The Economic and Financial Crimes Commission, EFCC, has released Monday Ubani after 24 days in custody.
Mr Ubani, a former 2nd Vice-President of Nigerian Bar Association, NBA was arrested and detained on March 19, along with Senator Christopher Ania.
The crux was their failure to produce the former Managing Director of Nigeria Social Insurance Trust Fund, NSITF, Mrs Ngozi Olejeme whom they both stood as surety for.
Mrs Olojeme is facing a N6.4billion fraud charge preferred against her by the EFCC.
Ubani had maintained his innocence over Olejeme’s disappearance insisting that she absconded after the EFCC raided her home.
Defending his actions, Ubani stated that his decision to stand surety for his client was nessecitated by frustrating bail conditions demanded by EFFC.
A Federal High Court had issued an order that EFCC released Ubani and Eni or charge them to court by a specified date.
The anti-graft agency disobeyed the court order.
Conversely, there’s a lingering debate as to the propriety of Mr Ubani’s surety bond for his client in view of the provisions of the
Rules of Professional Conduct for Legal Practitioners, 2007.