The Economic and Financial Crimes Commission (EFCC) recently released a former Speaker of the House of Representatives, Mrs Patricia Olubunmi Etteh, on bail.
The EFCC in a divulgence presented by its spokesman, Wilson Uwujaren, unveiled that the former Speaker was released on Friday night after fulfilling bail conditions offered to her by the investigators working on her case. Uwujaren stated that Etteh would be reporting periodically to the agency as one of the conditions for her release in order to assist the agency with further investigations.
The Easterner had announced that the former Speaker was taken in on May 17 over suspicious and shady financial involvement with Phil Jin Projects Limited. Easterner has it that Phil Jin Projects Limited was granted a contract by the Niger Delta Development Commission for the supply of solar-powered street lights in some communities in Akwa Ibom State.
The company received N287million, whereas the contract was worth N240m. Phil Jin Project Ltd later allegedly paid N130million to Patricia Etteh. However, the EFCC is investigating to find out why the ex-minister received the money when she was not a director of the company.
