Justice Inyang Ekwo of the Federal High Court in Abuja has granted the National President of Miyetti Allah Kautal Hore, Bello Bodejo, bail in the sum of ₦2 billion over alleged money laundering charges involving $2.63 million.
In a ruling delivered on Tuesday, Justice Ekwo held that Bodejo was entitled to bail because the offences for which he was charged are bailable under Nigerian law.
The court ordered that the defendant must produce one surety in the like sum, adding that the surety must be a resident of Abuja, possess a three-year tax clearance certificate and own landed property worth ₦2 billion within the Federal Capital Territory.
Justice Ekwo further directed that the property documents be verified by the court registrar before the bail conditions could be perfected.
The court also ordered Bodejo to surrender his international passport to the registrar and barred him from travelling outside Nigeria without the permission of the court.
Following the ruling, the judge adjourned the case until October 5, 6 and 7 for the commencement of trial.
Bodejo was arraigned by the Economic and Financial Crimes Commission (EFCC) on multiple counts of alleged money laundering after the anti-graft agency accused him of receiving large cash payments outside the banking system in violation of Nigeria’s anti-money laundering laws.
According to the EFCC, the Miyetti Allah leader allegedly accepted cash payments totalling about $2.63 million from a former Accountant-General of Bauchi State, Sa’idu Abubakar, in separate transactions conducted between 2022 and 2024 without routing the funds through financial institutions as required by law.