October 19, 2026
FB_IMG_1715841675928

By Ola Kay

The Federal Capital Territory High, FCT, Court, sitting in Apo, Abuja on Wednesday, May 15, 2024 has set aside a preliminary objection brought by former Minister of Power and Steel, Dr. Olu Agunloye, ( under the President Olusegun Obasanjo’s administration) challenging the powers of the Economic and Financial Crimes Commission, EFCC, to effect his prosecution.

The former minister is facing prosecution by the anti-graft agency in seven-count charge on the alleged fraudulent Mambilla Power Project contract award to the tune of $6 billion (Six Billion US Dollars).

On February 8, 2024, Agunloye had through his counsel, Adeola Adedipe ,SAN, filed a motion challenging the powers of the EFCC to investigate and prosecute him, including the jurisdiction of the court to try him.

But the prosecution counsel, Abba Muhammed, responded by filing a counter affidavit that was dated February 22, 2024,dismissing Agunloye’s motion as incompetent and offensive to the provisions of Section 115(2) of the Evidence Act.

During his ruling on Wednesday, Justice Onwuegbuzie Jude struck out Agunloye’s motion for lack of merit and held that Section 6 and 7 of the EFCC Establishment Act, 2004 mandated the Commission the power to investigate and prosecute , including conducting investigation into any act of economic and financial crimes.

“On issues of whether the EFCC has the statutory power to investigate and prosecute before a court of competent jurisdiction, I have considered the application of the defence and the respondent, and I hold that the EFCC is charged with the investigation and prosecution of all economic and financial crimes including, contract scams, money laundering, advance fee fraud etc, including the investigation and enforcement of all economic and financial crimes laws, also cause investigation to weather an individual or company, or anybody is likely to commit any crime. Since the instant charges brought against the defendant are economic and financial crimes in nature, the motion brought by the defendant lacks merit and is hereby dismissed,” the judge ruled.

On 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.

He said: “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.”

The court adjourned the matter for hearing till May 30, 2024 for continuation of trial.

About The Author

invitation

Leave a Reply

Your email address will not be published. Required fields are marked *