EFCC Arraigns Yahaya Bello’s Nephew, Others Over ‘3 Billion Naira Fraud’
The Economic and Financial Crimes Commission (EFCC) has arraigned Ali Bello, identified as a nephew to the Kogi governor, Yahaya Bello.
He was arraigned alongside Abba Adauda, Yakubu Siyaka Adabenege, Iyada Sadat, and Rashida Bello (at large) based on an 18-count charge bordering on money laundering to the tune of N3,081,804,654.00.
Naija News reports that they were arraigned at a federal high court sitting in Abuja on Wednesday.
In a statement by Wilson Uwujaren, EFCC spokesperson, the agency said they were docked on an 18-count charge “bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654″
Rashida is, however, said to be at large.
“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 one of the charge reads.