EFCC Releases ex-Minister, Olu 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.

Soyinka  had decried the  arrest of Agunloye over the Mambilla Power Project by the anti-graft commission, stressing that apart from being questionable,  this is not the first time he would have to challenge the high-handed and illegal conduct of the EFCC.

He had  therefore, requested the EFCC to release all its prisoners or, in the alternative, equally arrest and detain all those involved in “this mammoth scam” of the Mambilla power project.