In the ongoing Yahaya Bello fraud trial at the Federal High Court Abuja, prosecution witness testifies that diverted funds were used to acquire luxury Abuja properties.
In a major update from the Yahaya Bello fraud trial, a prosecution witness on Monday told the Federal High Court in Abuja how funds allegedly diverted from the Kogi State Government House Administration Account were used to buy luxury Abuja properties. The testimony is part of ongoing proceedings in a ₦10 billion fraud case against former Kogi State Governor Yahaya Bello.
During the session, an Economic and Financial Crimes Commission (EFCC) investigator explained how hundreds of millions of naira, allegedly withdrawn from government accounts, were channelled through a Bureau de Change operator in Abuja and used to purchase high-value real estate rather than legitimate exchange operations.
The witness said the funds were diverted from official state accounts and allegedly used to acquire luxury properties in Abuja, raising questions about the misuse of public resources.
The accused in the case include ex-Governor Yahaya Bello, former Chief of Staff Ali Bello, and other associates facing charges ranging from money laundering to criminal breach of trust.
The trial continues at the Federal High Court in Abuja, with prosecution witnesses presenting further evidence. No verdict has been delivered, and the defendants maintain their innocence as proceedings unfold.
