Red Flags
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Leno Adesanya
Adesanya is wanted for an alleged case of conspiracy and corrupt offer to public officers.
Quick summary on Leno Adesanya
Corruption Allegations:
Leno Adesanya, the promoter of Sunrise Power and Transmission Ltd, has been declared wanted by the EFCC for allegedly offering bribes to public officials to secure favorable contracts. His role in the Mambilla Hydropower project is under intense scrutiny.
Fraudulent Contract Awards:
Sunrise Power was controversially awarded a $6 billion Build, Operate, and Transfer (BOT) contract in 2003 under questionable circumstances, raising concerns about transparency and fairness in Nigeria’s energy sector.
Bribery and Illicit Financial Transactions:
Adesanya is accused of making illicit payments, including N3.6 million to former Minister of Power and Steel, Olu Agunloye, in exchange for contract approvals, pointing to a deeper culture of corruption.
Failure to Deliver on Mambilla Hydropower Project:
Despite being entrusted with a critical national project meant to address Nigeria’s power shortage, Sunrise Power failed to execute it effectively, leading to prolonged delays and financial losses.
Ongoing Legal and Arbitration Issues:
The Nigerian government is currently engaged in arbitration proceedings with Sunrise Power, which is demanding $2.3 billion in compensation, further complicating the nation’s financial obligations.
Intel Reports
by: Amanda Knight
Bribing officials to win contracts, then failing to deliver? That’s Nigeria’s corruption problem in a nutshell.
by: Brian Pratt
The Mambilla project was supposed to solve power issues, but thanks to Leno, it’s just another failed dream. Billions wasted, nothing built.
by: Henry Davis
This is why Nigeria can’t move forward. Corrupt elites like Adesanya win contracts they have no business handling, then turn around and sue the government for money they don’t deserve. And who suffers? The people...
by: Brianna Lee
Mambilla should have been a game-changer, but instead, it’s just another corruption scandal with no end in sight.
by: Paul Waters
How does someone accused of bribery, fraud, and contract manipulation still have so much influence? The system is broken.