EFCC arraigns ex-ministers over alleged $6bn Hydropower Project fraud

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a former Minister of Power and Steel, Olu Agunloye, on corruption charges concerning a failed multi-billion-dollar Mambilla Hydropower project.

Mr Agunloye, 75, was arraigned on seven counts of fraudulent award of contract and official corruption at the Federal Capital Territory (FCT) High Court, Apo, Abuja.

He pleaded not guilty to all the seven counts preferred against him.