Co-defendants seek bail as Kogi first lady Rashida Bello disappears with multibillion-naira loot

The hearing in the bail application filed by Ali, identified as a nephew to Governor Yahaya Bello of Kogi and others, was on Monday stalled at the Abuja Division of the Federal High Court.
The Economic and Financial Crimes Commission (EFCC) had, on February 8, arraigned Mr Bello and three others before Justice Obiora Egwuatu.
They were arraigned on an 18-count charge of money laundering and misappropriation of about N3 billion.
The three other co-defendants are Abba Adauda, Yakubu Adabenege and Iyada Sadat, while Rashida Bello was said to be at large.
According to the EFCC, the defendants committed the crime in 2020.
Mr Bello and others, however, pleaded not guilty to the charges said to violate 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 judge then adjourned the case till today and ordered that the defendants be remanded in a correctional centre pending the determination of the bail application.
Upon resumed hearing on Monday, counsel to the defendants, Ahmed Raji, SAN, informed that a bail application was filed on February 8.
However, Mr Raji said the EFCC served him a counter affidavit in opposition to the bail plea on Friday at about 4:00 p.m.
“Accordingly, we were handicapped. We couldn’t put in our reply until this morning,” he said.
He urged the court to deem the processes properly filed under the FHC Practice Direction.
But Justice Egwuatu said he was yet to see the anti-graft agency’s counter affidavit in the court file.
Responding, EFCC’s lawyer, M.K. Hussein, said though the commission filed the counter affidavit, it was mistakenly sent to another court.
The judge, consequently, adjourned the matter until Tuesday for a hearing.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Education
Three secondary school students arrested during cult initiation in Ogun
The command spokesperson, Oluseyi Babaseyi, told journalists on Friday that one suspect is 12 years old, while the other two are 18.

States
FG begins construction of 120MVA transmission substation in Katsina
Mr Olasunkanmi commended President Bola Tinubu for supporting investments in the power sector.

NationWide
Japan’s JICA provides $10.4 million grant for Nigeria’s innovation hub
The Japanese ambassador to Nigeria said Japan’s support for Nigeria’s startup ecosystem focused on strengthening institutions.

Port Harcourt
2027: Rainbow Coalition promoting unity, stability in FCT, Wike says
Mr Wike cautioned voters against political gamblers and online rhetoric, urging residents to focus on tangible achievements.

Economy
Woman killed in stampede as Gov Otu’s wife shares empowerment items
Police said the incident occurred at about 3:30 p.m. during the programme attended by the governor’s wife, Eyoanwan Otu, and her entourage.

Economy
15 ships carrying imported fuel, food, containers expected at Lagos ports: NPA
Fifteen ships carrying petroleum products, food items and other goods are expected at the Apapa and Tin Can Island ports in Lagos between Friday and Wednesday.





