Economic and Financial Crimes Commission operatives have arrested Mustapha Abdullahi, the Director-General of the Energy Commission of Nigeria, over alleged money laundering offences involving more than N500 billion.
Sources familiar with the development disclosed that Abdullahi was apprehended in Abuja on Wednesday by operatives of the anti-graft agency.
TheCable gathered that the Energy Commission boss is currently being held in EFCC custody as investigations into the alleged financial crimes continue.
Although details of the allegations remain sketchy, sources said the probe is linked to suspected money laundering and financial mismanagement involving funds said to exceed N500 billion.
The EFCC is yet to issue an official statement regarding the arrest as of the time of filing this report.