EFCC releases ex-Minister, Olu Agunloye, on bail

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Dr Olu Agunloye

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

The former Minister was declared wanted by the anti-graft agency about a week ago via a statement.

Agunloye reported at the EFCC office on his own volition on December 13, 2023.

He was detained over alleged official corruption and forgery to the tune of $6.1 billion in connection with the Mambilla Power Project.

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Reports said that the anti-graft agency released Agunloye to a Senior Advocate of Nigeria, Adeola Adedipe, around 3:30pm. on Wednesday.When contacted over the development, the spokesperson for the EFCC, Dele Oyewale, confirmed the ex-Minister’s release on Wednesday.

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

 

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