Men of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering offences involving an estimated N500 billion.
A source within the anti-graft agency, who spoke on condition of anonymity because they were not authorised to comment publicly on the matter, disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently in the custody of the commission.
According to the source, the alleged fraud is linked to funds amounting to about N500 billion.
“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 involved is estimated at N500 billion,” the source said.
Efforts to obtain official confirmation from the EFCC spokesperson, Dele Oyewale, were unsuccessful as calls and messages were not responded to as of the time of filing this report.
President Bola Tinubu appointed Abdullahi as Director-General of the Energy Commission of Nigeria on October 24, 2023.
Further details are expected later.