Former Imo State Governor, Rochas Okorocha, on Thursday, was granted an administrative bail by the Economic and Financial Crimes Commission (EFCC).
The former governor, who is being investigated for alleged mismanagement of N7. 9 billion funds, was mobilizing last night to meet the bail terms, including two sureties with landed properties in Abuja.
His movement may however, be restricted to the country as he has been told report intermittently for more questioning.
According to a source, the Imo West senator might be arraigned for trial very soon.
The source, who spoke in confidence, said the EFCC offered Okorocha bail to grant him access to documents and other materials that can support his defence.
It was also learnt that since the issues against the former governor attract bail, the EFCC decided to uphold his fundamental right to it.
The source said: “So far, Okorocha has been granted bail to enable him come with relevant information and evidence to clarify questions isolated for him.
“He is expected to be reporting intermittently to EFCC as part of the ongoing investigation of alleged mismanagement of funds while in office.
“He is also expected to remain in the country during investigation except otherwise necessary with the knowledge of the EFCC.”
As at 6.30pm, Okorocha was trying to meet the bail conditions.
The bail ended Okorocha’s 72-hour stay in EFCC’s custody.
The former governor has been on the EFCC radar in the last three years for alleged money laundering of N7.9 billion.
