Kogi Governor, Yahaya Bello Should Be In Jail Forever Over Exposed N20Billion Bailout Fraud—Activist, Deji Adeyanju | Sahara Reporters

Human rights activist and Convener of Concerned Nigerians, Deji Adeyanju has expressed concern over an alleged fraud of N20 billion salary bailout loan by the Kogi State governor, Yahaya Bello.He said,"Yahaya Bello should be in jail forever if this was a country at all. Nobody can try this in China. How can you destroy a state to this level?"

Recall that Sahara Reporters had reported that a Federal High Court in Lagos on Tuesday ordered the freezing of a bank account belonging to Kogi State government over a N20 billion loan obtained from Sterling Bank Plc. Justice Tijjani Garba ordered that the account shod be frozen pending the conclusion of investigation or possible prosecution by the Chairman of the Economic and Financial Crimes Commission , Abdulrasheed Bawa.

Sahara Reporters also reported that the EFCC had approached the court for the order in an ex parte application brought pursuant to section 44 of the Constitution and section 34 of the EFCC Act, and under the inherent jurisdiction of the court.A counsel from the agency, A. O. Mohammed, informed the court that the order was necessary so as to preserve the remaining and abate further dissipation of the funds in the account.

"That on the 25 day of July, 2019, Sterling Bank Plc, acting on the instruction of the Kogi State Government transferred the money from the loan account and placed same on aforementioned fixed deposit account."

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Court Freezes Kogi State Bank Account Over Alleged Fraud Involving N20Billion Bailout Loan | Sahara ReportersEFCC had approached the court for the order in an ex parte application brought pursuant to section 44(2) of the Constitution Yahaya is now having his own share .... EFcc will finish him Kogi people ur governor don deh use state account pick funds for boys 😲 hold ham tight for your % ooo Maybe aso rock protocol boy was off duty this time around.
Source: SaharaReporters - 🏆 9. / 63 Read more »

N20bn Bailout Loan: Court freezes Kogi govt's accountThe EFCC said the N20 billion loan, meant to augment the salary payment and running cost of the state, was kept in an interest-yielding account with Sterling bank. This should be disregarded as fake news
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Court freezes Kogi govt’s N20bn bailout loan account with Sterling BankA Federal High Court in Lagos on Tuesday gave directives for the freezing of the salary account of Kogi State Government in connection with the N20
Source: DailyPostNGR - 🏆 11. / 59 Read more »