Alleged $6bn Fraud: Ex-Minister Of Power, Agunloye Loses Bid To Stop Prosecution

Date: 16-05-2024 5:31 pm (3 weeks ago) | Author: onuigbo felicia
- at 16-05-2024 05:31 PM (3 weeks ago)
Online (f)

The Federal Capital Territory (FCT) High Court in Apo has dismissed a preliminary objection brought by former Minister of Power and Steel, Olu Agunloye, challenging the authority of the Economic and Financial Crimes Commission (EFCC) to prosecute him.

This was made known in a post by the EFCC on its official X handle on Thursday.

Agunloye is facing prosecution by the EFCC on a seven-count charge bordering on alleged $6 billion fraud involving the Mambilla Power Project.

Agunloye had through his counsel, Adeola Adedipe (SAN) filed a motion challenging the powers of the EFCC to investigate and prosecute him as well as that of the jurisdiction of the court to try him.

In response, prosecution counsel Abba Muhammed filed a counter affidavit, dismissing Agunloye’s motion as incompetent and offensive to the provisions of Section 115(2) of the Evidence Act.

In a ruling on Wednesday, Justice Jude Onwuegbuzie struck out Agunloye’s motion for lack of merit and held that sections 6 and 7 of the EFCC Establishment Act, 2004, gave the Commission investigative and prosecutorial powers to cause investigation into any act of economic and financial crimes.

Regarding the legitimacy of the prosecution fiat the Commission obtained from the Office of the Auditor-General rather than that of the Attorney-General of the Federation, AGF, the judge held that any other state, authority or person was eligible to institute criminal prosecution in the absence of the AGF.

“Even if the charge has no seal of the Attorney-General of the Federation, that does not stop the potency of the charge, as the Attorney-General may decide on any member of his department he wishes to delegate his powers to carry out his duties by law,” he said.

He adjourned the matter till May 30, 2024, for continuation of trial.

Posted: at 16-05-2024 05:31 PM (3 weeks ago) | Addicted Hero
- gogoman at 16-05-2024 05:42 PM (3 weeks ago)
Online (m)
 Cool Cool Cool
Posted: at 16-05-2024 05:42 PM (3 weeks ago) | Grande Master
Reply
- fineboy77 at 16-05-2024 08:03 PM (3 weeks ago)
Online (m)
kill him

Posted: at 16-05-2024 08:03 PM (3 weeks ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. BREAKING: Nollywood Mourns As Veteran Actor Sule Suebebe Passes On

  2. Moment President Tinubu Falls While Climbing A Parade Vehicle For Democracy Day Celebration

  3. JUNE 12: Protesters Storm Ikeja With Placards To Protest Economic Hardship In Nigeria (VID/PIC)

  4. "My Reforms Have Created Hardship" -Tinubu Admits In Democracy Day Broadcast

  5. 'I Used To Work In An Ice Cream Shop' - Nigerian Singer, Guchi Open Up On Her Journey To Fame

  6. "Loving More Than One Woman Helps A Man Know The Right One" -Singer D’banj Says

  7. VIDEO; Properties Destroy As Four-storey Building Collapses In Onitsha

  8. Wife Reacts After Being Accused Of Preventing Her UK-Based Nigerian Husband From Seeing

  9. PHOTOS: Family, Friends Demand Justice For Woman Kidnapped And Killed In Abuja

  10. "Let’s Stay Back And Salvage Nigeria" - VP Shettima Tells Resident Doctors

  11. 'Lyrics Of The New National Anthem We Released Is The Authentic One' - NOA Replies Akpabio


THIS WEEK
  1. Nigerian 'Big Boy' Hushpuppi Has Reportedly Been Released From US Prison, Video Trends

  2. Omoyele Sowore Alleges Fraudulent Packaging Of Peter Obi's Candidacy

  3. Nigerian Lady Kills Self After Her Interview Recounting How She Was Sleeping With Dog Go Viral

  4. Actress, Aunty Ramota is Reportedly in Coma After Undergoing BBL Surgery in Ikorodu (VID)

  5. VIDEO: Peter Obi Storms Singer, Flavour's Hometown in Enugu For His Father's Burial

  6. VIDEO: Burkina Faso Men Give Ex Minister Beating Of His Life for Embezzling Public Funds

  7. Senior Pastor Of The City Of David Parish, Pastor Idowu Iluyomade Resigns From RCCG

  8. Former LP Chieftain, Doyin Okupe Declares Tinubu Superior to 2023 Presidential Candidates (Vid)

  9. Moment Gov Adeleke Gave His 28yr Old Daughter, Nike 12months Ultimatum to Get Married (VID)

  10. Northern Group Slams Peter Obi, Says He Lacks Understanding Of Nigeria


TOP MEMBERS: