EFCC arrests Energy Commission DG over alleged ₦500bn fraud probe

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Operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly arrested the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, over allegations of money laundering involving about ₦500bn.

A source within the anti-graft agency told Punch on condition of anonymity that Abdullahi was picked up in Abuja on Wednesday and is currently in EFCC custody.

The source said the investigation relates to alleged large-scale financial misconduct said to run into hundreds of billions of naira.

“We have arrested the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, for money laundering offences. He is in our custody. The funds involved are about ₦500bn,” the source stated.

The EFCC has yet to issue an official statement confirming the arrest, and its spokesperson, Dele Oyewale, could not be reached for comment at the time of filing this report.

Dr Abdullahi was appointed Director-General of the Energy Commission of Nigeria on October 24, 2023, by President Bola Tinubu.

The circumstances surrounding the allegations and the details of the ongoing investigation were still unclear as of press time.

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