Court Rejects Fresh Bail Application of Alleged Fraud Suspect in Kaduna
Justice R. M. Aikawa of the Federal High Court, sitting in Kaduna, has rejected a fresh bail application filed by Basir Ibrahim Bello of Formal Act Legacy Limited, who is currently being prosecuted by the Economic and Financial Crimes Commission (EFCC).
Bello is facing prosecution by the Kaduna Zonal Directorate of the anti-graft agency following the receipt and investigation of over 400 petitions alleging his involvement in various financial crimes.
At the resumed hearing, prosecution counsel, F.A.I. Asemebo, informed the court that the defendant had made publications in two national newspapers while in custody. The prosecution argued that the action could interfere with the ongoing trial.
Following the submissions, Justice Aikawa declined the fresh bail request and ordered that the trial should proceed in accordance with the law.
The case is part of the EFCC’s ongoing efforts to address financial crimes and ensure accountability.
Court Rejects Fresh Bail Application of Alleged Fraud Suspect in Kaduna