sima Ekere, a former Niger Delta Development Commission Managing Director has been granted bail by the Anti-graft Commission, according to competent sources privy to this development. .
Ekere, a chieftain of the All Progressives Congress (APC), was arrested on May 18 on allegations of stealing N47 billion, spending three nights in custody before he was freed on Saturday evening.
The loot was reportedly tied to fraudulent contracts across Niger Delta when Mr Ekere led the regional development body. He was said to have denied all allegations.
The terms under which the EFCC freed Mr Ekere, now at a relative’s residence in Lagos as disclosed by those close to him.
His arrest came days after he was successfully screened to run for Senate on the ruling party platform.
A spokesman for the EFCC could not be reached for comments about the release Saturday night.
TheNewsGuru.com, (TNG) recalls former speaker of the House of Representatives, Patricia Etteh who was arrested by the Anti-graft commission was also granted bail this week.