Anti-corruption and elections / EFCC
Alleged $6bn Fraud: Agunloye Loses Bid to Stop Prosecution
Justice Jude Onwueguzie of the Federal Capital Territory High, FCT, Court, sitting in Apo, Abuja on Wednesday, May 15, 2024 dismissed a preliminary objection brought by ex-minister of Power and Steel, Olu Agunloye challenging the powers of the Economic and Financial Crimes Commission, EFCC to prosecute him. Agunloye is facing prosecution by the EFCC on seven-count charges bordering on suspected fraudulent Mambilla Power Project contract award to the tune of $6billion (Six Billion US Dollars). On February 8, 2024, Agunloye had through his counsel, Adeola Adedipe (SAN) filed a motion challenging…
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