Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering offences involving an estimated N500 billion.
EfCC confirmed that Abdullahi was arrested in Abuja on Wednesday and is currently being held in EFCC custody pending further investigation.
Key Highlights:
- Economic and Financial Crimes Commission arrested Mustapha Abdullahi over alleged money laundering.
- The alleged fraud under investigation is estimated at about N500 billion.
- Abdullahi was arrested in Abuja and remains in EFCC custody.
- An anonymous EFCC source confirmed the arrest and ongoing investigation.
- Bola Ahmed Tinubu appointed Abdullahi as DG of the Energy Commission of Nigeria in October 2023.
The source, who spoke anonymously because he was not authorised to comment publicly on the matter, alleged that the investigation centres on financial transactions amounting to about 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.
Read also:
- EFCC arraigns Metro Digital Limited over alleged rebroadcast of Multichoice content
- EFCC arraigns businessman over ₦123m fraud in Ibadan
- EFCC re-arraigns lawyer over alleged N15.7m land fraud in Enugu
Efforts to obtain official confirmation from EFCC spokesperson, Dele Oyewale, were unsuccessful as of the time the report was filed.
President Bola Ahmed Tinubu appointed Abdullahi as Director-General of the Energy Commission of Nigeria on October 24, 2023.
Further details on the case are expected to emerge as investigations continue.
