Efcc Says Obiano Yet To Meet Bail Conditions, Arrest Not Political.

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The Economic and Financial Crimes Commission (EFCC) has revealed why it has yet to release the immediate past governor of Anambra State, Willie Obiano, from his custody.

EFCC Chairman, Abdulrasheed Bawa, gave the reason in his remarks on Monday at an event in Abuja, the Federal Capital Territory (FCT).

He spoke at the opening of the 5th Annual General Assembly of the Network of National Anti-Corruption Institutions In West Africa (NACIWA).

Bawa confirmed that the anti-graft agency has since granted administrative bail to the former governor.

He, however, stated that Obiano has yet to meet his bail conditions, stressing that Obiano’s arrest by the EFCC was not politically motivated.

Several media outlets had reported that the EFCC placed the former governor on a watchlist in November last year, about five months to the expiration of his second term in office.

The anti-graft agency went on to ask the Nigeria Immigration Service to inform it anytime Obiano was travelling out of the country from any of the international airports, as well as other points of entry and exit.

A source in the EFCC told Channels Television that Obiano was arrested for misappropriating N5 billion Sure-P and N37 billion security vote funds, which were allegedly withdrawn in cash.

Part of the funds was also reportedly diverted to finance political activities in the state

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