Operatives of the Economic and Financial Crimes Commission (EFCC) have taken the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, into custody over allegations of money laundering and financial misconduct.
The DG was apprehended in Abuja and is currently being held at the commission’s headquarters.
While the EFCC has not released an official public statement, an internal source speaking on the condition of anonymity confirmed the detention on Wednesday.
The investigation centres on a massive financial scandal, with the alleged fraud involving funds estimated at a staggering ₦500 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 is to the tune of N500bn,” the official said.
Attempts to obtain an official statement from EFCC spokesperson Dele Oyewale have been unsuccessful as he remained unreachable at the time of this report.
The embattled Director-General was appointed to lead the Energy Commission of Nigeria by President Bola Tinubu on October 24, 2023.
His detention comes less than three years into his tenure, amid the unfolding ₦500 billion investigation.
Details shortly….
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