The Economic and Financial Crimes Commission (EFCC) has
declared a former minister of power and steel, Olu Agunloye, wanted over
alleged $6 billion fraud.
Agunloye served under former President Olusegun Obasanjo
between 1999 and 2003.
The anti-graft agency made this known through a notification
posted on its Facebook account, appealing that anyone with information about
his whereabouts should report to the agency or the police.
The post by the EFCC reads: “Dr. U Agunloye is wanted by the
EFCC. You know his whereabout? Please don’t hesitate to inform the EFCC or the
nearest Police Station.”
It was gathered that the anti-graft agency had invited
Agunloye for questioning over his role in the $6 billion Mambila hydropower
contract but he did not honour their invitation.
While Agunloye was serving under the ex-president, the
Mambilla power project was approved but allegedly without the approval of the
Federal Executive Council (FEC).
In an interview, Obasanjo insisted that he was not in the
know of who awarded the contract.
Obasanjo challenged Agunloye to tell Nigerians where he
derived the authority to award a $6 billion contract to Sunrise Power and
Transmission Ltd in respect of the project in 2003.
In his response, Agunloye said the nature of the initial
contract for the Mambilla Power Project was awarded as a
build-operate-and-transfer contract in May 2003 under his watch.
He said the government was not obliged to pay a kobo to
Sunrise under the build, operate and transfer (BOT) agreement as it was to be
fully funded by the newly registered company, whose declared assets were worth
less than $2,000 at the time.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com