Olu Agunloye released on bail

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Abuja, Jan. 20, 2024 – Olu Agunloye, a former Minister of Power and Steel, was released on bail on Friday evening after meeting his bail conditions,

Adamu Duza, the Spokesperson for the Nigerian Correctional Service in Federal Capital Territory, confirmed his release from detention.   

A Federal High Court in Abuja had ordered the remand of Agunloye in Kuje Custodial Centre over an alleged $6bn contract fraud in the Mambilla Power project.

The Economic and Financial Crimes Commission had arraigned Agunloye before the Federal High Court in Abuja where he pleaded not guilty to the charges preferred against him.

The judge later granted him bail and ordered that he should be released after meeting the bail conditions. (GBN)

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