Former Imo State Governor, and Senator representing Orlu Zone, Rochas Okorocha was yesterday granted an administrative bail by the Economic and Financial Crimes Commission (EFCC), but the former governor may not yet be out of the woods with the EFCC.
Okorocha, is being investigated over the alleged mismanagement of N7. 9 billion state funds, while he was governor of Imo State.
His bail conditions restrict him from leaving the country, as the EFCC instructed him to report to the Commission intermittently to answer more questions over the matter.
There are strong indications, that the former governor may be arraigned for trial by the Commission, as soon as their investigations are over.
Source who spoke in confidence, revealed that the EFCC granted Okorocha bail, to enable him provide documents that could help his defence. The matter against the former governor is bailable, and the Commission upheld his fundamental right by granting him bail.
Okorocha’s meeting of the bail conditions yesterday, brought to an end, his 72-hour detention in EFCC’s custody.
The EFCC have been paying attention to Okorocha for the last three years, over an alleged laundering of N7.9 billion.
Okorocha will be queried over the N1.5 billion hospital, built with funds from the Imo State accounts, which was traced to one of his former aides.
The EFC, would on July 25, 2019, Section 17 of the Advance Fee Fraud and Other Related Offences Act 2006, and foreclosed on the hospital, as Okorocha’s ex-aide disowned it.
Despite the confidence Okorocha’s Chief Press Secretary, Mr. Sam Onwuemeodo, tried to build with his press release, issues after Okorocha’s released, it is becoming clearer, that the former governor may not still have a long way to go, before he can clear himself of the allegations against him, lodged at the EFCC.