EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Betta Edu Probe

The Economic and Financial Crimes Commission (EFCC) has recovered N30 Billion and is investigating 50 Bank Accounts in the ongoing investigation involving the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu.

According to Mr. Ola Olukoyede, the Chairman of EFCC, the commission has recovered over N30 billion in connection with the probe.

In a recent statement, Olukoyede highlighted the complexities of the case, emphasizing the need for a thorough investigation. He stated, “It takes time to conclude investigations; we started this matter less than six weeks ago. Some cases take years to investigate. There are so many angles to it. And we need to follow through with some of the discoveries that we have seen.”

The investigation also involves the suspended Chief Executive Officer of the National Social Investment Programme Authority (NSIPA), Halima Shehu, with 50 bank accounts currently under scrutiny over alleged fraudulent activities.

President Bola Tinubu suspended both Edu and Shehu following allegations of misappropriation of funds designated for humanitarian purposes. The EFCC was subsequently tasked with probing the matter.

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Olukoyede assured the public that the commission is committed to ensuring accountability and justice. He urged Nigerians to exercise patience, stating, “Nigerians should wait and give us the benefit of the doubt.”

The EFCC chairman emphasized the gravity of the situation, stating, “That is no child’s play. That’s a big deal. And again, we have thousands of other cases that we are working on.”

The investigation has revealed numerous leads, indicating the complexity of the case. Olukoyede reiterated the commission’s dedication to uncovering the truth, stating, “So, Nigerians should wait and give us the benefit of the doubt.”

The EFCC’s efforts underscore the government’s commitment to combating corruption and ensuring transparency in public affairs. As the investigation continues, Nigerians await further developments in the case.