Concise News reports that the release was made at about 11 am on Thursday, April 11th.
It will be recalled that Ubani was arrested and detained on March 19, along with Senator Christopher Enai for failing to produce the former Managing Director of Nigeria Social Insurance Trust Fund, NSITF, Mrs Ngozi Olejeme who the both stood for as sureties.
Olojeme is facing a N6.4 billion fraud charge preferred against her by the financial commission.
Ubani had maintained his innocence over Olejeme’s disappearance, insisting that she absconded after the EFCC raided her home.
He also stated that his decision to stand as surety for Olejeme was because he compelled her to return to Nigeria to face the charges against her and that all effort to secure her bail was frustrated by the EFCC.