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EFCC: Ekweremadu Released On Administrative Bail

The Deputy Senate President, Senator Ike Ekweremadu, who was on Tuesday morning interrogated by operatives of the Economic and Financial Crimes Commission, EFCC, in Abuja has been released.

Ekweremadu reported himself at the EFCC headquarters in Abuja earlier on Tuesday for questioning.

He was released on administrative bail Tuesday evening after being grilled for hours by operatives over allegations bordering on fraud and money laundering.

EFCC had last Tuesday invited Ekweremadu to its office in Abuja to respond to allegations of conspiracy, abuse of office and money laundering.

The agency’s spokesman, Wilson Uwujaren said Ekweremadu was in their custody over illicit asset acquisitions.

About Editor

Otunba Sayo Akintola is a 1992 graduate of Linguistics from the University of Ibadan, Oyo State. He holds a post-graduate diploma in Financial Management and MBA from Abubakar Tafawa Balewa University, Bauchi. He started his 12-year sojourn in journalism at the Nigerian Tribune in 1993 as Business and Economy reporter. He rose through the ranks to become the Group Business Editor of the nation’s oldest surviving private national newspaper, the Nigerian Tribune before he left to join the Bureau of Public Enterprises BPE, Abuja in 2005 as Head, Media Relations. At the BPE, Sayo coordinated both local and international media for the Bureau’s events and activities. He led a group of Nigerian journalists to the transfer ceremony of West African Refineries Limited in which Nigeria had controlling shares in Sierra Leone to its buyer in 2006 under the privatisation programme of the Nigerian government. He was Accounts Manager (Client Service) at The Quadrant Company, Nigeria’s leading Public Relations outfit, between 2006 and 2007 where he managed Celtel, (now Airtel), LG Electronics and DHL amongst others. He led a team of twenty IT/Telecom Editors of Nigeria’s leading newspapers and magazines to Tanzania in 2006 as part of the migration process of Celtel from Vmobile. In 2007, Sayo left for IMS Advertising Limited as General Manager, Reputation Management in a quest for robust integrated marketing communication expertise. The clientele included Nigerian Breweries Plc, Multi-links, Evan Medicals, Dorman Long and BGL amongst many others. He left in 2012 to set up Octopus Communication, an integrated marketing communication outfit, acting as PR consultant for IMS Advertising, Gilt-edge Advertising and others. He set up World Street Journal magazine in 2018.

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