HomeBreaking NewsAlleged $6bn Mambilla Power Fraud:  FEC Directed Agunloye to Withdraw Award of...

Alleged $6bn Mambilla Power Fraud:  FEC Directed Agunloye to Withdraw Award of Contract-Witness

-

 The Third Prosecuting Witness, PW3, Umar Hussein Babangida in the ongoing trial of former Minister of Power and Steel, Olu Agunloye, on Tuesday, February 17, 2026 restated before Justice Jude Onwuegbuzie of the Federal High Court, sitting in Apo, Abuja that Agunloye was directed by the Federal Executive Council, FEC, under former President Olusegun Obasanjo to withdraw the memo of award of Mambilla Power Project contract to Sunrise Power Transmission Company Limited.

Under cross-examination by defence counsel,  Adeola Adedipe, SAN, the witness, an officer of the Economic and Financial Crimes Commission, EFCC, disclosed that FEC never asked the defendant to reduce the approval to 10 per cent government equity participation but rather directed him to withdraw the award memo.

Asked if he had come across an opinion letter contained in “Exhibit EFCC 3s” by a former Attorney General of the Federation, Michael Aondoakaa, SAN to the Federal Government for the revival of the contract award to Sunrise Power Transmission Company Limited because of its legal implications, the witness dismissed it as the opinion of the former Attorney General of the Federation.

He dismissed in the same manner, the legal opinion of another former Attorney General of the Federation, Abubakar Malami, SAN to the then President Muhammadu Buhari, dated May 20, 2016 that supported that of Aondoakaa on the Mambilla Hydro Electric Power project.

Asked if he knew in 2012 that there were terms of settlement that were entered in respect of the award of contract to Sunshine Power Transmission Ltd between the Minister of Power and Attorney of the Federation and two others, he was, however,  overruled by the court following an objection to it by the prosecution counsel, Abba Mohammed, SAN.

Asked if he was aware of the law on the privatisation of various aspects of the power supply chain and to cite any law that mandates agencies of the federal government to obtain FEC approval before issuing contract awards, the prosecution counsel, again, objected to the question, describing it as “hypothetical, not factual and in the realm of speculation.”

He further stated that it violated Section 128 of the Evidence Act, noting that “This report doesn’t make reference to any law.” The witness, he added, “should not be made to quote laws.”

The court adjourned the matter till Wednesday, February 18, 2026.

#https://securitynewsalert.com/

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

RULAAC Petitions IGP Over Alleged Extrajudicial Violence, Enforced Disappearance in Imo State

The Rule of Law and Accountability Advocacy Centre (RULAAC) has filed an urgent petition with the Inspector-General of Police, alleging a disturbing campaign of extrajudicial...

NDLEA intercepts cocaine, loud in food flasks, snacks, arrests fashion designer, others

... Raids Edo, Cross River forests ...Destroys over 17,000kg of skunk, recovers large consignments in Lagos, Delta, and KadunaOperatives of the National Drug Law Enforcement Agency...

After Weeks Behind Bars, UK-Based Blogger Regains Freedom Amid ‘Lawfare’ Allegations

UK-based Nigerian blogger Maureen Badejo has been released after spending over a month in detention at Kurokimi Prison, in a case described by activist Omoyele...

RULAAC Petitions IGP Over Arrest of Imo LG Vice Chairman, Alleges Evidence Tampering

The Rule of Law and Accountability Advocacy Centre (RULAAC) has petitioned the Inspector-General of Police, calling for an independent and uncompromised investigation into the arrest...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img