EFCC DETAINS EX-POWER MINISTER AGUNLOYE
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A few days after being listed as sought, Olu Agunloye, a former minister of state for power, was verified to be in custody by the Economic and Financial Crimes Commission (EFCC).
According to a Channels Television source within the anti-graft bureau, Agunloye has been in custody since December 13, 2023.
“He has been with the EFCC since December 13th,” the source said. “But it was not made public.”
The EFCC had about a week ago declared Agulonye wanted over an alleged $6 billion fraud related to the controversial Mambilla hydropower project.
“The public is hereby notified that Olu Agunloye, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of corruption and forgery,” the agency wrote on its social media platforms.
It asked people to get in touch with the agency if they had any “useful information as to his whereabouts.” Regarding the same matter, the former minister was questioned by the EFCC in September.
Under President Olusegun Obasanjo’s administration, Agunloye served as a minister (1999–2003). He has been at the centre of the Mambilla project issue.
He was accused by Obasanjo of illegally awarding the project’s contract without the Federal Executive Council’s (FEC) consent. However, Agunloye refuted the charges and asserted that the outgoing president was falsifying information.
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