Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Oyedele Spotlights Plan To Achieve $1trn Economy 

    July 17, 2026

    Union Bank Employees Promote Cleaner Waterways, Coastlines With Beach Cleanup

    July 17, 2026

    Airtel Delivers Free Employability Training To Young Nigerians, Marking World Youth Skills Day

    July 17, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Kashim Shettima Will Run 2027 Election With Tinubu For Second Term Bid

      July 10, 2026

      INEC Uploads Peter Obi on Portal, Grants NDC Access 

      June 30, 2026

      President Tinubu Congratulates Oyebanji On Re-election As Ekiti Governor

      June 21, 2026

      Voting Exercise Commences Peacefully With INEC Ad-hoc Staff Early Arrival In Ekiti State. 

      June 20, 2026

      Itsekiri, Ijaw Decide on Rotation of Proposed Warri Federal Constituency II Seat

      June 13, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Sports July 10, 2026

      Burna Boy Will Feature At World Cup Final Halftime Show

      Recent

      Burna Boy Will Feature At World Cup Final Halftime Show

      July 10, 2026

      Lateef Adedimeji Unveils Reason Behind Emotional Tears In Movies

      July 9, 2026

      Richard Mofe Damijo Celebrates Birthday with Thankful Heart for 65

      July 6, 2026
    • Business

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026

      Remi Tinubu Says FG Also Support Pepper, Boole Sellers And Others. 

      June 30, 2026

      FirstBank Reiterates SME Backing To Drive Long-term Economic Growth

      June 29, 2026

      SMEDAN Secures $12m Korean Intervention, Unveils N500m MSME Grow Fund.

      June 29, 2026
    • Health

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026

      New Ebola Outbreak Confirmed in Eastern Congo as Death Toll Rises

      May 15, 2026
    • Culture

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026

      Gov Adeleke Presents Staff of Office to Afilaka as Alatorin

      May 14, 2026
    • Lifestyle

      Nigeria: The Belly of the Beast

      June 24, 2026

      The Room We Never Left: Trauma, Insecurity, and the African Child

      May 25, 2026

      Airbnb Expands Into Hotels, Car Rentals and Grocery Services Amid Global Regulatory Pressure

      May 21, 2026

      DStv, GOtv Price Hike Pushes Nigerians Toward Local Streaming Alternatives

      May 14, 2026

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026
    • Sports

      Argentina Celebrate 2-1 Victory Over England To Reach W’Cup Final

      July 15, 2026

      Falcons to Engage Ghana in Friendly, Preparation for WAFCON 

      July 15, 2026

      2026 FIFA World Cup: Spain Beat France To Advance Into World Cup Final

      July 15, 2026

      US Referee to Officiate England, Argentina Semi-final in 2026 FIFA World Cup

      July 14, 2026

      Super Falcons’ Arrive Morocco Early For WAFCON Title Defence

      July 14, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » EFCC Arrests Energy Commission DG Over Alleged ₦500 Billion Money Laundering Scheme
    Metro

    EFCC Arrests Energy Commission DG Over Alleged ₦500 Billion Money Laundering Scheme

    Ifetayo AdeniyiBy Ifetayo AdeniyiMay 13, 20261 Min Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita  –

    The Economic and Financial Crimes Commission has reportedly arrested the Director-General of the Energy Commission of Nigeria over allegations linked to the laundering of about ₦500 billion.
    Sources familiar with the investigation said the anti-graft agency is probing suspected financial transactions, contract allocations and movement of funds allegedly tied to the commission during the official’s tenure.
    The arrest is said to be part of a wider investigation into alleged abuse of office, diversion of public funds and questionable procurement activities connected to energy-related projects and government allocations.
    Although the EFCC has yet to release a full official statement detailing the allegations, investigators are reportedly examining financial records, company transactions and accounts believed to be connected to the case.
    The development adds to a growing list of high-profile corruption investigations involving senior government officials and public institutions as anti-corruption agencies intensify scrutiny of public sector spending and contract administration across Nigeria.
    More details are expected as investigations continue.

    Metro
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticlePromasidor Nigeria Shines as Winner of Triple Industry Awards 
    Next Article Lagos Govt Plans To Launch State Driver’s Licence 
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Metro May 21, 2026

    NDLEA Busts Massive Meth Lab in Ogun, Arrests Three Mexicans and Seven Nigerians

    Metro May 14, 2026

    Kano Housewife Arrested for Allegedly Setting Husband, Co-Wife Ablaze

    Metro May 1, 2026

    Kidnappers demand N1bn after abducting 15 worshippers in Ekiti

    Metro April 18, 2026

    Illegal Baby Factory Uncovered in Lagos, 28 Victims Rescued

    Metro April 17, 2026

    Police Order Trial of Officers Caught Extorting Citizens with PoS Machines in Delta

    Metro April 13, 2026

    Police Intensify Presence in Lagos After Cult Leader Arrest, Warn of Job Scam Robberies

    Leave A Reply Cancel Reply

    Don't Miss
    News July 17, 2026

    Oyedele Spotlights Plan To Achieve $1trn Economy 

    Taiwo Oyedele  * Highlights technology, agro processing, energy, manufacturing and financial services. Nigeria could unlock…

    Union Bank Employees Promote Cleaner Waterways, Coastlines With Beach Cleanup

    July 17, 2026

    Airtel Delivers Free Employability Training To Young Nigerians, Marking World Youth Skills Day

    July 17, 2026

    NESCAFÉ Next Level Promo Rewards Over 41,000 Consumers, Supports Entrepreneurial Ambitions

    July 17, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Queen Jennifer Osayamen Celebrates Birthday With Motherless Children

    December 26, 2021

    Reinarey Empire Unveils 2022 Collections

    November 11, 2021

    Benin Club @90: Leemon Ikpea, Gregory, Others To Be Invested As Patron, Trustees

    November 25, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.