Tag
OLU AGUNLOYE
The Federal High Court, FCT, sitting in Apo, Abuja, on Thursday, January 23, 2025, has allowed the Economic and Financial Crimes Commission, EFCC, to re-arraign former Minister of Power, Olu Agunloye, on amended charges bordering on alleged $6 billion project fraud.
Justice Jude Onwueguzie from the Federal High Court in Apo, Abuja, dismissed a legal challenge on Monday from Olu Agunloye, the ex-Minister of Power and Steel, regarding the EFCC’s right to bring charges against him for an alleged fraud of $6 billion.
Dr Olu Agunloye, under ex-President Olusegun Obasanjo’s government, has lodged a lawsuit against the Economic and Financial Crimes Commission (EFCC), demanding N1 billion.
Justice Jude Onwuegbuzie at the FCT High Court in Apo granted a bail of N50 million to Olu Agunloye, the former Minister of Power and Steel, on Thursday, January 11.
EFCC has granted bail to Olu Agunloye, the former Minister of State for Power, just one week after his initial detention.
The Economic and Financial Crimes Commission (EFCC) has confirmed that the former Minister of State for Power, Olu Agunloye, is currently in its custody.
The Economic and Financial Crimes Commission (EFCC) has declared a former Minister of Power and Steel, Olu Agunloye, wanted over an alleged $ 6 billion fraud.