NewsdeckNewsdeck
  • Home
  • Features
    • Featured
    • Health News
    • COVID’19
    • Contact
  • News
    • Tech
    • Entertainment
  • Politics
  • Business
    • Economy and Investment
    • Science
  • Sports
  • Contact Us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 2023

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023
Facebook Twitter Instagram
  • About Us
  • Contact Us
Facebook Twitter Instagram
NewsdeckNewsdeck
  • Home
  • Features
    1. Featured
    2. Health News
    3. COVID’19
    4. Contact
    5. View All

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023

    84 Year Old Quack Surgeon Nabbed In Cross River State

    January 9, 2023

    COVID-19: China Approves World’s First Inhalable Vaccine

    September 5, 2022

    Lagos Suspends Guidelines On Safe Abortion

    July 8, 2022

    Lagos To Vaccinate Five Million Children Against Measles 

    June 16, 2022

    WHO Committed To Support DPR Korea Respond To COVID-19 Pandemic

    May 16, 2022

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023
  • News
    1. Tech
    2. Entertainment
    3. View All

    Google Lays-Off 12,000 Workers Worldwide 

    January 20, 2023

    How To Keep MTN, Airtel, Glo And 9mobile Numbers 

    November 9, 2022

    Wise Will Stop Processing USD To Nigeria

    October 14, 2022

    Stears Inc Raises $3.3 Million Seed Fund

    October 12, 2022

    Yemi Alade Allegedly Ties the Knot With Long Time Manager, Taye Aliyu 

    January 29, 2023

    Yemi Alade Allegedly Pregnant For Togo President 

    January 26, 2023

    Sammie Okposo Died In His Sleep, Says Manager 

    November 27, 2022

    Popular Gospel Singer, Sammie Okposo Is Dead

    November 25, 2022

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    2023: EFCC Deploys Teams To Monitor Guber Polls

    March 17, 2023
  • Politics

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023

    INEC Declares Sanwo-Olu Winner Of Lagos Governorship Poll

    March 20, 2023

    Makinde Re-elected As Oyo Governor 

    March 19, 2023

    Rhodes-Vivour Cast His Vote, Accuses APC Of Suppressing, Intimidating Voters In Lagos

    March 18, 2023

    Sanwo-Olu Cast His Vote

    March 18, 2023
  • Business
    1. Economy and Investment
    2. Science
    3. View All

    Dollar To Naira Today 5th August 2022

    August 5, 2022

    Russia Stops Gas Supplies to Poland, Bulgaria Over Failing To Pay In Roubles

    April 27, 2022

    Zulum Wins APC Guber Ticket, Says Rule Me Out Of Vice President Race 

    May 27, 2022

    Sanwo-Olu Signs N1.76 Trillion Lagos Budget Into Law 

    January 28, 2023

    Dangote Group Emerges ‘Overall Most Responsible Business’ At SERAS 2022 Sustainability Awards

    December 11, 2022

    CBN Limits Cash Withdrawal To ₦100,000 Weekly 

    December 7, 2022

    Fourth Mainland Bridge: Lagos Shortlists Three Bidders For RFP Stage II

    November 27, 2022
  • Sports

    Cristiano Ronaldo To Leave Man United With Immediate Effect As Contract Terminated 

    November 23, 2022

    Chelsea FC Sack Head Coach, Thomas Tuchel

    September 7, 2022

    Man City Win 2021/2022 English Premier League 

    May 23, 2022

    Fresh From Prison, Brazilian Returnee Rumbled At Port Harcourt Airport For Importing Cocaine

    May 22, 2022

    Liverpool Defeat Chelsea On Penalties, Lifts FA Cup

    May 14, 2022
  • Contact Us
NewsdeckNewsdeck
Home»Featured»Alleged 3bn Scam:  Kogi Governors Nephew, Others To Remain In Prison Until Feb. 20
4 Mins Read

Alleged 3bn Scam:  Kogi Governors Nephew, Others To Remain In Prison Until Feb. 20

NewsdeckBy NewsdeckFebruary 15, 2023No Comments4 Mins Read Featured
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp

Justice Obiora Egwuatu of the Federal High Court sitting in Abuja, has adjourned ruling on the bail application filed by Ali Bello, nephew of the Kogi State Governor,   Yahaya Bello, and  four others in a N3 billion money laundering trial to Monday,  February 20,   2023.

At the resumed proceedings on the case on Tuesday, February 14, defence counsel, Ahmed Raji, SAN, informed the court of two motions filed on February 7, 2023, seeking the withdrawal and replacement of the initial applications of January 26, 2023 on behalf of the defendants. 

In the supporting affidavits, Raji  prayed the court to grant the first defendant and others  bail “on the most liberal terms”, stating that the defendants are law -abiding citizens.

“My lord, it has been more than a year since the EFCC has been investigating them and they were admitted to bail which they have not jumped, even once. In fact, the fourth defendant at a time, got his passport back and was permitted by the EFCC to travel to Mecca and he came back,” he said.

However, prosecution counsel, Kabiru Hussini, relying on  a seven- paragraph counter affidavit, faulted Raji’s claims.  

“My lord, our written addresses oppose the application for bail, because we believe that in the interest of this case,  the defendants have every tendency to jump bail, because they have all the influence, resources and power to intimidate our witnesses and tamper with evidence in this case”, he said.

Justice Egwuatu adjourned to  February 20 2023,  for ruling on the  bail application.

 Bello and four others, were docked on Wednesday, February 8, 2023 on 18 count charges 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 four defendants are Abba Adauda, Yakubu Siyaka Adabenege, Iyada Sadat and Rashida Bello( at large).

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”.

Count 3 reads, “That you, ALI BELLO, ABBA ADAUDU, RASHIDA BELLO (at large) sometime in November, 2021 in Abuja within the jurisdiction of this Honorable Court procured E-Traders International Limited to transfer the aggregate sum of $570,330 (Five Hundred and Seventy Thousand, Three Hundred and Thirty United States Dollars) to account number no; 426-6644272 domiciled in TD Bank, United States of America, which sum you reasonably ought to have known forms part of proceeds of unlawful activity to with: criminal misappropriation, and you thereby committed an offence contrary to section 15(2)(d) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act”.

Count 17 reads, “That you, ALI BELLO, ABBA ADAUDU, RASHIDA BELLO(at large) between 26th July, 2021-6th April, 2022 in Abuja within the jurisdiction of this Honourable Court procured E-Traders International Limited to remove from the jurisdiction of the Honourable Court to account no. 426-664-4272 domiciled in TD Bank, United States of America, the aggregate sum of $570,330 (Five Hundred and Seventy Thousand, Three Hundred and Thirty United States Dollars) which sum you reasonably ought to have known forms part of the proceeds of unlawful activity to wit; criminal misappropriation, and you thereby committed an offence contrary to section 15(2) ( c ) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 ( 3 )of the same Act.”

 Count 18 reads, “That you, ALI BELLO,  ABBA ADAUDU, RASHIDA BELLO(at large) between 26th July 2021 -6th April, 2022 in Abuja within the jurisdiction of this Honourable Court procured E-Traders International Limited to remove from the jurisdiction of the Honourable Court to account no. 426-664-4272 domiciled in TD Bank, United States of America, the aggregate sum of $845,852.84 (Eight Hundred and Forty-five Thousand, Eight Hundred and Fifty-two United States Dollars) which sum you reasonably ought to have known forms part of the proceeds of unlawful activity to wit; criminal misappropriation, and you thereby committed an offence contrary to section 15(2)(c ) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 ( 3 ) of the same Act.”

Advertisements
Advertisements
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp
Previous ArticleLagos-Based Cleric Bags Life Imprisonment For Defiling, Impregnating Underage Siblings
Next Article Naira Notes: CBN To Prosecutes POS Agents Charging Above N200 
Newsdeck
  • Website

Related Posts

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 20232 Mins Read

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 20231 Min Read

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 20231 Min Read

INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

March 20, 20231 Min Read

Comments are closed.

Don't Miss

Labour Part’s Alex Otti Wins Abia Guber Election

Featured March 22, 2023

The Independent National Electoral Commission, INEC, has declared the governorship candidate of Labour Party, LP,…

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023

INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

March 20, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 2023

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023

INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

March 20, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Newsdeck, Your source for the latest and credible news.

We continually stand for responsible journalism and sound media practice.

Email: newsdeckng@gmail.com

Facebook Twitter Pinterest YouTube WhatsApp
Our Picks

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 2023

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023
New Comments
    © 2023 Newsdeck. Designed by DeedsTech.
    • Home
    • About Us
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version