Categories: Crime Watch Headline

BREAKING: EFCC Recovers N30bn From Halima Shehu, Betta Edu

Advertisement
Advertisement

EFCC has recovered N30bn from Halima Shehu and Betta Edu.

 

NewsOnline Nigeria reports that the Economic and Financial Crimes Commission(EFCC) said it has recovered N30bn in the probe of the National Social Investment Programme Authority (NSIPA) former CEO Halima Shehu and suspended Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu.

This Nigeria news platform understands that the anti-graft agency informed it has also placed 50 bank accounts under scrutiny over the probe.

 

World Economic Forum Names Nigerian, Chinwe Egwim Young Global Leader

 

Recall that President Bola Tinubu suspended Edu and Shehu about three months ago for alleged financial misappropriation.

The President also suspended the Social Investment Programme while directing the EFCC to take over the case and probe both embattled officials.

 

Chairman of EFCC, Ola Olukoyede, stated this in the March edition of the anti-graft agency’s monthly e-magazine, EFCCAlert.

He said: “We have laws and regulations guiding our investigations. Nigerians will also know that they are already on suspension and this is based on the investigations we have done, and President Bola Ahmed Tinubu has proved to Nigerians that he is ready to fight corruption.

 

“Moreover, with respect to this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government. It takes time to conclude investigations; we started this matter less than six weeks ago.

“There are cases that 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. Nigerians should give us time on this matter; we have professionals on this case and they need to do things right. There are so many leads here and there.

 

“As it is now, we are investigating over 50 bank accounts that we have traced money into. That is no child’s play. That’s a big deal. Then you ask about my staff strength. And again, we have thousands of other cases that we are working on.”

Advertisement
NewsOnline Nigeria

Recent Posts

  • Economy And Business

Tinubu Transmits Anti-Doping Bill, FCTA’s Supplementary Budget To Senate For Passage

President Tinubu has transmitted the Anti-Doping Bill and FCTA’s Supplementary Budget to the Senate for…

8 mins ago
  • Top Stories

Court Orders Arrest Of Suspended Adamawa REC, Yunusa Ari

Court has ordered the arrest of the suspended Adamawa REC, Yunusa Ari.   NewsOnline Nigeria…

15 mins ago
  • Headline

BREAKING: Governor Oyebanji Reportedly Missing Two Weeks After US Visit

Governor Oyebanji is reportedly missing in action in Ekiti State as his whereabouts are unknown…

19 mins ago
  • Headline

BREAKING: VP Shettima Presides Over 141st NEC Meeting

VP Shettima is currently presiding over the 141st NEC meeting.   NewsOnline Nigeria reports that…

42 mins ago
  • Entertainment

Controversial Singer, Portable Releases “Spiderman” Diss Track

Controversial Singer, Portable has released a "Spiderman" diss track after regaining freedom from police custody.…

47 mins ago
  • Top Stories

Tinubu Seeks Reps Approval To Refund N24.679 Billion To Nasarawa, Kebbi States

President Tinubu has sought Reps approval to refund N24.679 billion to Nasarawa and Kebbi states.…

55 mins ago