Former Petroleum Minister, Mrs Diezani Alison-Madueke, who was arrested in London on Friday, has been granted bail.
She was granted bail by a magistrate court in London after she had been detained for several hours.
The London Police also confirmed that she is being prosecuted for money laundering.
Mrs Alison-Madueke was arrested in London on Friday along with four other persons in relation to corruption allegations being investigated by the UK National Crime Agency.
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Meanwhile, the Presidency in Nigeria has declined to comment on the arrest of the former Petroleum Minister.
