Mr Ali Bello, a nephew of Kogi State Governor, Yahaya Bello has been remanded in a correctional centre over charges bordering on criminal misappropriation and money laundering.
The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned Bello before Justice Obiora Egwuatu of a Federal High Court, Abuja.
He was docked alongside Abba Adauda, Yakubu Siyaka Adabenege, Iyada Sadat, Rashida Bello (at large) on 18-count charge bordering on criminal misappropriation and money laundering to the tune of N3.081 billion.
Accordingt to the EFCC, Bello, Adaudu, Adabenege, Sadat and Rashida (at large) sometime in June, 2020 in Abuja procured E-Traders International Limited to retain the aggregate sum of N3.081 billion, which sum they reasonably ought to have known forms part of proceeds of unlawful activity.
Similarly, the defendants sometime in November, 2021 in Abuja procured E-Traders International Limited to transfer the aggregate sum of $570,330 to account number no; 426-6644272 domiciled in TD Bank, United States of America, which sum they reasonably ought to have known forms part of proceeds of unlawful activity to with: criminal misappropriation, and 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.
According to the antigraft agency, the defendants pleaded “not guilty” to all 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 adjourned the case till 13 February, 2023 and ordered that the defendants be remanded in a Correctional Centre pending the determination of the bail application.
