HomePoliticsNEWSEFCC Detains Yahaya Bello's Wife And Nephew Over N30bn Fraud

EFCC Detains Yahaya Bello’s Wife And Nephew Over N30bn Fraud

Rashida Bello, the wife of Kogi State Governor, Yahaya Bello, has been charged by the Economic and Financial Crimes Commission (EFCC) with alleged N3bn fraud.

She was charged before a federal high court in Abuja alongside Ali Bello, identified as a nephew to the governor.

Wilson Uwujaren, the spokesperson of the EFCC said in a statement that Bello was arraigned on Wednesday alongside three other persons on an 18-count charge “bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654″.

“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 offense 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,” the charge read.


Actress Funke Akindele loses mum





ALSO READ:  OYO: Reconstruction Of Akesan Market Put At N781.7m
Mary Ama
Mary Ama
A passionate writer with the sauce. I do that to get you entertained without a 404 page.

Leave a Reply

- Advertisment -

Most Popular

Recent Comments

%d bloggers like this: