Operatives of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, over alleged money laundering offences involving about N500bn.
Sources within the anti-graft agency disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently being held in the custody of the commission as investigations continue into the alleged fraud.
According to an official of the commission who spoke on condition of anonymity because he was not authorised to speak publicly on the matter, the case involves suspected financial crimes linked to funds estimated at N500bn.
“We have arrested the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, for money laundering offences. He was arrested and is currently in our custody. The money is to the tune of N500bn,” the source said.
Efforts to obtain official confirmation from the spokesperson for the EFCC, Dele Oyewale, were unsuccessful as he could not be reached at the time of filing this report.
President Bola Tinubu had appointed Abdullahi as Director-General of the Energy Commission of Nigeria on October 24, 2023.
The arrest comes amid renewed anti-corruption efforts by the EFCC targeting alleged financial misconduct in public institutions across the country.
Further details are expected as investigations progress.
EFCC arrests Energy Commission’s DG over alleged N500bn fraud
