EFCC Arrests Energy Commission Director‑General Over Alleged N500 Billion Money Laundering Case

1 hour ago 1
ARTICLE AD BOX
EFCC

By Luminous Jannamike

After former Minister of Power Saleh Mamman was convicted in a N33.8 billion fraud case, operatives of the Economic and Financial Crimes Commission (EFCC) arrested Dr Mustapha Abdullahi, the Director‑General of the Energy Commission of Nigeria, on Wednesday in Abuja. Authorities say the arrest is linked to allegations that he laundered more than N500 billion.

The arrest has brought the federal energy agency into the spotlight, as EFCC investigators reportedly are reviewing financial transactions connected to the alleged fraud.

A high‑ranking source, speaking to Vanguard, confirmed that the Energy Commission chief was taken into custody by anti‑corruption agents and is currently being questioned.

“He was arrested in Abuja on Wednesday and is in the custody of the EFCC,” the source said. “Investigators are grilling him over alleged money laundering involving more than N500 billion, and he is expected to spend the night at the EFCC headquarters in Abuja.”

Attempts to obtain an official statement from the EFCC were unsuccessful at the time of this report. EFCC spokesperson Dele Oyewale was not available for comment when contacted.

The post Breaking: EFCC arrests energy commission DG for allegedly laundering N500bn appeared first on Vanguard News.

Read more on this