Friday, August 21, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    ‘My 28-Year Marriage Ended a Year Ago’ — Gospel Artiste Asu Ekiye

    ‘My 28-Year Marriage Ended a Year Ago’ — Gospel Artiste Asu Ekiye

    Over 500 Spiritual, Medical Help Offers Pour in For Ailing Ogogo – Jide Kosoko

    Over 500 Spiritual, Medical Help Offers Pour in For Ailing Ogogo – Jide Kosoko

    Nollywood Veteran Ogogo Battles Stage 4 Cancer, Family Seeks Urgent Help as Hospitals Reject Treatment

    Nollywood Veteran Ogogo Battles Stage 4 Cancer, Family Seeks Urgent Help as Hospitals Reject Treatment

    Nollywood Actress Tope Osoba Died In Ikorodu Police Station, Not From Cancer – Fiancé

    Nollywood Actress Tope Osoba Died In Ikorodu Police Station, Not From Cancer – Fiancé

    ‘OGO TUNTUN’: Actress Temitope Osoba’s Last Post Minutes Before Her Demise Sparks Emotional Reactions

    ‘OGO TUNTUN’: Actress Temitope Osoba’s Last Post Minutes Before Her Demise Sparks Emotional Reactions

    TikToker Undergoes Traditional Cleansing After Filming Figure Linked to Ibadan’s Sacred Oloolu Masquerade

    TikToker Undergoes Traditional Cleansing After Filming Figure Linked to Ibadan’s Sacred Oloolu Masquerade

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Why Burna Boy Was the Perfect Fit for 2026 FIFA World Cup Anthem ‘Dai Dai’ – Shakira

    Why Burna Boy Was the Perfect Fit for 2026 FIFA World Cup Anthem ‘Dai Dai’ – Shakira

    Petition to Ban Argentina From FIFA World Cup Surpasses 23 Million Signatures

    Petition to Ban Argentina From FIFA World Cup Surpasses 23 Million Signatures

    Spain Beat Argentina After Extra Time to Win 2026 FIFA World Cup, Ferran Torres Fires La Roja to Glory

    Spain Beat Argentina After Extra Time to Win 2026 FIFA World Cup, Ferran Torres Fires La Roja to Glory

    Spain Sink France 2-0 to Storm into 2026 World Cup Final

    Spain Sink France 2-0 to Storm into 2026 World Cup Final

    History Made as Egypt Beat Australia 4-2 to Reach First-Ever World Cup Round of 16

    History Made as Egypt Beat Australia 4-2 to Reach First-Ever World Cup Round of 16

    Tinubu to Team Nigeria: Win Clean, Make the Nation Proud at Glasgow 2026

    Tinubu to Team Nigeria: Win Clean, Make the Nation Proud at Glasgow 2026

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Johnson & Johnson Offers $5.5bn to End 69,000 Lawsuits Over Claims Baby Powder Caused Ovarian Cancer

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    ‘My 28-Year Marriage Ended a Year Ago’ — Gospel Artiste Asu Ekiye

    ‘My 28-Year Marriage Ended a Year Ago’ — Gospel Artiste Asu Ekiye

    Over 500 Spiritual, Medical Help Offers Pour in For Ailing Ogogo – Jide Kosoko

    Over 500 Spiritual, Medical Help Offers Pour in For Ailing Ogogo – Jide Kosoko

    Nollywood Veteran Ogogo Battles Stage 4 Cancer, Family Seeks Urgent Help as Hospitals Reject Treatment

    Nollywood Veteran Ogogo Battles Stage 4 Cancer, Family Seeks Urgent Help as Hospitals Reject Treatment

    Nollywood Actress Tope Osoba Died In Ikorodu Police Station, Not From Cancer – Fiancé

    Nollywood Actress Tope Osoba Died In Ikorodu Police Station, Not From Cancer – Fiancé

    ‘OGO TUNTUN’: Actress Temitope Osoba’s Last Post Minutes Before Her Demise Sparks Emotional Reactions

    ‘OGO TUNTUN’: Actress Temitope Osoba’s Last Post Minutes Before Her Demise Sparks Emotional Reactions

    TikToker Undergoes Traditional Cleansing After Filming Figure Linked to Ibadan’s Sacred Oloolu Masquerade

    TikToker Undergoes Traditional Cleansing After Filming Figure Linked to Ibadan’s Sacred Oloolu Masquerade

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Why Burna Boy Was the Perfect Fit for 2026 FIFA World Cup Anthem ‘Dai Dai’ – Shakira

    Why Burna Boy Was the Perfect Fit for 2026 FIFA World Cup Anthem ‘Dai Dai’ – Shakira

    Petition to Ban Argentina From FIFA World Cup Surpasses 23 Million Signatures

    Petition to Ban Argentina From FIFA World Cup Surpasses 23 Million Signatures

    Spain Beat Argentina After Extra Time to Win 2026 FIFA World Cup, Ferran Torres Fires La Roja to Glory

    Spain Beat Argentina After Extra Time to Win 2026 FIFA World Cup, Ferran Torres Fires La Roja to Glory

    Spain Sink France 2-0 to Storm into 2026 World Cup Final

    Spain Sink France 2-0 to Storm into 2026 World Cup Final

    History Made as Egypt Beat Australia 4-2 to Reach First-Ever World Cup Round of 16

    History Made as Egypt Beat Australia 4-2 to Reach First-Ever World Cup Round of 16

    Tinubu to Team Nigeria: Win Clean, Make the Nation Proud at Glasgow 2026

    Tinubu to Team Nigeria: Win Clean, Make the Nation Proud at Glasgow 2026

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home News

Alleged $6bn Fraud: Agunloye Loses Bid To Stop Prosecution

The Daily Crucible by The Daily Crucible
May 15, 2024
in News
0
Alleged $6bn Fraud: Agunloye Loses Bid To Stop Prosecution

Justice Jude Onwueguzie of the Federal Capital Territory High, FCT, Court, sitting in Apo, Abuja on Wednesday, May 15, 2024 dismissed a preliminary objection brought by ex-minister of Power and Steel, Olu Agunloye challenging the powers of the Economic and Financial Crimes Commission, EFCC to prosecute him.

Agunloye is facing prosecution by the EFCC on seven-count charges bordering on suspected fraudulent Mambilla Power Project contract award to the tune of $6billion (Six Billion US Dollars).

You might also like

‘Choose Compassionate Leaders,’ Iyabo Obasanjo Tells Persons With Disabilities

Tinubu Receives Adeleke at Villa, Slams Atiku, ADC Candidate Over Subsidy Position

Subsidy Reversal is ‘Desperate Plan to Kill Local Refineries,’ Presidency Tells Atiku

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 as well as that of the jurisdiction of the court to try him.

In response, prosecution counsel Abba Muhammed filed a counter affidavit, dated February 22, 2024, where he dismissed Agunloye’s motion as incompetent and offensive to the provisions of Section 115(2) of the Evidence Act.

Delivering ruling on Wednesday, Justice Onwuegbuzie struck out Agunloye’s motion for lack of merit and held that Section 6 and 7 of the EFCC Establishment Act, 2004 gave the Commission investigative and prosecutorial powers to cause 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.

Regarding 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.

“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,” he said.

He adjourned the matter till May 30, 2024 for continuation of trial.

 

Previous Post

Psychiatric Patients Attack Doctor, Nurses In Protest Over Curtailing Of Freedom, Others 

Next Post

Oduduwa: Myths And Narratives As History (1)

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

‘Choose Compassionate Leaders,’ Iyabo Obasanjo Tells Persons With Disabilities
News

‘Choose Compassionate Leaders,’ Iyabo Obasanjo Tells Persons With Disabilities

by The Daily Crucible
August 21, 2026
Tinubu Receives Adeleke at Villa, Slams Atiku, ADC Candidate Over Subsidy Position
News

Tinubu Receives Adeleke at Villa, Slams Atiku, ADC Candidate Over Subsidy Position

by The Daily Crucible
August 21, 2026
Subsidy Reversal is ‘Desperate Plan to Kill Local Refineries,’ Presidency Tells Atiku
News

Subsidy Reversal is ‘Desperate Plan to Kill Local Refineries,’ Presidency Tells Atiku

by The Daily Crucible
August 20, 2026
‘Arewa Made You President’: Atiku Fires Back at Obasanjo, Says He Had No Electoral Value in 1999
News

‘Arewa Made You President’: Atiku Fires Back at Obasanjo, Says He Had No Electoral Value in 1999

by The Daily Crucible
August 20, 2026
Ogun 2027: Awori Obas Back Adeola, Say It’s Ogun West’s Turn
News

Ogun 2027: Awori Obas Back Adeola, Say It’s Ogun West’s Turn

by The Daily Crucible
August 20, 2026
Next Post
Oduduwa: Myths And Narratives As History (1)

Oduduwa: Myths And Narratives As History (1)

Leave a Reply Cancel reply

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

No Result
View All Result

Advertisement

Advertisement

Recent News

‘Choose Compassionate Leaders,’ Iyabo Obasanjo Tells Persons With Disabilities

‘Choose Compassionate Leaders,’ Iyabo Obasanjo Tells Persons With Disabilities

August 21, 2026
Tinubu Receives Adeleke at Villa, Slams Atiku, ADC Candidate Over Subsidy Position

Tinubu Receives Adeleke at Villa, Slams Atiku, ADC Candidate Over Subsidy Position

August 21, 2026
Subsidy Reversal is ‘Desperate Plan to Kill Local Refineries,’ Presidency Tells Atiku

Subsidy Reversal is ‘Desperate Plan to Kill Local Refineries,’ Presidency Tells Atiku

August 20, 2026
‘My 28-Year Marriage Ended a Year Ago’ — Gospel Artiste Asu Ekiye

‘My 28-Year Marriage Ended a Year Ago’ — Gospel Artiste Asu Ekiye

August 20, 2026
‘Arewa Made You President’: Atiku Fires Back at Obasanjo, Says He Had No Electoral Value in 1999

‘Arewa Made You President’: Atiku Fires Back at Obasanjo, Says He Had No Electoral Value in 1999

August 20, 2026
Ogun 2027: Awori Obas Back Adeola, Say It’s Ogun West’s Turn

Ogun 2027: Awori Obas Back Adeola, Say It’s Ogun West’s Turn

August 20, 2026
“Don’t Smuggle a Lagos Proxy Through Ogun West Agitation” — A3 Tells Olota, Other Awori Monarchs Ahead of 2027

“Don’t Smuggle a Lagos Proxy Through Ogun West Agitation” — A3 Tells Olota, Other Awori Monarchs Ahead of 2027

August 20, 2026
Tinubu Orders Recovered Looted Funds, Unclaimed Dividends into NELFUND as Student Loans Hit N343bn

Tinubu Orders Recovered Looted Funds, Unclaimed Dividends into NELFUND as Student Loans Hit N343bn

August 19, 2026
Tinubu Orders Five-Year Security Plan as Agencies Face Rising Threats

Tinubu Orders Five-Year Security Plan as Agencies Face Rising Threats

August 19, 2026
Eldest Oyo Monarch Joins Calls for Urgent Installation of Aresa-Adu of Iresa-Adu

Eldest Oyo Monarch Joins Calls for Urgent Installation of Aresa-Adu of Iresa-Adu

August 19, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.