EFCC Releases Ex-Minister of Power, Agunloye on Bail

The Economic and Financial Crimes Commission has released a former Minister of Power and Steel, and former Minister of State for Defence, Olu Agunloye on bail.

The former minister was declared wanted by the anti-graft agency about a week ago via a statement. However, Agunloye reported at the EFCC office on his own volition on December 13, 2023 and was detained over alleged official corruption and forgery to the tune of $6.1 billion in connection with the Mambilla Power Project.

But the anti-graft agency was said to have released Agunloye to a Senior Advocate of Nigeria, Adeola Adedipe, around 3:30p.m.

The spokesperson for the EFCC, Dele Oyewale, confirmed the ex-minister’s release.

“Yes, you’re right, Mr. Agunloye has been released by the commission,” Oyewale confirmed.

Nobel Laureate, Professor Wole Soyinka, had faulted the EFCC over the detention of Agunloye, saying it is unjust and total contempt of sense and justice.

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