Adebayo Adenrele




Olu Agunloye, the Minister of State for Power under the administration of former president, Olusegun Obasanjo, has been in the custody of the Economic and Financial Crimes Commission (EFCC) since December 13, following the anti-graft agency’s declaration of him as wanted.

NEWSTODAYNG recalled that EFCC had recently proclaimed Agunloye wanted regarding an alleged $6 billion scam linked to the contentious Mambilla hydropower project.

Agunloye, who served as a minister under President Olusegun Obasanjo’s administration, has been embroiled in a controversy regarding the Mambilla project.

Former President Obasanjo had accused Agunloye of unlawfully awarding the project’s contract without the Federal Executive Council’s consent.

However, Agunloye refuted the allegations, asserting that the outgoing president was falsifying information.