The Economic and Financial Crimes Commission, or EFCC, has released Nnamdi Okonkwo, former managing director of Fidelity Bank.

Okonkwo was released on administrative bail, according to EFCC spokesman Wilson Uwujaren.
“He was released late last night on administrative bail,” Uwujaren said.

Okonkwo, who has been a serial guest of the EFCC since 2015, was summoned on Wednesday to assist in the investigation of former Minister of Petroleum Resources, Diezani Alison-latest Madueke’s financial loot.

Diezani also stole $72, 870,000 from a Fidelity account under Okonkwo’s supervision, according to the EFCC.

Okonkwo had previously been questioned by Diezani about other loots totaling $153 million and $115 million, respectively.

“While the EFCC recovered all $153 million, cases involving $115 million relating to the Independent National Electoral Commission, INEC, bribery matter, are pending in various courts.”

“The EFCC is currently detaining Okonkwo and Charles Onyedibe over the whereabouts of the new $72.8 million,” Uwujaren said.

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