Energy Commission DG arrested by EFCC over alleged N500bn fraud probe

The Director-General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, has been arrested by the Economic and Financial Crimes Commission over alleged money laundering involving more than N500 billion.

Sources said the arrest was carried out in Abuja on Wednesday as EFCC operatives intensified investigations into suspected financial transactions linked to the case.

A source familiar with the development told Vanguard that the Energy Commission boss is currently being detained and questioned by investigators at the anti-graft agency’s headquarters.

“He was arrested in Abuja on Wednesday and is in the custody of the EFCC,” the source stated.

“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.”

The arrest follows the recent conviction of former Minister of Power, Saleh Mamman, in a N33.8 billion fraud case.

The case has also placed the Energy Commission of Nigeria under increased public attention as investigators reportedly examine transactions connected to the alleged fraud.

As of the time of filing this report, the Economic and Financial Crimes Commission had yet to issue an official statement on the arrest.

EFCC spokesman, Dele Oyewale, was unavailable for comments when contacted.

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