• Home
  • News
    • BREAKING!
    • Investigation
    • Media
    • Interview
    • NEWS ANALYSIS
    • PRESS RELEASE
  • Politics
  • Business
    • OIL & GAS
    • AVIATION
    • ENERGY
    • ECONOMY
    • Agriculture
  • Crime
  • Entertainment
    • MUSIC&ENTERTAINMENT
    • PEOPLE/SOCIETY/CELEBRATION
  • Sports
  • About Us
    • Contact Us
    • Mission Statement
  • More
    • INTERNATIONAL
      • AFRICA
      • DIPLOMATIC
      • FOREIGN
    • DISASTER
    • Civil Society/Human Rights
    • EDUCATION
    • Health
    • Columnist
    • ENVIRONMENT
    • Workers World
    • Judiciary
    • Guest Column
    • Opinion
    • RELIGION
    • ADVENTURE
    • HISTORY
    • DEFENCE
    • SEXUAL VIOLENCE
    • ICT
    • SUNDAY SERMON
    • OBITUARY
    • FOR THE RECORD
    • REACTION
  • Advertise on National Record
Facebook Twitter Instagram
Trending
  • The Tinubu Enigma: Power, Strategy And The Nigerian State Part 12: When Power Meets History; By Lanre Ogundipe
  • How I Returned From The Gate Of The Other World (4), By Hassan Gimba
  • The Insecurity Triad: Azikiwe, Awolowo, And Chinweizu — Nigeria’s Elite Class Of Framework Builders
  • Digital Divide: CITAD Launches ICT Empowerment Programme For 15,000 Women
  • CITAD Donates Uniforms, Recruits Teachers For Bauchi Nomadic School
  • What The Vietnamese Taught The Africans; By Owei Lakemfa
  • Congo Protesters Set Fire To Ebola Treatment Tents In Dispute Over Victim’s Body
  • Pope Leo To Address Rise Of AI In First Major Text On May 25
Facebook Twitter Instagram
National RecordNational Record
  • Home
  • News
    1. BREAKING!
    2. Investigation
    3. Media
    4. Interview
    5. NEWS ANALYSIS
    6. PRESS RELEASE
    Featured

    Digital Divide: CITAD Launches ICT Empowerment Programme For 15,000 Women

    By National RecordMay 23, 202602 Mins Read
    Recent

    Digital Divide: CITAD Launches ICT Empowerment Programme For 15,000 Women

    May 23, 2026

    CITAD Donates Uniforms, Recruits Teachers For Bauchi Nomadic School

    May 23, 2026

    Congo Protesters Set Fire To Ebola Treatment Tents In Dispute Over Victim’s Body

    May 22, 2026
  • Politics
    Featured

    2027: Hayatu-Deen Cautions ADC Against Playing ‘Old Politics’

    By National RecordMay 22, 202603 Mins Read
    Recent

    2027: Hayatu-Deen Cautions ADC Against Playing ‘Old Politics’

    May 22, 2026

    APC Primaries: Consensus Emerges In Kano, Lagos As Benue Sees Contest

    May 21, 2026

    Mutfwang, 35 Govs Donate ₦1.1bn At Gowon’s Book Presentation

    May 19, 2026
  • Business
    1. OIL & GAS
    2. AVIATION
    3. ENERGY
    4. ECONOMY
    5. Agriculture
    Featured

    First HoldCo Group Companies’ Board, Management Teams Visit Dangote Refinery

    By National RecordMay 21, 202604 Mins Read
    Recent

    First HoldCo Group Companies’ Board, Management Teams Visit Dangote Refinery

    May 21, 2026

    Dangote Cement Rolls Out Empowerment Programmes For Gboko Host Communities In Benue

    May 21, 2026

    Olokola Deep Seaport: Dangote Engages Ogun, Ondo Communities Ahead Take-Off

    May 19, 2026
  • Crime
    Featured

    FBI Extradites Nigerian To U.S. Over Alleged Internet Romance Fraud

    By National RecordMay 21, 202602 Mins Read
    Recent

    FBI Extradites Nigerian To U.S. Over Alleged Internet Romance Fraud

    May 21, 2026

    NDLEA Arrests Nigeria-Mexico Drug Syndicate, Seizes N480bn Meth In Ogun

    May 20, 2026

    EFCC Arrests Convicted Ex-Power Minister Saleh Mamman

    May 19, 2026
  • Entertainment
    1. MUSIC&ENTERTAINMENT
    2. PEOPLE/SOCIETY/CELEBRATION
    Featured

     ‘Project Hail Mary’ Grosses N39m At West African Box Office Debut

    By National RecordMarch 31, 202601 Min Read
    Recent

     ‘Project Hail Mary’ Grosses N39m At West African Box Office Debut

    March 31, 2026

    Documentary Film, ‘Mothers Of Chibok’, Hits Cinemas Feb 27

    February 23, 2026

    Nollywood Blockbuster ‘Son Of The Soil’ Set For Premiere At Pan-African Film Festival

    February 4, 2026
  • Sports
    Featured

    Arsenal Are EPL Champions As Man City slip

    By National RecordMay 19, 202602 Mins Read
    Recent

    Arsenal Are EPL Champions As Man City slip

    May 19, 2026

    AFCON 2027: Nigeria Draws Tanzania, Madagascar, Guinea-Bissau In Group L Qualifiers

    May 19, 2026

    Shakira, Burna Boy Release Official FIFA World Cup Song ‘Dai Dai’

    May 15, 2026
  • About Us
    • Contact Us
    • Mission Statement
  • More
    • INTERNATIONAL
      • AFRICA
      • DIPLOMATIC
      • FOREIGN
    • DISASTER
    • Civil Society/Human Rights
    • EDUCATION
    • Health
    • Columnist
    • ENVIRONMENT
    • Workers World
    • Judiciary
    • Guest Column
    • Opinion
    • RELIGION
    • ADVENTURE
    • HISTORY
    • DEFENCE
    • SEXUAL VIOLENCE
    • ICT
    • SUNDAY SERMON
    • OBITUARY
    • FOR THE RECORD
    • REACTION
  • Advertise on National Record
National RecordNational Record
Home»News»ENERGY»Alleged $6bn Mambilla Power Fraud: EFCC Tenders Obasanjo’s Statement
ENERGY

Alleged $6bn Mambilla Power Fraud: EFCC Tenders Obasanjo’s Statement

National RecordBy National RecordJune 16, 2025Updated:June 16, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
Mambilla Power Project
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

THE ECONOMIC and Financial Crimes Commission (EFCC) in an Abuja high court on Monday tendered the statement made to it by former President Olusegun Obasanjo in the trial of Dr Olu Agunloye.

Agunloye, a former Minister of Power and Steel is charged infractions in the award of contract for Mambilla Hydropower Station in Taraba.

Agunloye is standing trial on an a seven-count charge bordering on forgery, disobeying presidential directive and gratification brought against him before Justice Jude Onwuegbuzie, of Apo high court.

In the charge, marked FCT/HC/CR/617/2023, EFCC alleged that Agunloye awarded contract for the Mambilla project on May 22, 2003 to Sunrise Power and Transmission Company Limited (SPTCL) without any budgetary provision, approval and cash backing.

The commission also alleged that the former minister received N5.212million from SPTCL and Leno Adesanya, through Jide Abiodun Sotirin through his Guaranty Trust Bank (GTB) account to “convey” the Federal Government’s approval for the construction of the Mambilla power project in favour of SPTCL while serving as minister.

The former minister, however, pleaded not guilty to the charge against him.

At the resumed hearing of the case, the third prosecution witness (PW3), Umar Hussein Babangida, an Assistant Commissioner of Police on secondment to EFCC told the court that former president Obasanjo, wrote a letter, dated Nov. 27, 2023, to the Attorney-General of the Federation (AGF) and Minister of Justice.

He added that in the letter, he gave account of what transpired at the Federal Executive Council (FEC) meeting of May 21, 2003 concerning the power project contract.

The witness said that EFCC subsequently wrote to the Federal Ministry of Justice, requesting for the Certified True Copy CTC) of the former president’s letter, which the ministry obliged the commission.

“We received the CTV of the document where the former president stated that he received a memorandum from the former Minister of Power.

He added that and he minuted on the document, directing minister to submit a memo to the Federal Executive Council for deliberation.

He said but, he did not give approval to the minister for the award of the contract and neither was approval given at FEC meeting of May 21, 2003.”

The witness further informed the court that in the cause of the investigation, the commission’s investigating team, met with Obasanjo.

“We interviewed the former president and he later made a statement.

“In the cause of the interview, Obasanjo told us that he did not give approval to the defendant to award the Mambilla Hydroelectric Power Station to SPTCL,” he said.

The prosecution counsel, Abba Mohammed SAN, then tendered the former president’s statement as an exhibit in the case.

The defendant’s counsel, Samuel Fagade, who represented the lead counsel, Adeola Adedipe SAN, objected to the document though he did not state the grounds of object.

He, however, told the court that he was reserving it for the final argument in the case.

The former president’s statement was temporarily admitted as an exhibit by the court.

Giving the summary of their interview session with the former president, Babangida told the court that Obasanjo told the investigating team that the former minister was directed by the FEC meeting of May 21, 2003 to withdraw his memorandum.

He added that the team was further told by Obasanjo that the letter issued on May 22, 2003 by the then minister of power awarding the contract to SPTCL was not on behalf of the Federal Government of Nigeria.

The witness further told the court that the investigating team then reviewed Agunloye’s financial records and discovered that he (defendant) operated several bank accounts, including one with the GT Bank.

He informed the court that Agunloye received money through his GT Bank account from one Sotirin Jide Abiodun.

He said he was a domestic personal assistant to Leno Laitan Adesanya as well as staff member of companies belonging to Adesanya and a director in Sunrise Power Transmission Company Limited.

According to the witness, Sotirin Abiodun transferred the sums of N3.6million; N500,000 and N1.1million to Agunloye’s account on Aug. 10, 2019, Oct. 22, 2019 and Nov. 13, 2019 respectively.

Justice Onwuegbuzie adjourned until June 18 for continuation of hearing. (NAN)

Follow the National Record Channel on WhatsApp

$6bn Mambilla power fraud EFCC Obasanjo's statement tenders
National Record

Related Posts

Digital Divide: CITAD Launches ICT Empowerment Programme For 15,000 Women

May 23, 2026

CITAD Donates Uniforms, Recruits Teachers For Bauchi Nomadic School

May 23, 2026

Congo Protesters Set Fire To Ebola Treatment Tents In Dispute Over Victim’s Body

May 22, 2026

Leave A Reply Cancel Reply

Recent Posts
  • The Tinubu Enigma: Power, Strategy And The Nigerian State Part 12: When Power Meets History; By Lanre Ogundipe
  • How I Returned From The Gate Of The Other World (4), By Hassan Gimba
  • The Insecurity Triad: Azikiwe, Awolowo, And Chinweizu — Nigeria’s Elite Class Of Framework Builders
  • Digital Divide: CITAD Launches ICT Empowerment Programme For 15,000 Women
  • CITAD Donates Uniforms, Recruits Teachers For Bauchi Nomadic School
About Us
About Us

Contest Communications Limited is a company incorporated to operate a purely ideologically progressive and working class news establishment. Registered in 2019 to bring this idea into reality, National Record, with the domain name: https://nationalrecord.com.ng/ was conceived to operate as an online news publication.

Contact Us

Contest Communications Limited

Address: 2nd Floor, Suite 21B, Dagep Plaza, Opposite Anaconda Garden and Resort, Off Karu Roundabout, Karu-Site, AMAC, Abuja-FCT.

Phone: +2348033209749

Email: Nationalrecordng@gmail.com

Facebook Twitter Instagram Pinterest
© 2026 All Right Reserved. National Record. Designed By DeedsTech.

Type above and press Enter to search. Press Esc to cancel.