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EFCC Re-arraigns Ex-minister Over Alleged $6bn Mambilla Fraud

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The Economic and Financial Crimes Commission has re-arraigned former Minister of Power and Steel, Olu Agunloye, before Justice Jude Onwuegbuzie of the Federal High Court sitting in Apo, Abuja.

Agunloye was accused in an amended seven-count charge over the alleged fraudulent award of the Mambilla Hydroelectric Power Project contract worth $6 billion.

EFCC disclosed this in a statement on its X handle on Thursday.

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Count one reads: “That you, Olu Agunloye, whilst being the Minister of Power and Steel on or about the 2nd of May, 2003 in Abuja within the jurisdiction of this Honorable Court, knowingly disobeyed the directive of the President, made in the Federal Executive Council meeting of 21st May 2003, directed at you pursuant to the Presidents’ powers under Section 5(1) (a) of the Constitution of the Federal Republic of Nigeria 1999 (as amended) when you signed a letter addressed to Sunrise Power and Transmission Company Limited, conveying the approval of the Government of the Federal Republic of Nigeria for the construction of the 3,960 megawatts Mambilla Hydroelectric Power Station and you thereby committed an offence contrary to and punishable under Section 123 of the Penal Code Law.”

READ ALSO:$6bn Mambilla Project: Court Fails To Hear Agunloye’s Preliminary Objection

Count Four reads: “That you, Olu Agunloye whilst being the Minister of Power and Steel and Leno Adesanya (at large) of Sunrise [Power and Transmission Company Limited, on or about the 22nd of May, 2003 in Abuja within the jurisdiction of this Honourable Court, with intent to cause the Federal Republic of Nigeria (FRN) to enter into a contract with Sunrise Power and Transmission Company Limited (SPTCL) used as genuine, a false document titled, “Construction of 3,960mw Mambilla Hydroelectric Power Station on a Build, Operate and Transfer Basis,” dated the 22nd of May, 2003, and thereby committed an offence contrary to Section 366 and punishable under Section 364 of the Penal Code.”

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Agunloye pleaded not guilty to all counts.

EFCC counsel M.K. Hussein told the court he was ready to continue the testimony of the third prosecuting witness.

READ ALSO:JUST IN: Ex-minister, Agunloye Released From Prison

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He asked for a date for the continuation of the trial.

Justice Onwuegbuzie adjourned the matter to 9 October 2025 for the continuation of trial.

The PUNCH reports that a key witness in the case, Adewale Agunbiade, in September 2024, told the court that N5.2 million was wired into an account belonging to Agunloye, in connection with the Mambilla Power Project contract.

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Agunbiade alleged that the transaction formed part of the purported corrupt dealings underlying the contract’s award.

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JUST IN: Hausa, Benin Youths Clash Over Killing Of Suspected Yahoo Boy

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Photo: file copy

Several persons were on Wednesday night injured in a clash between Hausa and Benin youths, in Ogheghe community, Egor Local Government Area of Edo State, over the killing of a suspected yahoo boy identified as Chizi Benz.

According to sources, Chizi Benz was said to have been stabbed to death by a Hausa youth over a sour deal.

Though details of the deal were not available as at press time, the killing of Chidi Benz sparked outrage as youths stormed the streets with dangerous weapons in a revenge mission.

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According to sources, many ‘Abokis’ were injured in a reprisal attack while others fled for safety.

READ ALSO:Deputy Gov Pledges Support For Edo Queens

News of the killing was to have spread to nearby communities of Uwelu along the Siluko Axis, forcing Hausa youths who do petty trading and rides okada closed their businesses and fled for safety.

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According to sources, policemen who were deployed to the area fired tear gas to disperse the angry youths.

Edo Police Spokesman, Moses Yamu, who confirmed the incident, promised to send a detailed statement.

He was yet to do so as at press time.

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EFCC Arraigns Three Over 25m Petroleum Theft In Lagos

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The Economic and Financial Crimes Commission on Wednesday, October 29, 2025, arraigned a vessel, MT Ostria, and three individuals before Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, over alleged petroleum theft involving over 25 million litres of Premium Motor Spirit belonging to NNPC Retail Limited.

In a statement posted by EFCC on Wednesday on X, the defendants — Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin, and Mr. Vincent Wayas — were charged alongside the vessel on a four-count charge of conspiracy and stealing.

The charges state that the defendants conspired to steal 25,354,000 litres of PMS, an offence contrary to Sections 411 and 280 of the Criminal Law of Lagos State, 2015, and punishable under Section 287 of the same law.

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READ ALSO:Court Admits More Evidence In EFCC’s $4.5bn Case Against Emefiele

One of the counts reads: “MT Ostria, Captain Raymundo A. Panaligam, Chief Officer Roneno Villarin and Mr. Vincent Wayas sometime in January 2024 in Lagos, within the jurisdiction of this honourable court, conspired amongst yourselves to commit felony, to wit: stealing of Thirteen Million, Five Hundred and Fifty Four Thousand (13,354,000) litres of Premium Motor Spirit, property of NNPC Retail Limited.”

Other counts outline alleged thefts of 9 million litres and 3 million litres of PMS on or about January 17, 2024.

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All defendants pleaded not guilty when the charges were read to them.

READ ALSO:EFCC Grills Ex-NNPCL Boss, Mele Kyari

Following their plea, EFCC prosecuting counsel, Bilikisu Buhari, prayed the court “to set a trial date and remand the defendants in a correctional facility. She prayed the court not to grant them bail, that the applicant was a flight risk, that they had nothing to lose if they jump bail or abscond from trial.”

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The statement stated that: “However, the defence team informed the court that bail applications had already been filed and urged that the defendants be allowed to continue under the bail conditions earlier granted by the EFCC.”

Justice Dada subsequently ruled, “That the defendants should continue on the existing EFCC bail conditions and subsequently adjourned the case to November 17 and 27, 2025, for the commencement of trial.”

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NSCDC Arrests Five Fake Security Operatives In Anambra

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The Nigeria Security and Civil Defence Corps, Anambra State Command, has arrested five suspected illegal private security operatives and recovered a pump-action rifle during a series of coordinated raids in Awka.

The State Commandant, Maku Olatunde, disclosed this on Wednesday while parading the suspects at the command headquarters in Awka.

Olatunde said the operation, conducted across several hotels and grocery stores in Awka on Tuesday, October 28, 2025, around 11 am, followed credible intelligence reports.

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He explained that the intelligence indicated the presence of individuals wearing uniforms resembling those of legitimate security outfits, allegedly hired by political actors to cause unrest ahead of the November 8 governorship election.

READ ALSO:UK High Commissioner Concludes Anambra Visit, Urges Transparent Election

He said, “In a bid to rid Anambra State of individuals masquerading as private security operatives, the NSCDC, Anambra State Command, has apprehended five suspected illegal private security operatives and recovered a pump action rifle during a series of raids conducted in Awka.

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“The raids conducted across various hotels and grocery stores in Awka on Tuesday, October 28, 2025, at about 11:00hrs, were based on credible intelligence indicating the presence of individuals dressed in attire resembling that of a security outfit, who may have been hired by political actors with the intention of utilising them to cause chaos during the election.”

He listed the suspects as Mmeka Ekene (43), Peter Detuchi Kelvin (28), Sunday Akpan Idiong (45), Enemuo Ifeanyichukwu (26), and Francis Ugochukwu Nwosu (28).

Olatunde explained that the operation, which was carried out by the Private Guard Companies Department, was aimed at flushing out undesirable elements, criminal gangs, and irredentists, as well as preventing emerging security threats, illegal possession of firearms, and any form of violence or intimidation that could undermine the peaceful conduct of the election.

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READ ALSO:Anambra, Lagos, Others Top 2025 Fiscal Performance Rankings, As C’Rivers Dropped from 5th to 30th

He continued, “We are resolute in our commitment to providing a secure environment for the conduct of the forthcoming governorship election, slated for November 8, 2025. We will continue to work tirelessly to ensure that Anambra State remains peaceful and secure.”

The Commandant further stressed that the NSCDC would not be swayed by the antics of individuals pretending to be private security operatives in a bid to disrupt the electoral process.

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The Command, in collaboration with other security agencies, will take all necessary measures within its operational guidelines to counter and suppress any act that could potentially destabilise the peace enjoyed in the state,” he said.

Olatunde also revealed that the Command had strengthened surveillance and enhanced intelligence gathering to thwart any attempts by “disruptive elements or desperate politicians” to compromise the electoral process.

He stated, “The arrested suspects are currently being interrogated and will be charged in court upon conclusion of the investigation,” The PUNCH quoted him.

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