Tag: Mambilla power project

SCANDAL: $500,000 Transfer to Atiku’s Wife Comes Under ICC Scrutiny in Mambilla Power Dispute

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SCANDAL: $500,000 Transfer to Atiku’s Wife Comes Under ICC Scrutiny in Mambilla Power Dispute

Fresh details from the International Chamber of Commerce (ICC) arbitration in Paris have drawn attention to a $500,000 payment made in January 2003 to Jennifer Douglas, who was then the wife of former Vice-President Atiku Abubakar, amid negotiations surrounding the controversial Mambilla Hydroelectric Power Project. The details are contained in the final award of a…

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Financial Crimes

Court Remands Former Minister Agunloye In Prison Over Mambilla Power Project

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Court Remands Former Minister Agunloye In Prison Over Mambilla Power Project

A Federal High Court in Abuja on Wednesday ordered the remand of former Minister of Power and Steel, Olu Agunloye, in Kuje Correctional Service over an alleged $6 billion fraud. The Economic and Financial Crimes Commission arraigned Agunloye before the Federal High Court in Abuja on Wednesday, where he pleaded not guilty to the charges…

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Crime Watch, Financial Crimes