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Former Minister, Agunloye Released From Prison

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Ex-Minister of Power and Steel, Olu Agunloye, was on Friday released from the Kuje Correctional Centre after meeting up with his bail condition.

 

The spokesperson for the FCT Command of the Nigerian Correctional Service, Adamu Duza, confirmed this to Punch.

 

Duza said, “Agunloye has been released from the prison after meeting his bail condition. He was released this evening around 5:30pm.”

 

A Federal High Court in Abuja had ordered the remand of Agunloye in Kuje Custodial Centre over a $6 billion Mambilla hydropower contract.

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The Economic and Financial Crimes Commission arraigned Agunloye before the Federal High Court in Abuja where he pleaded not guilty to the charges read against him.

The judge, however, ordered that the embattled former minister be remanded in Kuje custodial centre pending when bail would be granted.

 

It will be recalled that the EFCC declared Agunloye wanted in connection with a $6 billion power scheme involving the Mambilla hydropower project.

 

EFCC alleged that Agunloye, who served as a minister between 1999 and 2003, under the administration of former President Olusegun Obasanjo, illegally awarded a contract for the construction of a 3,960 MW Mambilla hydroelectric power station on a build, operate, and transfer basis.