Abuja, Nigeria
Dr Olu Agunloye, former minister of power and steel has been remanded in Kuje prison.
Agunloye was arraigned by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud while in office under the administration of Olusegun Obasanjo.
He was brought before Justice Donatus Okorowo of the Federal High Court in Abuja on Wednesday—where he pleaded not guilty to the charges brought against him by the EFCC.
On December 21, 2023, the EFCC granted an administrative bail to Agunloye, who was arrested and detained over an alleged fraud of N6bn in the Mambilla Power Project.
He was accused by Obasanjo of illegally awarding the project’s contract without the approval of the Federal Executive Council as provided for by the law.
The former minister would be in Kuje Correctional Centre till when his bail would be granted.