The Punch newspaper reported that Mr. Obanikoro was released at about 5p.m. Friday. He immediately left for his residence
Mr. Obanikoro was detained on October 17 after returning from the United States to submit himself to the EFCC on fraud allegations.
Obanikoro reportedly paid N100 million to the commission out of the over N800 million of public funds he was accused of spending.
The source said the former minister’s passports were confiscated.