The Economic and Financial Crimes Commission (EFCC) has released a former Minister of Power and Steel, Olu Agunloye, on bail.
But according to The Punch, the former Minister of State for Defence was released by the anti-graft agency around 3.30 p.m. on Wednesday to his lawyer, Adeola Adedipe (SAN).
EFCC sources disclosed that Agunloye would be arraigned in court in January 2024 on charges of official corruption and forgery to the tune of N6bn.
In a chat with the newspaper, the spokesperson for the EFCC, Dele Oyewale, confirmed the ex-munister’s release on Wednesday.
He said: “Yes, you’re right, Mr. Agunloye has been released by the commission.”
Recall that the Agunloye was declared wanted in connection with an alleged N6bn scam involving the contentious Mambilla hydropower project.
He was, however, rearrested by the operatives of the agency on December 13, 2023, after getting an arrest warrant following allegations that Agunloye jumped bail.
Agunloye was a minister under former President Olusegun Obasanjo’s government (1999-2003) and has since been at the centre of the controversy about the Mambilla project.
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