EFCC Arrests Energy Commission DG Over Alleged ₦500bn Money Laundering
The Economic and Financial Crimes Commission (EFCC) has reportedly arrested the Director-General of the Energy Commission over allegations of money laundering involving about ₦500 billion.
The arrest was carried out as part of ongoing investigations into large-scale financial irregularities within the energy sector.
According to preliminary reports, the official is being investigated over alleged misuse and diversion of funds running into several billions of naira.
The EFCC has yet to release full details of the case, but sources indicate that the probe is connected to suspected money laundering activities linked to government energy projects.
