Betta Edu: EFCC Investigates 50 Bank Accounts, Recovers N30bn

The Economic and Financial Crimes Commission says it has recovered N30 billion whilst investigating 50 bank accounts in the case of the suspended Minister of Humanitarian Affairs, Betta Edu.In the March 2024 edition of its bulletin titled, ‘EFCC Alert,’ the commission disclosed that the recovered N30bn is now in the coffers of the Federal Government.

“Moreover, concerning this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government. “And again, we have thousands of other cases that we are working on. Nigerians have seen the impact of what we have done so far, by way of some people being placed on suspension and by way of the recoveries that we have made. You have seen that the programme itself has been suspended. We are exploring so many discoveries that we have stumbled upon in our investigation.

President Bola Tinubu had in January suspended Edu and ordered Olukoyede “to conduct a thorough investigation into all aspects of the financial transactions” involving the ministry and “one or more agencies thereunder”.Edu had said there were plans to tarnish her image, adding that she won’t embezzle government funds.

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EFCC recovers N30 billion, investigates 50 bank accounts in probe of Betta Edu, othersA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »

Betta Edu probe: EFCC recovers N30bn, says 50 bank accounts under investigationNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »

Betta Edu scandal: N30bn recovered, 50 bank accounts under investigationThe Economic and Financial Crimes Commission, EFCC, has recovered N30 billion in the ongoing investigation of suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu and former Chief Executive Officer of the National Social Investment Programme Authority, NSIPA, Halima Shehu.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Betta Edu: Reps urge Tinubu to speed up probe of suspended ministerThe lawmakers said the suspension of the NSIP during “this period of increasing hardship” is “heightening” the challenges of the vulnerable population.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Suspended Minister of Humanitarian Affairs and Poverty Alleviation Debunks Misappropriation AllegationsThe suspended Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, has denied allegations of misappropriation of N30 billion. The EFCC has clarified that Edu is not associated with any scrutiny related to funds transferred to 50 bank accounts.
Source: TheNationNews - 🏆 6. / 69 Read more »