EFCC Arrests Energy Commission Chief Over Alleged ₦500bn Fraud Scandal.

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over allegations linked to money laundering involving about ₦500 billion.....KINDLY READ THE FULL STORY HERE▶

News reports that Abdullahi was arrested on Wednesday in Abuja and is currently being held for interrogation by the anti-graft agency.

A source within the EFCC told Punch that the investigation centres on large financial transactions suspected to have violated Nigeria’s financial regulations, with the total sum under scrutiny estimated at around ₦500 billion.

At the time of filing this report, the EFCC had not issued an official statement confirming the arrest.

Mustapha Abdullahi was appointed as Director-General of the Energy Commission of Nigeria by President Bola Tinubu on October 24, 2023.

In a separate development, the EFCC has also declared former Minister of Humanitarian Affairs and Social Development, Sadiya Umar Farouq, wanted over allegations of abuse of office and diversion of public funds.

The commission urged members of the public with useful information on her whereabouts to report to any EFCC office using the contact details provided in its notice.

According to the EFCC, Umar Farouq, 52, hails from Zamfara State, with her last known address listed as EN008, Okpo River, off Agulu Street, Maitama, Abuja.

She served as minister from 2019 to 2023 under the administration of former President Muhammadu Buhari.