The Federal High Court in Abuja has taken a decisive step regarding Olu Agunloye, a former Minister of Power and Steel under President Olusegun Obasanjo’s administration.
Justice Donatus Okorowo ordered his remand at the Kuje Correctional Centre following charges brought by the Economic and Financial Crimes Commission (EFCC) alleging his involvement in fraudulent activities.
Agunloye, who also previously served as Minister of State for Defence, pleaded not guilty to the charges.
However, the court ruled for his remand pending the determination of his bail application.
This development unfolded after the EFCC had declared Agunloye wanted on December 13, 2023, for suspected involvement in fraudulent acts.
The anti-graft agency had sought information from the public regarding his whereabouts, urging individuals to report to the nearest police station or contact the EFCC.
