EFCC Arrests Energy Commission DG Over Alleged N500bn Fraud
Operatives of Economic and Financial Crimes Commission don arrest the Director-General of Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering involving more than N500 billion.
The arrest reportedly happened on Wednesday for Abuja as EFCC investigators intensify probe into financial transactions linked to the alleged fraud.
The development comes shortly after former Minister of Power, Saleh Mamman, was sentenced to 75 years imprisonment over separate N33.8 billion fraud case.
EFCC Detains DG for Questioning
According to sources familiar with the investigation, the Energy Commission boss is currently being detained at EFCC headquarters in Abuja for questioning.
A source close to the matter said investigators are examining several financial records and transactions connected to the alleged money laundering scandal.
“He was arrested in Abuja on Wednesday and investigators dey grill am over alleged laundering of more than N500 billion,” the source revealed.
Agency Under Fresh Scrutiny
The arrest has now placed the Energy Commission of Nigeria under major public attention as anti-corruption investigators continue their probe.
Although full details of the allegations are yet to be officially disclosed, insiders say EFCC is investigating large-scale financial movements connected to the commission.
The anti-graft agency has not yet announced formal charges against the suspect.
EFCC Yet To Release Official Statement
Attempts to get official confirmation from EFCC were unsuccessful as of the time this report was filed.
EFCC spokesman, Dele Oyewale, was unavailable for comments when contacted over the development.
The investigation is expected to continue as EFCC officials gather more evidence related to the alleged fraud case.
