The Economic and Financial Crimes Commission (EFCC) says it arrested Babalele Abdullahi, son-inlaw of  Atiku Abubakar over alleged money laundering.

Abdullahi is also the finance director of  Atiku’s group of companies.

Tony Orilade, acting spokesman of EFCC, told NAN that Abdullahi is in the commission’s custody.

“We are investigating a case of money laundering against Abdullahi. We shall speak at the appropriate time,” Orilade said.

He declined to disclose the figure involved in the laundering allegation against Abdullahi, but NAN said its investigation revealed that it was about 150 million Euros.

A few days ago, Atiku  raised the alarm over the arrest of Abdullahi.

In a statement by his Paul Ibe, his media aide, Atiku said EFCC operatives invaded Abdullahi’s residence in a “desperate move” to make him concede and congratulate President Muhammadu Buhari, whom he lost the election to.

“The EFCC agents numbering about two dozen came in two regular vehicles, an 18-seater Toyota bus with registration number Abuja CS 522 RSH and a Hilux van,” the statement read.

“They came with a warrant to search the house and office of Abdullahi and found nothing incriminating.

“They then proceeded to his office at Oakland Centre in Maitama and found nothing incriminating there.

“However, they took away some documents of landed property. Not done, the EFCC officials stormed his Wuse residence where they again found nothing incriminating after searching.

“Afterwards, Abdullahi was taken away to the EFCC office in Wuse to make a statement.”

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