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Alleged Money Laundering: Court Reduces Bodejo’s Bail to N1 Billion

Justice Salim Ibrahim cut Bello Bodejo’s bail to N1 billion after his lawyer sought relaxed terms, while the EFCC opposed the request.

  • On Wednesday, the Federal High Court in Abuja reduced the N2 billion bail bond for Miyetti Allah Kautal Hore National President Bello Bodejo to N1 billion, granting his application to vary the original terms.
  • Justice Inyang Ekwo originally set the N2 billion bail on July 20, following Bodejo's July 9 arraignment on money laundering charges involving $2.63 million brought by the Economic and Financial Crimes Commission .
  • Vacation judge Justice Salim Ibrahim ordered two sureties, with one required to own landed property worth N1 billion in Guzape, Asokoro, or Maitama districts of Abuja, and mandated submission of identification documents.
  • Justice Ibrahim ordered the case file returned to Justice Ekwo for the substantive hearing, with trial proceedings set to begin on October 5, 6, and 7.
  • The EFCC alleges Bodejo accepted $100,000 from former Accountant General Sa'idu Abubakar, exceeding the N5 million statutory cash transaction threshold in violation of the Money Laundering Act.
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P.M. News Nigeria broke the news in Lagos, Nigeria on Wednesday, July 29, 2026.
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