THE Economic and Financial Crimes Commission (EFCC), on Thursday re-arraigned a former Minister of Power and Steel, Dr Olu Agunloye for alleged infractions in the award of contract for Mambila Hydroelectric Power Station. The EFCC had dragged Agunloye, before Justice Jude Onwuegbuzie of Federal Capital Territory (FCT), Apo, Abuja, on …
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EFCC witness: No Budgetary Provision was made for $6bn Mambilla Power Project
THE third Prosecution Witness (PW3) in the trial of a former Minister of Power and Steel, Olu Agunloye, told an Abuja high Court that no budgetary allocation was made for the $6bn Mambilla Hydropower Station in Taraba The Economic and Financial Crimes Commission charged Agunloye with infractions in the award …
Read More »Alleged $6bn Fraud: EFCC Amends Charges, Advances More Evidence Against Agunloye
THE Economic and Financial Crimes Commission, EFCC has altered the seven-count charges against the former Minister of Power, Olu Agunloye and advanced additional evidence against him. Agunloye is facing prosecution by the EFCC before Justice Jude Onwuegbuzie of the Federal Capital Territory, (FCT) High Court, sitting in Apo, Abuja on issues …
Read More »Court Dismisses Ex-Obasanjo’s Minister’s Suit Against EFCC, Awards N500,000 Fine
A Federal High Court, Abuja, on Monday, dismissed a fundamental rights enforcement suit filed by Dr Olu Agunloye, former Minister of Power and Steel under ex-President Olusegun Obasanjo, against the Economic and Financial Crimes Commission (EFCC). Justice Obiora Egwuatu, in a judgement, awarded a fine of N500,000 against Agunloye for …
Read More »BREAKING: Ex-Minister, Olu Agunloye Released From Prison
THE Minister of Power and Steel under the administration of ex-president, Olusegun Obasanjo, Olu Agunloye, has been released from the Kuje Correctional Centre. According to Newsextra24, Agunloye was released after meeting up with his bail condition. It was reported that Agunloye was released on Friday. The spokesperson for the Federal …
Read More »Alleged $6bn Fraud: Agunloye’s Trial Begins Feb 12
Justice J. O Onwuegbuzie of the Federal Capital Territory, FCT, High Court, Apo, Abuja, has slated the commencement of trial of a former Minister of Power and Steel Development, Olu Agunloye for February 12, 2024. Agunloye is standing trial by the Economic and Financial Crimes Commission, EFCC, on seven-count charges bordering on fraudulent …
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