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EFCC declares ex-Minister of Power and Steel wanted over $6b fraud

The Economic and Financial Crimes Commission (EFCC) has declared former Minister of Power and Steel, Pius Agunloye, wanted over alleged fraud. The Commission on its verified Facebook page urged Nigerians who know the whereabouts of Agunloye to report to the nearest police station or inform the EFCC.

EFCC stated: “Agunloye is wanted by the EFCC. You know his whereabouts? Please don’t hesitate to inform the EFCC or the nearest police station.”

The agency had invited Agunloye for questioning over his role in the $6 billion Mambila hydropower contract.

Recall that former President, Chief Olusegun Obasanjo had accused Agunloye of mismanaging the power project during his tenure from 1999 to 2003 and failed to brief him on the state of the project.

In his response, Agunloye said the nature of the initial contract for the project was awarded as a Build, Operate and Transfer contract in May 2003 under his watch.

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