EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

 

The Economic and Financial Crimes Commission (EFCC) has arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over an alleged money laundering scheme involving more than N500 billion.

Sources within the anti-graft agency confirmed that Abdullahi was taken into custody in Abuja on Wednesday, in what appears to be a widening crackdown on corruption in Nigeria’s power sector. His arrest comes shortly after the conviction of former Minister of Power, Saleh Mamman, in connection with a separate N33.8 billion fraud case.

According to insiders familiar with the investigation, EFCC operatives are currently scrutinizing a series of complex financial transactions linked to the alleged fraud. The probe is said to involve multiple accounts and entities, raising concerns about systemic financial misconduct within the sector.

A senior source disclosed that Mustapha Abdullahi is being interrogated at the EFCC headquarters in Abuja and may remain in custody pending the outcome of ongoing investigations.

As of the time of filing this report, the EFCC has yet to issue an official statement. Efforts to reach the agency’s spokesperson, Dele Oyewale, were unsuccessful.

The development signals intensifying efforts by authorities to tackle high-level corruption, particularly in critical sectors such as energy, where transparency and accountability remain under scrutiny.