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    N80.2bn fraud: EFCC boss vows resignation if Yahaya Bello isn’t prosecuted

    Vincent OsuwoBy Vincent OsuwoApril 23, 2024No Comments2 Mins Read
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    EFCC accuses banks, fintechs of enabling N18.7bn fraud
    EFCC chairman, Ola Olukoyede
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    Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission, EFCC, has pledged to quit if former Kogi State Governor Yahaya Bello is not prosecuted.

    In a chat with editors at the EFCC Headquarters in Jabi, Abuja, on Tuesday, the anti-graft agency chairman vowed to pursue Mr. Bello’s prosecution to its logical conclusion.

    He also pledged that anyone who obstructed the former governor’s arrest would face justice.

    The EFCC is attempting to arraign Bello on 19 counts of money laundering, breach of trust, and theft of funds totaling N80.2 billion.

    The agency’s chief stated that no matter what anyone does or how many attacks the anti-graft agency receives, he and his men will continue to assist in sanitising the country.

    Olukoyede stated that the EFCC needs Nigerians’ support to succeed, underscoring that if the agency fails, Nigeria fails. He noted that the current efforts have increased the value of the naira and the foreign market.

    Meanwhile, the EFCC has delivered a copy of the charge sheet alleging N80 billion in fraud against the immediate past governor and his counsel, Abdulwahab Mohamed.

    Justice Emeka Nwite of the Federal High Court in Abuja issued the decision on Tuesday, following Bello’s absence from court.

    He was not present for his arraignment on a 19-count charge of suspected money laundering totaling ₦80 billion.

    The judge cited sections 384(4) and (5) of the Administrative and Criminal Justice Act 2015 while directing counsel to the immediate past governor to obtain a copy of the charge.

    The court ruled that if physical delivery of a legal process to a defendant was no longer possible, it might be done through alternative means.

    Justice Nwite further stated that it was apparent that the former governor failed to appear in court for his arraignment.

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    Azerbaijan said it was planning to retaliate after two people were injured on Thursday by Iranian drone strikes on an airport and near a school.

    Azerbaijan vows retaliation after Iranian drone attack injures two

    March 5, 2026
    Presidency links El-Rufai’s thallium sulphate claim to N432bn Kaduna corruption probe

    El-Rufai to ICPC: Probe against me politically motivated

    March 5, 2026
    Abba Kyari has case to answer - Court

    Court dismisses Kyari, brothers’ non-declaration of assets trial

    March 5, 2026
    FG approves GIS digital postcode system for Nigeria 

    FG approves GIS digital postcode system for Nigeria 

    March 5, 2026
    Iran missiles hit Abu Dhabi, Dubai airports, 1 dead

    Iran injures two in drones attack on Azerbaijan airport

    March 5, 2026
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