EFCC arrests Energy commission DG Mustapha Abdullahi over alleged N500bn fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering offences involving more than N500 billion.

According to reports, Abdullahi was arrested in Abuja on Wednesday and is currently being held by the anti-graft agency as investigations continue.

Sources familiar with the development disclosed that the probe is connected to alleged suspicious financial transactions and the suspected diversion of funds amounting to hundreds of billions of naira.

The arrest has generated widespread attention due to the scale of the alleged financial misconduct and the senior position occupied by the official within Nigeria’s energy sector.

Although details of the investigation remain unclear, insiders said EFCC investigators are examining multiple financial records and transactions linked to the case.

As of the time of filing this report, the EFCC had not issued an official statement confirming the arrest or providing further details regarding the allegations.