Embattled Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been released on bail, The Crest can confirm.
Magu’s release is coming a few hours after the Nigeria Police Force denied detaining him.
The police had claimed that Magu was being held by a presidential panel probing him for mismanaging recovered loots to the tune of N550bn
He was arrested on July 6, 2020 by security forces to answer questions by the panel headed by a former Appeal Court judge, Ayo Salami, and had been in detention since then.