Sadat, according to a statement by EFCC spokesman, Wilson Uwajeren.
Count one of the charge reads, “That you, ALI BELLO, ABBA ADAUDU, YAKUBU SIYAKA ADABENEGE, IYADA SADAT, RASHIDA BELLO (at large) sometime in June, 2020 in Abuja within the jurisdiction of this Honourable Court procured E- Traders International Limited to retain the aggregate sum of N3,081,804,654.00 (Three Billion, Eighty One Million, Eight Hundred and Four Thousand, Six Hundred and Fifty Four Naira) which sum you reasonably ought to have known forms part of proceeds of unlawful activity to wit: criminal misappropriation, and you thereby committed an offence contrary to sections 18(a), 15(20)(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 preferred against them. In view of their pleas, prosecuting counsel, Rotimi Oyedepo, SAN, urged the court to give a trial date to enable the prosecution to prove its case.
However, defence counsel, Ahmed Raji (SAN) prayed the court to grant his client bail pending the hearing and determination of the case.
Justice Egwuatu remanded the defendants and adjourned the case till February 13, 2023 for hearing and determination of their bail applications.
