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Obasanjo offers help to Tinubu as EFCC hunt for ex-minister over alleged $6bn fraud

Former Nigerian leader Olusegun Obasanjo has offered to testify, on behalf of the President Bola Tinubu-led government, against his former minister Olu Agunloye.

Agunloye, who was minister of power and steel in the erstwhile Obasanjo administration, is involved in an alleged $6 billion fraud. The fraud is connected to the Mambilla hydropower project, which Agunloye contracted to Sunrise Power at the time.

A report on the matter has that Lateef Fagbemi, minister of justice, had written to the former president to give clarification on the contract. Obasanjo reportedly denied approving the contract award. The former president allegedly said too that, when he was president, no minister had the power to award a contract beyond N25million. Obasanjo promised to testify in a lawsuit against Agunloye and Sunrise Power, the company seeking billions of naira in damages for the termination of the contract.

At the same time, the Economic and Financial Crimes Commission (EFCC), on Wednesday, declared Agunloye, wanted over alleged fraud.

The agency urged anyone “useful information as to his whereabouts should please contact the Commission in its Benin, Kaduna, Ibadan, Sokoto, Maiduguri, Mardi, Ilorin, Enugu, Kano, Lagos, Gombe, Uyo, Port Harcourt, and Abuja offices or contact 08093322644 or email info@efcc.gov.ng or the nearest police station and any other security agencies.”

 

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