Alleged N80bn: EFCC to Arraign Yahaya Bello for Money Laundering

Today, the Economic and Financial Crimes Commission (EFCC) is set to arraign former Kogi State governor Yahaya Adoza Bello, alongside three others, before a Federal High Court in Abuja. The charges against them involve alleged money laundering totaling N80,246,470,088.88. This legal action follows a warrant of arrest issued by the court and subsequent challenges encountered during the execution of the warrant.

According to the EFCC spokesperson, Dele Oyewale, the commission faced resistance when attempting to lawfully arrest Bello, as the current Governor of Kogi State, Usman Ododo, reportedly intervened to prevent Bello’s apprehension.

The charges laid out against Bello and his associates include conspiracy to convert a substantial sum of money derived from unlawful activities, specifically criminal breach of trust. Other counts highlight allegations of aiding the concealment and transfer of illicit funds, as detailed in sections of the Money Laundering (Prohibition) Act.

In response to these developments, the EFCC has issued a warning against obstructing its operations. The commission emphasizes that obstructing its lawful duties is a criminal offense, punishable by law. They assert their commitment to upholding justice without compromise, regardless of the obstacles encountered.

It’s worth noting that the legal proceedings against Bello are in accordance with due process, as the EFCC obtained a warrant for his arrest from the Federal High Court in Abuja. This step followed an ex-parte motion filed by the EFCC, seeking the court’s permission to serve Bello with charges and evidence through alternative means, due to difficulties encountered in locating him.

The court ruling ordered Bello’s immediate arrest and mandated his appearance for arraignment. This decision underscores the judiciary’s commitment to ensuring that all individuals, regardless of their status, are held accountable before the law.

However, earlier the same day, a High Court in Lokoja, Kogi State, had issued an injunction restraining the EFCC from arresting Bello or infringing on his fundamental human rights. This legal maneuver adds a layer of complexity to the unfolding situations.

The EFCC’s pursuit of justice in the case against Yahaya Adoza Bello reflects a broader commitment to combating financial crimes and upholding the rule of law.

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