Alleged N6bn Fraud: Court dismisses Agunloye’s fundamental rights’ suit against EFCC

Justice Obiora Egwuatu of the Federal High Court, Abuja, on Monday dismissed an application of former Minister of Power and Steel, Olu Ogunloye, alleging abuse of his fundamental rights and seeking to be shielded from investigation and prosecution by the Economic and Financial Crimes Commission (EFCC).

Ogunloye, in the application, sought the pronouncement of the court against his invitation, interrogation and prosecution by the EFCC in connection with the alleged award of N6 billion contract in 2003 to Sunrise Power and Transmission Company Limited, SPTCL, in his capacity as Minister of Power and Steel without the approval of the Federal Executive Council (FEC).

Additionally, he is also standing trial for allegedly receiving the sum of N3,600,000.00 (Three Million Six Hundred Thousand Naira) through his Guaranty Trust Bank account no.0022530926 from Sunrise Power and Transmission Company Limited (SPTCL) in 2019.