Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), has been released on bail, TheCable understands.

He was arrested and detained on Monday, July 6, 2020, following a summons by the presidential panel probing his activities in office, TheCable reports.

The details of his bail are still sketchy but TheCable was informed that he has returned to his residence in Abuja.