EFCC Detains Energy Commission Boss Over Alleged ₦500bn Money Laundering Probe
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the Director-General of the Energy Commission of Nigeria, Energy Commission of Nigeria, Dr. Mustapha Abdullahi, over allegations of money laundering involving funds estimated at about ₦500 billion.
According to sources within the anti-graft agency, Abdullahi was picked up in Abuja and is currently being held in EFCC custody while investigations continue into the alleged financial misconduct.
The source, who spoke on condition of anonymity due to lack of authorisation to comment publicly, said the case centres on suspected illicit movement and laundering of large public funds linked to the commission.
“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 ₦500bn,” the official said.
The EFCC has not yet issued an official public statement on the arrest, and attempts to reach its spokesperson, Dele Oyewale, were unsuccessful as of 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, as part of the administration’s efforts to strengthen governance within the energy sector.
The arrest marks one of the most high-profile anti-corruption actions involving a federal agency chief in recent months, as investigations into the alleged financial dealings continue.
Authorities have not yet disclosed further details, and the EFCC is expected to provide additional updates as the inquiry progresses.
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