The Economic and Financial Crimes Commission, EFCC, has granted the Publisher of This Day Newspapers, Nduka Obaigbena, an administrative bail.
The commission is investigating the publisher over the N670m he allegedly collected from the office of a former National Security Adviser, Col. Sambo Dasuki (retd.).
Obaigbena was said to have been released Wednesday evening after he reportedly agreed to refund the money he collected from Dasuki.
He was said to have reported to one of the two EFCC teams involved in the ongoing arms probe at the Idiagbon House headquarters of the commission on Tuesday. .
A source in the EFCC said that investigations so far by the commission reveal that Obaigbena allegedly deployed part of the money he got from Dasuki to finance his United Kingdom-based television station, Arise TV.
The EFCC’s operative disclosed that N568, 360, 000 was allegedly given to the Arise Global Media Limited, the promoters of Arise TV.
Obaigbena has reportedly now signed an undertaking that he would refund the money he collected from the ONSA in two weeks.
The source said that the undertaking was a pre-condition for an administrative bail granted him on Wednesday.
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