Alleged $6bn Mambilla Power Fraud: FEC Directed Agunloye to Withdraw Award of Contract-Witness

The Third Prosecuting Witness, PW3, Umar Hussein Babangida in the ongoing trial of former Minister of Power and Steel, Olu Agunloye, on Tuesday, February 17, 2026 restated before Justice Jude Onwuegbuzie of the Federal High Court, sitting in Apo, Abuja that Agunloye was directed by the Federal Executive Council, FEC, under former President Olusegun Obasanjo to withdraw the memo of award of Mambilla Power Project contract to Sunrise Power Transmission Company Limited. Under cross-examination by defence counsel, Adeola Adedipe, SAN, the witness, an officer of the Economic and Financial Crimes Co…

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Source	EFCC
Collection	Anti-corruption and elections
Kind	Document
Publisher	Economic and Financial Crimes Commission (EFCC)
Date	2026-02-18
Type	press-release
Found at	https://www.efcc.gov.ng/news/alleged-6bn-mambilla-power-fraud-fec-directed-agunloye-to-withdraw-award-of-contract-witness
Archived copy	Look it up in the Wayback Machine
Record ID	`efcc:news:13847`

Cite this record

Alleged $6bn Mambilla Power Fraud: FEC Directed Agunloye to Withdraw Award of Contract-Witness. EFCC, 2026. Vero Archive, record efcc:news:13847.