A Federal Capital Territory High Court in Apo, on Thursday, granted bail in the sum of N50m to a former Minister of Power and Steel, Olu Agunloye. The court had ordered his remand in the Kuje Correctional Service pending the hearing of his bail application over an alleged $6 billion fraud in connection to the Mambilla Hydroelectric Power Station. Agunloye served as minister between 1999 and 2003 under the administration of former President Olusegun Obasanjo. The Economic and Financial Crimes Commission arraigned Agunloye before Justice J.O. Onwuegbuzie on Wednesday, where…
Read MoreCourt Grants Ex-minister, Agunloye N50m Bail
