Former governor Bello was granted bail on by Justice Mary Anne Anenih in the sum of N500m on Thursday in Abuja.
The Court set the conditions for his freedom as providing three sureties, each owning property in high-value areas of Abuja, especially Maitama, Guzape, or Asokoro.
The Court ordered Bello to surrender his passport and restricted his travel outside Nigeria without prior permission.
Bello, along with Shuaibu Oricha and Abdulsalam Hudu, are facing a 16-count charge of conspiracy, criminal breach of trust, and unlawful possession of property by the Economic and Financial Crimes Commission, EFCC. All three have pleaded not guilty.
It was learnt that Justice Anenih had rejected Bello’s initial bail application on procedural grounds but granted bail to his co-defendants.
Bello’s fresh application was however granted on Thursday by the Court.