EFCC arraigns Ex-minister of Power and Steel, Olu Agunloyrle over $6bn fraud

Ex-minister of Power and Steel, Olu Agunloyrle

The Economic and Financial Crimes Commission (EFCC) has arraigned Olu Agunloye, former Minister of Power and Steel, over allegations of fraud.

The EFCC is investigating Agunloye over the $6 billion Mambilla hydropower contract.

Agunloye was brought before Donatus Okorowo, judge of a federal high court in Abuja, on Wednesday where he pleaded not guilty to the charges read against him.

The former minister has been remanded in Kuje prison pending the perfection of bail conditions.