Alleged money laundering: Court reduces Bodejo’s bail to N1 billion

A Federal High Court sitting successful Abuja has reduced the N2 cardinal bail earlier granted to the detained National President of Miyetti Allah Kautal Hore, Alhaji Bello Bodejo.

DAILY POST reports that the Economic and Financial Crimes Commission, EFCC, prosecuted Bodejo for allegedly laundering $2.63 million.

Recall that Justice Inyang Ekwo, earlier whom Bodejo was arraigned, had granted him bail connected 20 July successful the sum of N2 billion, with 2 sureties successful similar sum.

Justice Ekwo ordered that 1 of the sureties indispensable contiguous grounds of 3 years’ taxation clearance and reside wrong the court’s jurisdiction, portion the 2nd indispensable ain landed spot worthy N2 cardinal successful Abuja.

However, successful a ruling connected Wednesday, Justice Salim Ibrahim, sitting arsenic a abrogation judge, granted Bodejo’s exertion to alteration immoderate of the bail terms.

Justice Ibrahim reduced the bail sum from N2 cardinal to N1 billion, with 2 sureties, 1 of whom indispensable ain landed spot worthy N1 cardinal successful either Guzape, Asokoro oregon Maitama, Abuja.

The justice added that the sureties indispensable besides supply the tribunal with photocopies of their driver’s licence, National Identification Number, NIN, oregon planetary passport.

He past ordered that the lawsuit record beryllium returned to Justice Ekwo’s tribunal for the continuation of the substantive hearing.

Bodejo was arraigned connected 9 July connected ...