Categories: News

EFCC arrests Energy Commission DG over N500bn fraud

Operatives of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering offences.

A source within the anti-graft agency disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently being held in the commission’s custody.

According to the source, the investigation involves alleged financial transactions estimated at about N500bn.

The official, who spoke on condition of anonymity because he was not authorised to comment publicly on the matter, said the commission was investigating the alleged fraud and money laundering allegations linked to the agency.

Efforts to obtain an official confirmation from EFCC spokesperson, Dele Oyewale, were unsuccessful as he could not be reached as of the time of filing this report.

President Bola Ahmed Tinubu appointed Abdullahi as Director-General of the Energy Commission of Nigeria on October 24, 2023.

LUKMAN ABDULMALIK

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