Farouk Lawan
Police sources told us that Mr. Lawan was freed about 3:00 PM Nigerian time after someone stood surety for him. His international passport was seized to stop him from fleeing.
Police sources said Mr. Lawan was considered for "bail" after the police extracted a pledge from him to produce the $620,000 he collected from the oil business magnate, Femi Otedola.
Mr. Lawan was arrested on Thursday evening after he reported to the Nigeria police headquarters in Abuja. A search warrant was executed on his official residence on Friday night where $10,000 cash and a diplomatic passport was found in his bedroom.
It is unclear if that the cash haul was part of the monies Mr. Lawan took from Mr. Otedola during a bribery sting operation staged against Mr. Farouk shortly after Lawan completed a public probe of oil subsidy fund theft running into billions of dollars.
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