EFCC has powers to probe Agunloye over alleged $6b fraud

The Economic and Financial Crimes Commission (EFCC) has said it has powers, based on judicial precedents, to prosecute a former Minister of Power and Steel, Olu Agunloye, over an alleged $6 billion Mambilla hydroelectric power plant. EFCC is prosecuting Agunloye, who served under former President Olusegun Obasanjo, for alleged infractions on the power plant. The suit is before Justice Jude Onwuegbuzie of a Federal Capital Territory (FCT) High Court at Apo in Abuja.