CSO Accuse ECN DG as EFCC Arrest Am Over Alleged N500bn Fraud, Solar Contract Scandal.

By : Jolayemi Olajide

Economic and Financial Crimes Commission don arrest Director-General of Energy Commission of Nigeria, Mustapha Abdullahi, for Abuja over alleged money laundering involving about N500 billion.

At di same time, one civil society organisation (CSO) accuse am of running “well-coordinated scheme” involving illegal award of solar streetlight contracts worth hundreds of millions to five companies wey allegedly belong to same group of people.

Di CSO allege say di companies were registered within one week in late 2023, share same Abuja addresses, and even get same directors, raising suspicion of coordinated fraud.

EFCC say Abdullahi dey in custody as investigation continue, while di allegations of contract abuse and money laundering still dey under probe.