Categories: News

EFCC re-arraigns ex-minister Agunloye over $6bn Mambilla project fraud

The Economic and Financial Crimes Commission (EFCC) on Thursday, September 18, 2025, re-arraigned former Minister of Power and Steel, Dr. Olu Agunloye, before Justice Jude Onwuegbuzie of the Federal High Court in Apo, Abuja.

Agunloye was docked on an amended seven-count charge bordering on official corruption and the fraudulent award of the $6 billion Mambilla Hydroelectric Power Project contract.

One of the counts alleged that, while serving as Minister in May 2003, Agunloye disobeyed a presidential directive by approving a letter to Sunrise Power and Transmission Company Limited, conveying government approval for the 3,960MW Mambilla project.

Another count accused him of conspiring with Leno Adesanya of Sunrise Power (currently at large) to use a false document to mislead the Federal Government into entering the contract.

The former minister pleaded not guilty to all the charges.

Following his plea, EFCC counsel M.K. Hussein requested a date to continue the testimony of the third prosecution witness.

Justice Onwuegbuzie adjourned the matter until October 9, 2025, for continuation of trial.

LUKMAN ABDULMALIK

Recent Posts

Obi, Makinde and hurdles against opposition coalition, By TUNDE RAHMAN

By TUNDE RAHMAN A fresh thaw in relations between National Democratic Congress presidential candidate Mr…

5 hours ago

Leadership Man of the Year: Why Abdul Samad, Nduka matter, By GARBA SHEHU

By GARBA SHEHU This year, the Leadership newspaper is conferring its prestigious Man of the…

5 hours ago

NAFDAC unveils 600 pharmacists for drug regulation across Nigeria

The National Agency for Food and Drug Administration and Control (NAFDAC) has unveiled 600 pharmacists…

6 hours ago

North will reclaim presidency after Tinubu’s second term — Zulum

Borno State Governor Babagana Zulum has said the presidency will return to Northern Nigeria after…

6 hours ago

Atiku demands subsidy savings as ASUU threatens nationwide strike

Former Vice-President Atiku Abubakar has challenged the Federal Government to account for the savings from…

7 hours ago

Kaduna cattle rustling claims 200,000 cows, kills 50 pastoralists — MACBAN

The Kaduna State chapter of the Miyetti Allah Cattle Breeders Association of Nigeria has alleged…

7 hours ago

This website uses cookies.