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Alleged N10bn fraud: EFCC witness tells court how Yahay Bello’s nephew used Kogi funds to buy Abuja properties

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An operative of the Economic and Financial Crimes Commission (EFCC), Ahmed Abubakar, has told a federal high court in Abuja how funds were allegedly diverted from the Kogi state government house administration account to acquire high-end properties in the Federal Capital Territory (FCT).

Abubakar testified on Monday before James Omotosho, the presiding judge, as principal witness 17 (PW17) in the trial of Ali Bello, chief of staff to Usman Ododo, governor of Kogi, and nephew to Yahaya Bello, former governor of the state.

The EFCC is prosecuting Bello alongside Dauda Sulaiman and Abdulsalami Hudu, former cashier of the Kogi state government house administration account, who is currently at large, on a 16-count amended charge bordering on misappropriation and money laundering of N10,270,556,800.

Abubakar told the court that Bello allegedly used N900 million to acquire a property located at No. 35 Danube Street, Maitama, Abuja, known as Spring Hall School.

He said the funds were allegedly withdrawn from the Kogi state treasury and handed to a bureau de change operator, Rabiu Tafada, in Abuja, for conversion to foreign currencies and personal use.

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“My lord, the property belonged to an honourable from Bauchi state and was offered for sale at that amount,” the witness said.

“The first defendant engaged a lawyer, Barrister Ramalan, to broker the transaction. The payment was made in cash at a bureau de change office in Zone 4, Abuja, after the naira equivalent was converted to dollars.”

He added that the funds used for the purchase were withdrawn at different times from the Kogi state government house administration account.

When shown exhibit H by Rotimi Oyedepo, counsel to the prosecution, the witness identified it as a deed of assignment between Pauchi Ventures Nigeria Limited and Y3 Nigeria Limited.

On count four, the EFCC alleged that Bello used N920 million to acquire a property at No. 2 Justice Chukwudi (Oguta) Street, Asokoro, Abuja.

Abubakar told the court that the transaction was brokered by Yahaya Bello.

“My lord, the former governor approached a contractor who had acquired the property through Wastle Motors, owned by Sa’id Dantsoho,” the witness said.

“They agreed that the property would be sold at the same price it was acquired for. Payment was to be made ‘in kind’ because His Excellency had just assumed office and promised to patronise the contractor.”

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He said an account was provided for loan repayments, adding that cash deposits were made from Lokoja, the Kogi state capital, while transfers were effected from the bureau de change operated by Rabiu Tafada and his company, Busynet, on the instruction of Bello.

The witness said the total loan facility stood at N808,698,263.29 as of March 21, 2018.

Abubakar further told the court that on April 8, 2020, several cash deposits were made at Access Bank’s Lokoja branch to service the loan.

When asked whether the payments were made in cash, the witness replied in the affirmative, adding that the source of the funds was the Kogi state government house administration account.

On count five, Abubakar said N170 million was used to acquire a property on Marsin Street, Wuse Zone 4, Abuja, directly behind the residence of the former governor.

“Our investigation revealed that the funds were withdrawn from the Kogi state government house administration Account,” he said.

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“The transaction was brokered by the first defendant and his late bureau de change associate, Murtala Maigari.”

He said N100 million was paid into the property owner’s account, while N70 million was converted to United States dollars.

The witness also testified that N100 million was used to acquire a property at No. 1773 Guzape Street, Abuja, while another property at No. 176, Plot 4882, Lome Street, Wuse, Abuja, was funded from the same government account.

On count eight, Abubakar told the court that N66 million was paid for a property at Plot 739 Aminu Kano Crescent, Wuse II, Abuja, using cash withdrawn from the Kogi state government house administration account.

He stressed that the payment was not made on behalf of the Kogi state government.

Abubakar had earlier testified on how funds from the same account and security votes were allegedly used to purchase properties and renovate the family house of the former governor.

The judge adjourned the matter to February 16, 17, 18, 19 and 20, 2026, for continuation of trial.

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Wale Tinubu, Rabiu, others Join President Tinubu in Makkah for Umrah

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The Group Chief Executive Oando Plc, Jubril Adewale Tinubu; Chairman of BUA Group, Abdul Samad Rabiu, and several other Nigerian business mogul have joined President Bola Ahmed Tinubu in Makkah, Saudi Arabia, for the performance of Umrah, the lesser Islamic pilgrimage.

The presence of the prominent Nigerian business leaders alongside the President in the holy city has drawn attention, bringing together three influential figures from Nigeria’s political and business communities in a moment of religious observance.

Tinubu and Rabiu, both prominent names in Nigeria’s corporate landscape, were seen alongside the President dressed in the traditional white Ihram garments worn by Muslim pilgrims performing Umrah.

Umrah, unlike the obligatory Hajj pilgrimage, can be undertaken at any time of the year. It involves a series of religious rites in Makkah and holds profound spiritual significance for Muslims across the world.

For the Nigerian business community, the appearance of the corporate leaders alongside the President also offers a glimpse into the intersection of faith, business and public life, particularly when influential figures come together outside the usual settings of boardrooms, corporate engagements and official functions.

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The development comes as President Tinubu undertook the pilgrimage to seek divine guidance and offer prayers for Nigeria’s peace, unity, stability and progress.

According to the Presidency, the President performed the Umrah rites early Friday, October 30, at the Grand Mosque, Masjid al-Haram, where he circumambulated the Holy Ka’abah.

Speaking after completing the spiritual exercise, Tinubu described the pilgrimage as significant, linking it to his commitment to Nigeria and its people. He also expressed gratitude to Allah for the opportunity to pray for the country.

The President’s prayers reportedly centre on national harmony, security, economic prosperity and the need for Nigerians to live together peacefully.

Rabiu also used the occasion to express his hopes for the country, describing it as an honour to accompany the President on the spiritual journey. He prayed for lasting peace, unity and prosperity in Nigeria.

For Tinubu, whose Oando Group occupies a prominent position in Nigeria’s energy industry, the journey offered a departure from the familiar world of corporate leadership and business engagements. Rabiu, similarly, is a major player in the country’s industrial sector, with interests spanning manufacturing, cement and food production.

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Their appearance in Makkah alongside the President underscores the presence of leading figures from Nigeria’s private sector at an important spiritual moment for the country’s leader.

Umrah, often described as the lesser pilgrimage, is a significant act of worship in Islam. Unlike Hajj, which takes place during a specific period in the Islamic calendar, Umrah can be performed throughout the year.

President Tinubu is expected to return to Nigeria next week after completing his spiritual engagements in Saudi Arabia.

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Atiku’s son Abba Abubakar promises to deliver Adamawa for Tinubu

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Abba Abubakar, son of former Vice-President Atiku Abubakar, has promised to deliver Adamawa, his father’s state, for President Bola Tinubu in the 2027 elections.

He spoke on Friday at the All Progressives Congress (APC) national secretariat in Abuja during the Haske Bola Tinubu Organisation (HBTO) unveiling and the launch of its subsidised public transportation support scheme.

Abubakar, HBTO founder, said his decision to back Tinubu is not an attempt to antagonise his father, the African Democratic Congress (ADC) presidential candidate.

“I recognise that political decisions, particularly those that differ from the positions of individuals with whom one shares personal and family relationships, often attract considerable public attention,” he said.

“However, political conviction is a matter of personal judgment, conscience, and the freedom of every individual to make independent choices.

“My decision to establish and lead the HBTO is a deliberate political choice made with a firm belief in the direction we have chosen.”

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He said democracy is strengthened when individuals can make independent political choices, engage in constructive dialogue, and support the leadership and political platforms they believe best represent their aspirations.

“It is within this spirit that HBTO was established,” he said.

He commended the economic reforms introduced by the Tinubu administration, citing the Nigerian Education Loan Fund (NELFUND), national infrastructure investments, increased statutory allocations to state governments, and transport support schemes as some of the key social intervention programmes.

Asked whether he would ensure the president gets maximum votes in Adamawa, Abubakar said: “Yes, yes, yes. We are going to deliver Adamawa state.”

He, however, said his decision should not be seen as a betrayal of his family ties or his father’s political aspiration.

“I’ve always supported my father since I started acting in politics, and I supported him because of what he has done for the country,” he said.

“But I believe that whenever a government comes out with policies that will help the people, I will join them.

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“It’s not just because it’s my father. I don’t think I am antagonising him; I simply believe in the current government’s policies and the reforms taking place.”

Abubakar joined the APC in January 2026, vowing to mobilise support for Tinubu’s re-election.

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Good morning! Nigerian Newspapers Headlines: How AI-generated photos entered voter register, by INEC

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1. The Independent National Electoral Commission (INEC) yesterday  blamed some of its registration officers across the country  for the appearance of suspected artificial intelligence (AI)-generated photographs and other irregularities in its preliminary voters’ register.

The commission alleged  that some officials  exploited their authorised access to its registration system to introduce questionable records into the database.

2. Rising temperatures, compounded by erratic electricity supply, are forcing residents in many states to sleep outdoors, take repeated night-time baths and spend more on alternative power sources as households struggle to cope with the heat. While many Nigerians who spoke with Saturday PUNCH reported prolonged blackouts and inadequate water supply, others said the conditions had made nights uncomfortable.

3. Troops conducting internal security operations across the country killed more than 217 terrorists and other armed criminals in October, the Defence Headquarters, DHQ, has said. The operations, conducted between September 30 and October 30, also led to the rescue of hundreds of kidnapped victims, the arrest of suspected terrorists and their collaborators, and the surrender of more than 50 terrorist fighters and their family members.

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4. A businessman, Akinbolusere Kayode, popularly known as Tolufe, has allegedly committed suicide at Igba town in Ondo State, after lamenting his personal and business challenges in a video that has gone viral on social media. Akinbolusere, 46, reportedly died in his office beside BOVAS Petrol Station, Igba Town, at about 3 pm on Thursday. The State Police Command confirmed his death in a statement issued by its spokesperson, Jimoh Abayomi, in Akure on Friday evening.

5. Omoyele Sowore, presidential candidate of the African Action Congress, AAC, and the Ekiti State Police Command have given conflicting accounts of an incident at a restaurant in Ado-Ekiti, Ekiti State, on Friday. While Sowore insisted that he and members of his team were violently attacked, the police described the incident as an altercation with some individuals, saying the activist sustained a minor injury.

6. The Federal Capital Territory Police Command has arrested a pastor, Edwin Nwabueze, and another suspect, Sadiq Jamiu, over the alleged theft of a Toyota Camry in Abuja. The vehicle was reportedly stolen at UTC Plaza in the Garki area of the Federal Capital Territory. The police said Nwabueze, who identified himself as a pastor with Salvation Power Bible Ministry in the North Bank area of Benue State, was arrested, following investigations into the theft.

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7. Kemi Badenoch, leader of Britain’s Conservative Party, says “racist attacks” against her are “not going to work”, after Raheem Kassam, a former aide to Nigel Farage, called her a “Nigerian scammer”. Badenoch spoke during an interview on ITV’s Good Morning Britain on Thursday, following a series of posts by Kassam criticising her.



8. Senator Adams Oshiomhole has defended President Bola Tinubu’s decision not to attend every campaign rally ahead of the 2027 general elections. He insisted that there is no contradiction between the President’s religious activities and his responsibility to govern the country. Oshiomhole said Tinubu’s decision to limit his participation in campaign activities was a matter of choice and the prerogative of the ruling All Progressives Congress.

9. The Nigeria Security and Civil Defence Corps, Kano State Command, has busted an illegal diesel refining site at Panisau, Ungoggo Local Government Area of Kano State, leading to the arrest of five suspects. This was disclosed on Friday in a statement signed by the command’s Public Relations Officer, Ibrahim Abdullahi.

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10. A 15-year-old Ghanaian boy, Javits Frimpong, has been shot and killed in the Bronx, New York, while on his way to school, with his father alleging that bullying at school may have contributed to the incident. Frimpong was shot in the stomach near East 171st Street and Third Avenue shortly after 9 a.m. on Thursday, according to law enforcement officials. The shooting happened just steps from his home. 

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