A Federal High Court in Abuja has ordered the remand of former Minister of Power and Steel, Olu Agunloye, in Kuje Correctional Centre.

The Economic and Financial Crimes Commission arraigned Agunloye over allegations of fraud in the Mambilla Power Project.

Agunloye was brought before the Federal High Court in Abuja on Wednesday, where he pleaded not guilty to the charges read against him.

The judge, however, ordered that the embattled former minister be remanded pending when his bail would be granted.

The EFCC in December 2023 declared Agunloye wanted on an alleged case of forgery and corruption.

In a communique shared by the Commission on X and its website, the former minister’s image was displayed with a message urging the public to provide information that could lead to his arrest.

Shortly after the EFCC’s alert, Agunloye was apprehended and detained.

Agunloye served under President Olusegun Obasanjo’s government between 1999 and 2003.

Obasanjo had accused him of fraud in the award of the contract for the power project without approval of the Federal Executive Council (FEC).

However, Agunloye denied any wrongdoing and accused Obasanjo of trying to make him a scapegoat.

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