EFCC declares ex-minister Agunloye wanted over alleged $6billion fraud

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The Economic and Financial Crimes Commission, EFCC, has declared former Minister of Power and Steel, Olu Agunloye, wanted over an alleged fraud. 

Agunloye served as minister of power and steel under former President Olusegun Obasanjo between 1999 and 2003.

In a statement released on social media, the anti-graft agency, appealed to Nigerians with information about his whereabouts to report to the nearest police station or the commission.

It partly reads,

“Dr U Agunloye is wanted by the EFCC. You know his whereabout? Please don’t hesitate to inform the EFCC or the nearest Police Station.”

The EFCC had earlier invited Agunloye for questioning over his role in the $6 billion Mambila hydropower contract, but he declined their invitation. 

Former President Obasanjo had earlier accused Agunloye of mismanaging the power project and challenged Agunloye to inform Nigerians how he got approval without the Federal Executive Council (FEC) to award a $6 billion contract to Sunrise Power and Transmission Ltd. in respect of the project in 2003.

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