Top Stories

BREAKING: EFCC Releases Ex-Minister, Agunloye On Bail

The Economic and Financial Crimes Commission (EFCC) has released a former Minister of Power and Steel, Olu Agunloye, on bail.

 

The Editor Nigeria reported that the former minister was arrested on December 13 and detained over alleged official corruption and forgery to the tune of N6bn in connection with the Mambilla Power Project.

Advertisement

But according to The Punch, the former Minister of State for Defence was released by the anti-graft agency around 3.30 p.m. on Wednesday to his lawyer, Adeola Adedipe (SAN).

EFCC sources disclosed that Agunloye would be arraigned in court in January 2024 on charges of official corruption and forgery to the tune of N6bn.

Advertisement

In a chat with the newspaper, the spokesperson for the EFCC, Dele Oyewale, confirmed the ex-munister’s release on Wednesday.

He said: “Yes, you’re right, Mr. Agunloye has been released by the commission.

Advertisement

Recall that the Agunloye was declared wanted in connection with an alleged N6bn scam involving the contentious Mambilla hydropower project.

He was, however, rearrested by the operatives of the agency on December 13, 2023, after getting an arrest warrant following allegations that Agunloye jumped bail.

Advertisement

Agunloye was a minister under former President Olusegun Obasanjo’s government (1999-2003) and has since been at the centre of the controversy about the Mambilla project.

Agunloye, who was accused by Obasanjo of illegally awarding the project’s contract without the Federal Executive Council’s consent, has since denied the allegation.

Advertisement
michaelogbeide@gmail.com

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

12 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

14 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

15 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

18 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

18 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

18 hours ago