EFCC Recovers N30 Billion in Probe of Suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu

Betta Edu

The Economic and Financial Crimes Commission (EFCC) has disclosed significant progress in its ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, stating that they have recovered N30 billion thus far. This revelation was made by the Chairman of EFCC, Mr. Ola Olukoyede, in the March edition of the commission’s monthly e-magazine, EFCC Alert, released on Monday.

Olukoyede further revealed that the commission has initiated investigations into 50 bank accounts over alleged fraud, which involved Halima Shehu, the suspended Chief Executive Officer (CEO) of the National Social Investment Programme Authority (NSIPA). The allegations pertain to the misappropriation of N585 million humanitarian funds intended for vulnerable groups in Akwa Ibom, Lagos state, Cross River, and Ogun, which were allegedly diverted into a private account.

The suspension of both Edu and Shehu by President Bola Tinubu in January prompted the EFCC's involvement in the case. Olukoyede emphasized the magnitude of the case and urged Nigerians to exercise patience as the investigation progresses. He noted the complexity of the matter and the need for thoroughness in uncovering various angles and leads.

Olukoyede stressed that investigations of this nature require time, as the commission is meticulous in its approach to ensure accuracy and integrity in the process. He highlighted the volume of work involved, stating that over 50 bank accounts are currently under investigation, indicating the seriousness of the matter.

 

Furthermore, Olukoyede pointed out that the EFCC is simultaneously handling numerous other cases, demonstrating the agency's commitment to combating corruption and recovering misappropriated funds. He underscored the tangible impact of the EFCC's efforts, including suspensions and recoveries made in connection with the case.

In conclusion, Olukoyede urged Nigerians to trust in the investigative process and exercise patience, emphasizing the adherence to due process. He assured that the EFCC is diligently pursuing the case and exploring all discoveries uncovered during the investigation, intending to ensure accountability and justice.