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 EFCC Confirms Detention of Former Minister, Olu Agunloye

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The Economic and Financial Crimes Commission have confirmed the detention of a former Minister of State for Power Olu Agunloye.

The commission had about a week ago declared Agulonye wanted, over an alleged $6 Billion fraud related to the controversial Mambilla hydropower project. Agunloye was a Minister under President Olusegun Obasanjo’s government (1999-2003).

Obasanjo had accused him of fraudulently awarding the contract for the project Without the Federal Executive Council (FEC) approval. But Agunloye denied the Accusations and claimed the former president was distorting facts.

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